Five Sustainability Trends to Watch
Key Takeaways
⇨ Businesses must balance new ESG initiatives with financial goals.
⇨ Investors are increasingly prioritizing sustainability, especially younger ones.
⇨ By having a strong ESG strategy, finance departments can help set their business up for success now as well as the future.
There is a new, fervent push for companies to prioritize environmental and sustainability concerns. While these initiatives are important, organizations must also balance their financial responsibilities with those new shareholders demands for environmental responsibility.
In recent years, five major trends have emerged on how organizations factor sustainability into their overall strategy and how this impacts Finance and the Financial Planning and Analysis (FP&A) function.
In this article, you will learn how regulatory and investor demand is shaping the ESG conversation. You will also read about how the transition away from fossil fuels offers savvy businesses an opportunity for additional profitability and savings, as well as some of the SAP solutions that can help organizations navigate the new ESG landscape.