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CFO’s feel ESG pressure (2023)
| Environmental, social, and corporate governance |
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| • What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
Last Thursday, CFO.com published the results of a survey of corporate executives which suggest that ESG may be playing an outsized and unjustified role in their decision-making:
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As CFOs and their executive teams look to hit Q2 goals, while looking ahead to Q3 challenges, pressures in the environmental, social, and corporate governance (ESG) space may be drawing productivity away from their organizations’ limited resources. The corporate equality index (CEI), a rating system separate from revenue and brand recognition, pushes to drive conversations around diversity, equity, and inclusion (DEI) in the workplace. Its emergence is evidence of the continued expansion and ambiguity of ESG and its subsets. These areas, many of which have their own leadership — some even in executive roles — desire quick changes to internal and external operations. Those changes, according to data, are putting pressure on many leaders who already have their hands full. According to CFO’s 2023 Q2 outlook report, all executives, not just CFOs, feel the pressures of ESG adherence. Nearly all (94%) of executives surveyed said they strongly or somewhat agree that they feel external pressure to prioritize ESG initiatives at their companies.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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