Sustainability Magazine July 2024 | Page 72

ESG
Who will the CDO work with on ESG data strategy ?
• Chief Sustainability Officer : The end of the line for all things sustainability
• Chief Executive Officer : As sustainability strategy begins to play into wider company strategy for more and more organisations , CEOs are becoming a more crucial voice in the conversations
• Chief Finance Officer : Despite ESG data being non-financial , it will still form part of financial statements so it is key for the finance team to ensure that the ESG data is accurate
• Chief Supply Chain Officer / Chief Procurement Officer : As more than 80 % of emissions live in the supply chain , the CSCO / CPOs have a crucial role in ensuring that a company can capture all of this carbon emissions data from the supply chain .
“ It ’ s really not just the Chief Sustainability Officer ,” says Levent . “ The CDO really needs to work with all of the CXOs and cross functions in order to create a holistic ESG data strategy .”
What is the business case for better ESG reporting ? ESG disclosures are a part of business , especially now that all countries in the G7
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