CFOs find benefits from ESG investing: Why CFOs should consider focusing on ESG for competitive advantage
While CFOs might wonder about the benefits of ESG investing, recent findings show that such investment does contribute to long-term competitive advantage. In a recent survey conducted by Deloitte Global and Forbes Insights on the impact of sustainability efforts of 350 executives from the Americas, Asia, and Europe, more than 50 per cent indicated a positive impact on revenue growth and overall company profitability. Beyond positive financial implications, 38% indicated that embracing strong ESG values enhanced their ability to attract and retain talent.