Sustainability Reporting and the Digital Stakeholder

Sustainable CFOs ideally use data and new tools to support the integration of ESG into strategic decision making and investment strategies. They ensure ESG data quality for external and internal reporting and drive sustainability improvements throughout the organization, setting KPIs, tracking and monitoring progress, and integrating ESG into budget setting, forecasting, and incentive systems. By leveraging digital technologies, sustainable CFOs are in the best position to collect company-wide data and provide reports and dashboards that can be used interactively, internally and externally, according to both a push and a pull logic. Companies today need innovative modes of reporting and of designing sustainability performance metrics based on engagement with different audiences. New technologies are pivotal to this evolution, and the role of the finance function therefore becomes even more crucial.