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Article name & author

Finance Function Partnering for the Integration of Sustainability in Business

Author: Institute of Management Accountants

Industry Group: All Industry Groups

Research / Insights - 2020

CFOs and finance function professionals may perceive sustainable business initiatives and reporting as outside the scope of their external reporting responsibilities and too burdensome. As a result, this work has fallen on a separate, sustainable business or corporate responsibility team outside the CFO function. Members of the finance function, however, have unique and critical skills to contribute to make the work of the sustainable business team more complete, accurate, and business-relevant. Establishing an internal partnership allows the corporate finance and accounting team to serve as business partners for improved decision making across the enterprise.

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Keywords: Climate-related risk, Financial impacts
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