Feb3

Energy Management Not a Priority for Many CFO’s

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“We are currently conducting an online survey of purchase intentions of large companies for carbon and energy management software and services. One notable finding that has already surfaced is the lack priority some chief financial officers (CFO) assign to energy management, which mirrors our consulting in the field…..

Simply stated, energy management is not a priority for many CFOs.
“If sustainability is to move beyond a marketing-type function and truly become integrated in the core business processes in a company, sustainability leaders need the leadership, support and involvement of their CFO.
“The CFO role is vast and covers many areas, but CFO
leadership is critical if energy management and sustainability are to move from isolated teams in the company to pervasive aspects of all critical business functions. Sustainability leaders play a critical role in this evolution.

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Source: ClimateBiz News, 7th January 2011.

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