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Bringing the rigor of financial reporting to ESG

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Manage episode 363708261 series 1503426
Content provided by Colin Shashaty. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Colin Shashaty or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Better Finance podcast, Myles Corson talks to Prat Bhatt, Senior Vice President and Chief Accounting Officer at Cisco, and Ciara Lee, Cisco’s first ESG Controller, about the importance of financial rigor in ESG.

Cisco’s stated purpose is to make the world a better place. So how does the company’s first environmental, social and governance (ESG) Controller make sure that happens?

In a fascinating and wide-ranging discussion, they cover what the rigor of finance can bring to ESG, and the importance of finance’s unique ability to bring accountability, governance, control systems and formal processes to the ESG table. Together, they unpack the challenges of getting to net zero across scope 1, 2 and 3 by 2040, and the particular challenges of scope 3.

The views and opinions expressed are those of the individuals and do not reflect the official policy or position of EY or any other organization.

© 2023 Ernst & Young Global Limited

  continue reading

65 episodes

Artwork
iconShare
 
Manage episode 363708261 series 1503426
Content provided by Colin Shashaty. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Colin Shashaty or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Better Finance podcast, Myles Corson talks to Prat Bhatt, Senior Vice President and Chief Accounting Officer at Cisco, and Ciara Lee, Cisco’s first ESG Controller, about the importance of financial rigor in ESG.

Cisco’s stated purpose is to make the world a better place. So how does the company’s first environmental, social and governance (ESG) Controller make sure that happens?

In a fascinating and wide-ranging discussion, they cover what the rigor of finance can bring to ESG, and the importance of finance’s unique ability to bring accountability, governance, control systems and formal processes to the ESG table. Together, they unpack the challenges of getting to net zero across scope 1, 2 and 3 by 2040, and the particular challenges of scope 3.

The views and opinions expressed are those of the individuals and do not reflect the official policy or position of EY or any other organization.

© 2023 Ernst & Young Global Limited

  continue reading

65 episodes

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