The current macroeconomic environment of high inflation and interest tightening has put an added burden on chief financial officers to refocus their firms’ financial priorities. Much of that endeavor includes seeking avenues for increased efficiencies. Another area of focus has been emphasis on meeting short-term financial objectives (earnings and revenue growth) to appease analysts and investors. However, CFOs should be careful not to lose sight of the importance of environmental, social, and governance (ESG) standards.
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