CFO Insights

“Greenwashing” is an accusation that activists, investors and other stakeholders levy when they believe a company’s sustainability and environmental proclamations and disclosures lack credibility, meaning they are not supported by facts and underlying data.

Technology, media and telecommunications (TMT) companies exist on the forefront of change, constantly pushing the envelope on digital innovation and transformation. But there are signs that leaders in this industry are growing increasingly concerned about their organisations’ ability to maintain that position and pace — not only this year, but over the next decade.

As senior executives face more pressure to respond to rising costs and eroding profit margins, CFOs can remind their colleagues that they have more cost-optimisation strategies than they might expect.

People and culture sit atop the list of key risk concerns of board members and executives worldwide looking out over the next 12 months as well as into 2032, according to the latest Top Risks Survey from Protiviti and NC State University’s ERM Initiative.

Ever since Steven Spielberg put the metaverse on the mainstream map in 2018 with his science fiction adventure film, Ready Player One, based on Ernest Cline’s novel of the same name, there has been a slow but steady drumbeat of momentum building around the potential and possibilities of this brave, new, immersive world.