The rising interest in sustainable business practices is undeniable. In this survey, 42% of respondents say their organizations have instituted formal policies around ESG principles while an additional 33% say ESG is being incorporated into decision-making. However, when it comes to investing excess cash, a core activity in treasury, 54% say they’re not being guided formally by ESG factors.
Given their position as financial stewards, treasurers should understand not just the reporting implications of ESG but the financial ones as well. CEOs around the globe are increasing commitments to ESG in numerous ways, and Treasury can play a role in moving the needle to address these commitments and broader sustainability strategies.
Implications: ESG is filtering through much of what treasury does—and it's all about finding opportunities.
PwC’s 2021 Global Treasury Survey report reflects the views of 340 treasury department respondents contacted by the PwC global network from February through May 2021. The respondents are based in over 30 countries, across 22 industries and in companies with median annual revenue of $4 billion. The report also relies on insights from our global team of treasury function experts.
Principal, Financial & Treasury Management, PwC US
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