The role of Chief Sustainability Officers (CSOs) is gaining prominence in corporate structures, yet their responsibilities and reporting lines vary significantly. According to a recent Conference Board report, many CSOs do not report directly to CEOs, and only 31% of sustainability programs are fully integrated into organizations. The role, which largely didn't exist until five years ago, faces challenges in executing sustainability strategies without full support from the C-suite. Effective CSOs often have longer tenures and direct reporting lines to top executives. As sustainability regulations and stakeholder pressures increase, the scope of CSOs' responsibilities is expected to expand in the coming years. #Sustainability #CSO #CorporateGovernance #ESG #Leadership
Corporate Sustainability Assessment (CSA)’s Post
More Relevant Posts
-
🌍 Ever wondered where to start with sustainability reporting and how will it impact your business come 2025? Michael Costello, Partner and Head of Sustainability at BDO Ireland highlights the challenging task businesses face as they navigate new sustainability regulations and the EU Corporate Sustainability Reporting Directive. Learn why education, leadership, and immediate action are essential to achieve true sustainability in your organisation. Read the full article to understand what’s coming and how to get ready: https://lnkd.in/epvqa__i #Sustainability #Leadership #BDOIreland #ESG #BusinessStrategy #CorporateResponsibility
To view or add a comment, sign in
-
🌍 The Role of the Chief Sustainability Officer: Essential for Modern Business Transformation 👇 The KPMG 2023 CEO Outlook reveals a significant trend: sustainability is a top priority for businesses, with over two-thirds of global CEOs fully integrating ESG into their operations. But what role does the Chief Sustainability Officer (CSO) play in this transformation? In today's dynamic business environment, the CSO is indispensable. Here’s why:👇 🧊 Understanding: CSOs track and evaluate ESG developments, identifying risks and opportunities to prepare the company for future challenges. 🧊 Connecting: They foster cooperation across departments and form strategic alliances for sustainable solutions, driving holistic growth. 🧊 Communicating: CSOs articulate the need for sustainability actions, manage stakeholder dialogues, and ensure transparency. #Sustainability #ESG #CSO #BusinessTransformation #KPMG #Leadership #CorporateResponsibility
To view or add a comment, sign in
-
In the ever-evolving business landscape, the significance of #Environment, #Social, and #Governance (ESG) principles has never been more pronounced. 🌱🤝🏢 For me, the importance of #ESG was truly illuminated after becoming certified as an Independent Director by the #IndianInstituteofCorporateAffairs (IICA). This certification not only broadened my understanding of corporate governance but also deepened my commitment to integrating ESG principles into every facet of business operations. My journey to becoming an #IndependentDirector certified by #IICA has been transformative. It has ignited a passion for advocating ESG principles in the business world. ESG is not a fleeting trend but a fundamental shift in how we conduct business. Let’s embrace ESG as a core element of our corporate strategy to drive sustainable growth, foster social equity, and build a better future for generations to come. 🌟 #ESG #Sustainability #Governance #SocialResponsibility #Leadership #CorporateGovernance #IICA #IndependentDirector
To view or add a comment, sign in
-
Check out Rafał Boczkowski's latest article on ESG leadership in Poland. Learn how ESG standards have become crucial for businesses in Central Europe, driving sustainable strategies and attracting socially conscious investors. Read more: https://lnkd.in/d6Gu9Vnz #ESGLeadership #SustainablePoland #ESGIntegration
The Critical Role of CEOs in Implementing the ESG in Poland
https://www.neumannexecutive.com
To view or add a comment, sign in
-
