Presented by A4S, read the latest insights from global CFOs in the second Finance Leaders’ Sustainability Barometer. This report offers an understanding of the attitudes shaping finance leadership today, based on quantitative and qualitative input, and a comparison to previous findings.
The results underline the shift from the ‘why’ to the ‘how’. A large majority (88%) say that it is essential or very important to transform financial decision making, but only 9% say they are able to respond fully with the tools and techniques they have in place.
Another key finding is a shift towards viewing the net zero transition as an opportunity, driven largely by demand from employees and customers. We also uncovered the extent to which CFOs have identified a skills and capability gap and how they are planning to bridge it – only one in ten said their teams were currently ‘fully capable’ when it comes to environmental and social considerations.
The Australian Productivity Commission is exploring the adoption of digital financial reporting for large corporates and ASX-listed businesses, aiming to streamline processes and enhance transparency.
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