Green or Sustainable Accounting: What's Important to the Office of the CFO

This IDC Perspective highlights the critical role of the chief financial officer (CFO) in green or sustainable accounting, emphasizing its importance in risk management, regulatory compliance, and enhanced investor relations. With the advent of stringent regulations like EU's Corporate Sustainability Reporting Directive (CSRD), CFOs must navigate evolving standards and leverage technology to integrate sustainability with financial reporting, thereby ensuring that their companies remain competitive and sustainable in the face of environmental challenges."Embracing green accounting is not just compliance; it's a strategic move toward sustainable profitability and corporate resilience." - Heather Herbst, research director, Worldwide Office of the CFO at IDC