More and more treasurers are getting involved in environmental, social and governance (ESG) initiatives. Not only financing them but also embedding them into treasury processes and spearheading departmental sustainability projects.
ESG is now widely recognised as an opportunity to innovate, add value, improve risk management, and contribute to long-term growth. The importance that C-level executives is placing on ESG reflects this evolving outlook.
Research from the Boston College Centre for Corporate Citizenship (BCCCC) found that, compared to five years ago, nearly 75% more companies are now directing corporate social responsibility (CSR) from the C-Suite . This sends a very clear message about the growing need for corporate organisations to think and act responsibly.