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ESG transforming CFO role

Note from the editor

Investment targeted at companies prioritizing environmental, social and governance (ESG) goals has grown into one of the biggest Wall Street themes in years, with total U.S.-domiciled assets under management rising to $17.1 trillion in 2020 from $12 trillion in 2018, according to US SIF: The Forum for Sustainable and Responsible Investment.  

Many companies are eager to tap into investor enthusiasm for sustainability, and they're turning to their CFOs to identify ways to measure ESG performance. Meanwhile, U.S. regulators are stepping up market supervision and considering a proposed rule on climate disclosure.

To give you a picture of where ESG reporting stands and how CFOs are tackling this increasingly important responsibility, we've compiled a selection of pieces from CFO Dive over the last year. We look at how ESG goals are transforming the CFO role, what CFOs can do to prepare their organization for ESG reporting and how the SEC is expected to approach ESG enforcement, among other topics.

We hope you find the selection of pieces useful as you help your organization measure and report on its ESG performance.

Jim Tyson Reporter

ESG to transform CFO role

Now that the Big Four have agreed on a set of metrics, the path forward is becoming clearer for standardized corporate ESG reporting.

Sizing up ESG data and reporting quality

How do you move from talking the talk on environmental, social and governance (ESG) goals to walking the walk on your measuring and reporting?

How to best manage ESG disclosures

Environmental, social and governance reporting will likely become mandatory for public companies, specialists say. CFOs should figure out best practices now.

Why, and how, the CFO should lead ESG efforts

This year, CFOs should prepare their companies for increased scrutiny on environmental, social and governance performance, if they haven't already.

Most companies will likely link executive pay to environmental targets: ING survey

Spurred on by the pandemic, most companies are accelerating their “green transformation” and plan to tie executive pay to environmental goals, ING said in an ESG survey.

SEC cybersecurity tactics point to ESG approach, attorney says

As the Securities and Exchange Commission builds investor protections on sustainable investing, CFOs can look to the agency's approach to cybersecurity for hints on how to prepare.

SEC official: Companies avoiding ESG disclosures 'risk higher costs of capital'

Disclosing some ESG-related issues may eventually prove as important for companies as reporting about asbestos-related risks, a top SEC official said.

SEC in 'risk alert' warns that some ESG funds may mislead investors

Sustainability reporting nearly universal among large companies, survey finds

Investment in socially conscious companies outpacing market

How ESG is transforming the CFO role

Investment targeted at companies prioritizing environmental, social and governance (ESG) goals has grown into one of the biggest Wall Street themes in recent years. Many companies are eager to tap into investor enthusiasm for sustainability, and they're turning to their CFOs to identify ways to measure ESG performance.

included in this trendline
  • Investment in socially conscious companies outpacing market
  • Sizing up ESG data and reporting quality
  • Why, and how, the CFO should lead ESG efforts
Our Trendlines go deep on the biggest trends. These special reports, produced by our team of award-winning journalists, help business leaders understand how their industries are changing.
Davide Savenije Editor-in-Chief at Industry Dive.