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ESG is moving to the top of the CFO's agenda. Here's what you need to know... ESG reporting is going from nice to have to need to have. Our research shows that 50% of finance teams are responsible for ESG reporting. That number has likely increased from near 0% 5-10 years ago. Behind this development are new reporting standards, e.g., CSRD, etc. Also, ESG reports must pass an assurance test, meaning they must be more rigorous. We're here to provide concrete tips for CFOs to tackle ESG reporting 👇 1️⃣ Update your strategic guidance 2️⃣ Conduct a gap evaluation 3️⃣ Perform double materiality assessment 4️⃣ Prepare an action plan 5️⃣ Implement and update ways of working Conceptually, from a reporting entity's perspective, you can consider the graphic on the right hand below. It doesn't stop with the reporting, however! You need to go beyond reporting and drive value creation. Here are some questions to consider: ✅ What specific ESG initiative are you currently running? ✅ What is the expected impact of these initiatives? ✅ How are these initiatives expected to give you a competitive advantage? ✅ What are the roles and responsibilities in running these initiatives? ✅ How are you following up on the initiatives? ✅ Is it a separate follow-up process or embedded into your standard meetings? ✅ What is Finance's role in driving these initiatives? Are you on top of your ESG reporting?