Are You Proactive in Understanding the Technology — And Talent — Gaps in Your Finance Group?
AI and other technology innovations have CFOs understandably excited about the possibilities for the finance organization and the broader enterprise. Why it matters: CFOs are concerned about lagging behind quicker-to-pounce competitors. What’s next: CFOs are focused on deploying advanced analytics, generative AI (GenAI) applications, diagnostic AI techniques and tools, process mining, and other recent breakthroughs […]
Energy Transition: GHG Emissions Reductions for the Oil and Gas Industry
Oil and gas industry leaders are increasingly adopting net-zero targets for emissions reduction, focusing on Scope 1 and Scope 2 emissions. However, Scope 3 emissions, which account for 80% of the industry’s GHG emissions, remain a challenge. Why it matters: Reducing GHG emissions in the oil and gas industry is crucial for addressing climate change. […]
New Research — CFO Priorities Increase Amid New Expectations
CFOs are marshaling all of the talent, technology and data resources within their reach to address a growing list of priorities while driving strategy in the C-suite and meeting new expectations in the boardroom. Emerging priorities: Our latest Global Finance Trends Survey results, based on responses from more than 900 finance leaders worldwide, show that […]
Got Data Management? Growing Demand for Trusted ESG Reporting Requires M&D Companies to Improve Their Tech
The big picture: The rapid emergence of environmental, social and governance (ESG) mandates from around the globe is requiring companies to collect, organize and report new types of data in new ways; many are not ready. Why it matters: Manufacturing and distribution (M&D) companies are behind other industries in their data management capabilities, and they […]
ESG Reporting Is Already Required: Here’s What You Need to Know
The big picture: Mandatory ESG reporting will soon be a reality for more than 3,000 U.S. companies, thanks to the EU’s Corporate Sustainability Reporting Directive (CSRD) that took effect last January. Why it matters: CSRD compliance requires substantial data collection, cross-functional collaboration, and, potentially, new reporting infrastructure — a massive undertaking. Who is responsible? The […]
Governor Signs California Climate Disclosure Requirements: What Companies Need to Know
In September 2023, California legislators passed the first mandatory climate disclosure bills in the United States. Governor Gavin Newsom signed the two climate-impact reporting measures into law on October 7, 2023. The measures are expected to have far-reaching effects not only for the U.S.-based businesses that are required to comply but also for their trading […]
