Sainsbury's CFO to co-chair Princes A4S Network
Sainsburys chief financial officer John Rogers is to co-chair a new network that will share ideas and best practice as a means of bringing environmental and social issues into the heart of company decision-making.
The Chief Financial Officer Leadership Network, established by the Accounting for Sustainability Project, founded by HRH The Prince of Wales, is the first grouping of its kind to focus on the role CFOs play in integrating environmental and social issues into financial decision making.
The Network was launched at the eighth A4S Annual Forum, where the Prince delivered a speech on the role of the finance and accounting community in creating resilient business models and a sustainable economy.
Member organisations joining the Network include Anglian Water, BUPA, Burberry Group, British Land, The Crown Estate, Danone, Royal DSM, Marks & Spencer, National Grid, Sainsbury’s, SSE, South West Water, Unilever, United Utilities, Walmart EMEA and Yorkshire Water.
The network will focus on developing and sharing successful strategies with the aim of making them the 'norm' across all businesses. This will include improved modelling of future risk and uncertainty as well as engagement with investors and other stakeholders to increase their understanding of the commercial benefits of sustainable business models.
Rogers will co-chair the network with Pierre-André Terisse who is chief financial officer at Danone.
Commenting on the initiative Rogers said: "HRH The Prince of Wales has rightly recognised the vital importance of bringing sustainability issues into the very heart of corporate governance and accounting. What used to be seen as greenwash needs to become as natural to company finance teams as it is to CR departments or even NGOs. I'm pleased to be co-chairing this significant new initiative and urge my counterparts in business and public organisations to contribute their skills and experience to the A4S CFO Leadership Network."
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