CFO Series: Measuring and Reporting - ESG and Sustainability

Overview

ESG broadly covers many of the non-financial issues every organization faces. The use of ESG as a term however conjures images to many of tree-huggers protecting rare species at the expense of jobs and growth, requirements that well-qualified candidates are not hired or passed over for promotion because they do not meet "diversity standards" and that companies are constrained by restrictive laws and regulations from conducting their business. ESG is not about limiting growth or profitability. It is about measuring non-financial information and using that information to make companies more efficient and more profitable. ESG is not a fad that will go away but a method of viewing our organizations so that they can be better and more profitable.

Prerequisites

At least six (6) months of professional financial statement analysis experience. Prior management and leadership experience will be helpful.

Objectives

• Identify environmental, social and governmental efforts
• Distinguish how ESG efforts make organizations more efficient and profitable
• Determine the best way to measure and report on those efforts

Highlights

• Defining sustainability
• Environmental risks and opportunities: How your organization deals with natural resources
• Social risks and opportunities: How your organization deals with people
• Governance risks and Opportunities: How your organization deals with laws, regulations and controls
• Defining and measuring environmental, social and governance metrics (ESG)
• Reporting on ESG metrics and your organization's efforts