CFOs and their finance teams

LONDON- UK- 17th Nov 2016. HRH The Prince of Wales convenes global CFO's and other leaders from the finance and accounting community for the annual A4S (Accounting for Sustainability) Summit at St James's Palace in London.
Photograph by Ian Jones

A4S, CFOs and their finance teams

A4S works with Chief Financial Officers (CFOs) across the globe to integrate economic, environmental and social issues into business strategy, processes and decision making.

A4S's The CFO Leadership Network is the first grouping of its kind globally. Launched by HRH The Prince of Wales at St James’s Palace in December 2013, the Network brings together a group of leading CFOs from large businesses seeking to embed the management of environmental and social issues into business processes and strategy.

The Network provides a forum for CFOs and their teams to share knowledge and experience, demonstrate leadership and address common challenges to engage and enable the wider CFO community to embed sustainability into decision making in order to drive sustainable business models and a sustainable economy.
 

The role of CFOs and their finance teams

Long term sustainable performance relies on an understanding of the interdependency between financial, social and environmental factors. Chief Financial Officers are uniquely situated to ensure their organisation creates long term sustainable value by integrating economic, environmental and social matters into their decision making.

CFOs and their finance teams can drive sustainable business models and a sustainable economy in the following ways:

  • Support the creation of sustainable business models by raising awareness of the commercial benefits of sustainability
  • Share insights, challenges and opportunities to accelerate progress towards accounting for sustainability and collaborate with others
  • Work together to transform finance through the development of tools, methodologies and approaches that enable sustainability to be integrated into decision making
  • Influence the environment within which organizations operate through engagement with investors and other stakeholders
     

How CFOs and their finance teams can get involved

There are plenty of ways for CFOs and their finance teams to get involved in shaping the future of finance, first steps include: