target audience: TECH BUYER Publication date: Jun 2024 - Document type: IDC Perspective - Doc Document number: # US52188323
Green or Sustainable Accounting: What's Important to the Office of the CFO
Content
List of Figures
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
This IDC Perspective highlights the critical role of the chief financial officer (CFO) in green or sustainable accounting, emphasizing its importance in risk management, regulatory compliance, and enhanced investor relations. With the advent of stringent regulations like EU's Corporate Sustainability Reporting Directive (CSRD), CFOs must navigate evolving standards and leverage technology to integrate sustainability with financial reporting, thereby ensuring that their companies remain competitive and sustainable in the face of environmental challenges.
"Embracing green accounting is not just compliance; it's a strategic move toward sustainable profitability and corporate resilience." — Heather Herbst, research director, Worldwide Office of the CFO at IDC