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Home Business Insights ESG and sustainability

How CFOs can help meet corporate ESG goals

SAP Concur by SAP Concur
July 23, 2024

ESG objectives are reshaping corporate priorities, as investors and regulators demand comprehensive climate change disclosures. Regulations, such as the EU's Corporate Sustainability Reporting Directive now require companies to report extensively, including Scope 3 emissions and business travel impacts.

CFOs play a pivotal role in ESG reporting, setting strategic goals, ensuring compliance, and transparently addressing climate change in financial statements. Despite challenges in data collection, CFOs can champion sustainability by developing robust ESG materiality assessment frameworks.

Related:  Companies failing to act on ESG issues risk losing investors
Tags: CFO strategyESGSAP Concursustainability
SAP Concur

SAP Concur

SAP Concur eliminates piles of paper receipts by letting employees automatically import electronic receipts from airlines, hotels, car rental companies, and taxis. The mobile app turns photos of receipts into expense entries automatically creating, itemizing and categorizing the expense.

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