🌍 Governance is what brings the ‘E’ and ‘S’ in ESG to life: While governance may be the least popular aspect in ESG, it's arguably the most critical. Without leadership that embeds social and environmental considerations into business strategies, the 'E' and 'S' are simply lofty aspirations. 🌱 I had the pleasure to moderate the panel discussion on Corporate Governance at the Sustainability Summit in Hamburg last week. 🎤 A huge thank you to Farah Alice Rosenau, Anja Link, Kitty Fritz-Nielen and Victoria Knauer- Hansen for sharing your perspectives and insights! 🙏 We explored how governance should start with a clear why, a vision & values, rely on top leadership support, and be guided by a strong transition plan that provides both direction and flexibility—like playing on a ⚽️ soccer pitch, with boundaries but room to move. Most importantly, it’s about bringing people and stakeholders on board and making them part of the journey. 🚀 And last but not least, keeping everything on track through ongoing monitoring and evaluation. ✔️📊 Thank you JAEWOO HYUN and Lisa Winkler & team for making it all happen 🙌 #esg #corporategovernance #sustainabilitystrategy #stakeholdercapitalism #culture #sustainablebusiness
To view or add a comment, sign in
-
What do you as a board member really need to know about the Green Deal, ESG, SFRD, ESRS, CSRD, CS3D and all the other regulatory matters on sustainability? How will these new rules affect your responsibilities as a board member in several areas? GUBERNA's programme, 'A Governance Roadmap to Sustainable Value Creation', addresses the impact of the above topics on board roles, offering practical examples for board members. 📣 Participants in our 2023 edition were very enthusiastic, stating that the programme surpassed their expectations. When asked about their motivation for participating, they provided responses such as: ✔️I know that sustainable value creation is very important but I don't know yet how I can contribute as a board member. ✔️I want to be able to value sustainability and emissions in various possible investment decisions and ask the right questions about them. ✔️I want to understand how to reconcile governance and sustainability and I want to be able to motivate and inspire the management towards an ethical leadership Read more about this course and register via: https://lnkd.in/e-uGK7VV #GovernanceRoadmap #Sustainability #Course
Time to master the ESG landscape! | GUBERNA
guberna.be
To view or add a comment, sign in
-
From facing significant regulatory developments to political backlash, being a sustainability leader today can feel like a lot of block and tackle instead of gaining real ground on your environmental goals. As an #ESG leader, how can you ensure that you and your team have the time and ability to pursue the priorities you've set rather than reacting to whatever comes up next? Using exclusive survey data and insights from senior leaders, we compiled a comprehensive guide for navigating ESG backlash and new demands on you and your team. In this guide, we'll explore: Strategies for demonstrating business value amid ESG backlash Whether the phrase ESG still stands in today’s environment The impact this growing skepticism is having on corporate ESG budgets How to leverage peer benchmarking to navigate turbulent times Download our guide to ensure you’re prepared to navigate the ever-changing ESG space: https://lnkd.in/guSxBEES
To view or add a comment, sign in
-
Has your organisation conducted a gap analysis to assess its current ESG maturity level? 📊A gap analysis is important before you start developing a sustainability strategy, as it assesses your organisation's current ESG performance and how it compares to your ESG goals. The analysis will also benchmark your organisation against peers, global ESG leaders, industry best practices and global and local ESG regulations and standards. How else can a gap analysis help your organisation? Read more here 👉 https://lnkd.in/gvY4HX9U . . . #sustainabilitystrategy #GapAnalysis #ESGPerformance #ESGStrategies #ESGConsulting #Sustainability #BusinessExcellence
To view or add a comment, sign in
-
The traditional approach to CSR isn't enough anymore! In today's world, businesses need a comprehensive sustainability strategy, and the people with the skills to lead the transformation! Our course is exactly here to prepare you in becoming a sustainability leader. From stakeholders engagement, performing a materiality assessment, to ESG reporting, this course covers all spectrum of sustainability with practical skills and knowledge to lead the charge. Whether you are already in a sustainability position or considering a career transition, this course is designed to provide you with the practical knowledge and tools to make an impact. Explore our course objectives and what we will learn throughout our 5 months cohort, from July 22nd to 9th December. Download the syllabus for more information and book a call today ➡️ https://lnkd.in/d8JNcf-i #Sustainability #CorporateSustainability #SustainableBusiness #MENAImpact #SustainabilityLeadership #CSR #ESG
To view or add a comment, sign in
43,000 followers