The Ledger

CFO Magazine: 6 Stakeholders Who Support the CFO to Take ESG Beyond Compliance

“With all these stakeholders taking such a keen interest in ESG, there is a strong case for CFOs to take a strategic view of ESG compliance and reporting, whether it is compulsory or not. The forward-looking CFO doesn’t think ESG is just another compliance burden. They realize that finance is looking at an opportunity to gain and secure business while accruing other benefits and savings that go way beyond regulatory success.”

Read More at CFO Magazine >

FP&A Trends: Why Should We Care About Data Governance and Data Literacy?

“To understand the importance of data governance, we need to understand the risks of poor data governance:

1. Poor data quality
2. Poor and wrong decision-making
3. Increased forecast risk
4. Increased percentage of unstructured data
5. Fractured data sources”

Read More at FP&A Trends >

CFO Dive: CFOs Plan to Boost ESG Spending Despite Recession Risk: Survey

“A gap remains between sustainability goals and execution — while most financial leaders agree addressing ESG issues is important, most also say their organizations lack the tools to include ESG in their decision-making.”

Read More at CFO Dive >

CFO Magazine: 79% of Executives Expect a Recession; Only 35% Feel ‘Very’ Prepared: Weekly Stat

“Decision-making data showed that 47% of prepared leaders said they will turn to information technology to aid in decision-making moving forward, while 41% of the not very prepared said the same. A majority of the not very prepared group (55%) said they will lean on C-suite executives, while a third (33%) said they will lean on accounting or finance for a majority of their decision-making aid. The prepared group also saw value in tapping the C-suite and the finance department when making decisions, despite seeing the wisdom of leveraging IT and outside consultants.”

Read More at CFO Magazine >