Chief sustainable development officer’s Outlook Report From Deloitte&IIF

The following is the Chief sustainable development officer’s Outlook Report From Deloitte&IIF recommended by recordtrend.com. And this article belongs to the classification: Deloitte Consulting , research report.

The external environment changes faster than the internal environment, so it is necessary to appoint professionals to help enterprises adapt to changes as soon as possible, maintain a leading position or at least keep pace with the times. However, affected by the speed and complexity of change, enterprises need to appoint executives to control the complex situation, set a clear strategic direction for sustainable development, and adjust the business model to achieve long-term success.

With the development of enterprises, their carbon footprint and market value tend to increase, which leads to the continuous strengthening of external stakeholder review. Therefore, higher expectations are put forward for enterprises. However, enterprises have not yet found a way to achieve their goals by using the existing organizational structure, management and governance framework. CSOs are more common in large enterprises, and CSOs with professional experience in public policy and related fields are more able to manage the dynamic changes of communication and discussion process.

Enterprises realize that ESG risk has a huge impact and may become a strategic risk. If ESG risk drives significant changes in the market and regulators respond widely, enterprises need to adjust their strategies according to the situation.

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