Regulators worldwide are increasingly asking for emissions disclosures as part of environmental, social, and governance (ESG) reporting. That is prompting companies to establish carbon net-zero strategies. These strategies aim to reduce carbon emissions by either no longer generating them or counterbalancing them by removing an equivalent amount of carbon already in the atmosphere.
Finance teams have a role to play in achieving these net-zero targets — by assessing cost-effectiveness of approaches, budgeting for emissions, monitoring, and reporting.
"CFOs who typically