Tag: SEC proposal for climate disclosure

Is there an “ESG backlash” among CFOs?

While a recent survey of CEOs (discussed in this PubCo post yesterday) showed increasingly favorable reactions to ESG and its potential impact—transforming ESG “from a nice-to-have to integral to long-term financial success”— what about CFOs? According to this survey of CFOs from CNBC, they’re just not all that into it. Granted, this survey of CFOs was minuscule compared to the KPMG survey of CEOs—actually, compared to any survey. But the results were strikingly different. CNBC labeled it an “ESG backlash.”