A4S Essential Guide to Incentivizing Action Along the Value Chain
A typical company’s value chain creates far greater social and environmental impact than its own operations, with the supply chains of many organizations accounting for more than 80% of their greenhouse gas emissions.
While reporting measures like Scope 3 emissions are becoming more common, a lot of organizations are still grappling with ways to gain a full picture of their value chain and incentivize action in a way that will support both business and sustainability goals.
Finance professionals have access to unique levers that can incentivize change and therefore have a vital role to play in driving action across the whole value chain. These include direct financial levers such as procurement processes, influencing through their own operations, knowledge sharing and collaboration.
The A4S Essential Guide to Incentivizing Action Along the Value Chain provides a framework to help finance professionals map their value chain, identify their stakeholders, assess risks and opportunities and understand the right levers to use to support action. It includes examples of incentivizing in action to demonstrate how these levers can be applied in practice.
We recently held a webinar on this guidance with Maarika Paul, EVP and CFO, Caisse de dépôt et placement du Québec (CDPQ), Patrice Impey, CFO, City of Vancouver; Co-chair Canadian Chapter of the A4S CFO Leadership Network, and Mark Hawkins, Strategic Advisor, Board member; Former Salesforce President & CFO Emeritus Salesforce; Chair of the A4S Advisory Council.