Business Chief US and Canada November 2023 | Page 82

ESG | GREEN FINANCE

39 %

proportion of respondents to IFS-sponsored survey who ranked ‘ embedding sustainability goals in operations ’ as a top priority

5,500

number of IFS employees across the globe
“ As a business partner and steward , CFOs need to ensure the organisation ’ s financial strategies align with its commitment to sustainability ,” he says . “ We must assess and manage environmental risks , allocate capital to eco-friendly initiatives and optimise costs through green finance practices .
“ Green finance isn ’ t just about complying with regulations and reporting standards but also about embracing sustainability as a core part of our financial strategy . Furthermore , it involves engaging with stakeholders and effectively communicating our environmental efforts , as this is increasingly important for building trust and resilience in today ’ s business landscape .
“ Ultimately , green finance is not just a financial matter ; it ’ s a strategic imperative that influences our financial decisions and contributes to our long-term success as a responsible and competitive organisation .”
How IFS is prioritising green finance IFS ’ sustainability strategy is based around three key pillars :
• Excellence in our business
• Supporting our customers
• Making a broader impact
82 November 2023