Sustainable Finance

Three Ways Finance Departments Do Sustainability With Big Impact

Three Ways Finance Departments Do Sustainability With Big Impact

Beyond the obvious move of going paperless, there are a number ways that finance departments can make sustainability part of its strategy. They include: allocating a pool of capital project money to the sustainability department, calculating risk-adjusted returns realistically, and having 401K plans that offer socially or environmentally responsible investment options.

The Greening of CFOs: Any Leading Examples?

The Greening of CFOs: Any Leading Examples?

Last month, the Securities and Exchange Commission (SEC) instructed publicly held companies to “…consider the effects of global warming and efforts to curb climate change when disclosing business risks to investors.” One significant ramification of this SEC action is that CFOs will now need to take the initiative in identifying and reporting the risks that climate change may have upon their company’s investors. This is a sea change in CFO fiduciary responsibility.