“ Boards can and must actively support CSOs in achieving targets at an appropriate pace ”
sustainability by establishing a robust framework , fostering collaboration with the CSO , and supporting the alignment of operational strategies with their goals . This is not about initiatives – this is a whole business transformation aligned with long term market goals . A close working relationship between the CSO , finance function , and audit committee ensures compliance with emerging ESG standards and collaboration with the CFO is crucial for creating a business case and programmes for a sustainable operational footprint .
To address the green skills gap , upskilling across all career levels is essential . Leveraging technology and data is vital for driving innovation , reducing resource usage , and enhancing sustainability performance . In this way , collaboration between the CSO and CIO is key for scaling technology , embedding behaviour change and the data that underpins transformation and reporting .
Q . WHAT INFLUENCE DOES EY HAVE ON BOARD SUSTAINABILITY MINDSET AND ACTION ?
» At EY we recognise that the greatest impact we can have on board sustainability mindset and action is through its commitment to sustainability leadership . EY ' s extensive experience , having delivered sustainability solutions to over 3,000 clients , showcases its dedication . By appointing a Vice-Chair , Sustainability and CSO , the first among the Big Four , EY looks to be a leader in global sustainability efforts , evident in achieving carbon neutrality and aiming for carbon negativity .
EY ' s sustainability and ESG strategy teams offer tailored support , addressing diverse challenges like decarbonisation , energy transition , and sustainable sourcing . The multidisciplinary approach , spanning 120 countries , helps businesses realise unique sustainability ambitions , emphasising real-world pathways for a better future and EY ' s proactive initiatives set a benchmark , inspiring boards to prioritise sustainability for enduring value creation . sustainabilitymag . com 19