The business case for sustainability continues to be made, but the integration of sustainability strategy into finance and risk management strategies is still complicated. But, by taking the time to coordinate under one comprehensive strategic umbrella, companies that can capture sustainability, finance, and risk management strategies effectively in the corporate strategic plan will see growth – despite shifting customer demands, changing capital marketplaces, and increasing regulations.
This white paper, published by GreenBiz and authored by the Global Risk Center at Marsh & McClennan, maps out how companies can close the gap between established finance modeling and enterprise risk management processes and sustainability strategy.
Creating a strong strategic plan that does close this gap isn’t just about simplifying and clarifying internal processes, which is an added benefit, but leading companies that undergo this strategic work are finding that they are able to leverage their sustainability initiatives to raise capital, reduce operational costs, and decrease risk and volatility.
Long gone are the days when sustainability meant “green,” and hello to the future where sustainability really means what it says – the ability to last.