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100 _aWhelan, Tensie and Douglas, Elyse
_929722
245 _aHow to talk to your CFO about sustainability
260 _aHarvard Business Review
300 _a99(1), Jan-Feb, 2021: p.86-93
520 _aBy now most companies have committed to sustainability efforts—and yet many CFOs still see those efforts as a cost rather than a source of value. That makes it hard to unlock the internal financing needed to scale them up. The authors—the director and a senior scholar at the NYU Stern Center for Sustainable Business—have developed the Return on Sustainability Investment (ROSI) analytic tool, which companies can use to measure the financial returns on their sustainability activities. Implementing ROSI is a five-step process. Companies should (1) identify their current sustainability strategies, (2) identify related changes in operational or management practices, (3) determine the resulting benefits, (4) quantify the benefits, and (5) calculate the monetary value. The savings and growth thus revealed can reach hundreds of millions of dollars; in large companies, it can be billions. Particularly now, as companies scrutinize budgets threatened by the Covid-19 pandemic, ROSI analysis can help CFOs improve organizational finances through sustainability investments that create value for investors, employees, customers, and the world at large. - Reproduced
773 _aHarvard Business Review
906 _aSUSTAINABLE DEVELOPMENT
942 _cAR