Chief Financial Officers (CFOs) aren’t interested in sustainability just because of its potential as a cost-cutting tool. A respectable fraction of global CFOs surveyed also see a strong link between sustainability performance and financial performance according to a report by Deloitte University Press.
Short extract:
“The implications for CFOs themselves are clear: According to the survey, CFO reporting authority for sustainability has increased from 17 percent last year to 26 percent, and in countries such as Australia (40 percent) and Germany (32 percent), it is much higher (see sidebar, “Sustainability around the world”).”
Sustainability: Why CFOs are driving savings and strategy by Deloitte University Press
Download a pdf of the Deloitte University Press report of September 2012 here.