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The Role of Finance in Driving Business Sustainability

How the finance team are an essential part of the transition to business sustainability.

Created byRoss Maynard
BeginnerUpdated Sep 15, 2024

What You'll Learn

  • check_circleUnderstand the importance of business sustainability
  • check_circleIdentify the skills and capabilities of the finance team to support business sustainability
  • check_circleDescribe the practices businesses can implement to become more sustainable
  • check_circleOutline the benefits of business sustainability
  • check_circleAddress the challenges of business sustainability
  • check_circleIdentify international organisations involved in supporting business sustainability
  • check_circleOutline corporate sustainability reporting requirements
  • check_circleDescribe the actions the finance team can take to facilitate business sustainability
  • check_circleUnderstand key performance measures for business sustainability

About This Course

Implementing sustainable practices is a key topic on the agenda for businesses today. Employees, communities, investors, and customers all expect the businesses they interact with to focus on environmental, social, and governance issues. At the same time, legislation and corporate reporting requirements are demanding that businesses pay attention to the impacts of their activities and practices.

The finance team can play a crucial role in this move towards business sustainability. In finance, we have the skills, tools, and experience to be at the heart of this transition. Specifically, we:

  • Serve as gatekeepers on investment decisions,
  • Manage risk and compliance,
  • Facilitate stakeholder engagement,
  • Support value creation and cost-efficiency,
  • Provide decision-support for business growth.

The finance function is essential in the move to business sustainability, providing capital, accessing incentives, managing risk, and developing the frameworks necessary for an organization to integrate sustainable practices into its operations. At the same time, skills that support business sustainability are in high demand, and finance professionals who develop these skills significantly enhance their career prospects.

In this course, I explore why a focus on sustainability has become a necessity for organizations, and why the finance function is a key facilitator in the move towards business sustainability. The course primarily offers actions that finance team members can implement to drive sustainability, while managing risk and ensuring performance and efficiency continue to improve.

Topics covered include:

  • How the finance function drives business sustainability
  • How businesses can improve sustainability
  • The benefits and challenges of business sustainability
  • The role of the finance function in driving business sustainability
  • Actions for the finance function to support the move to business sustainability

If you are involved in business sustainability, or interested in getting involved, this course is for you.

Course Content

5 activities • 5 videos • duration: 1h 1m

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Lesson 1: The Rise of Business Sustainability1 videos • 6 min
  • videocamThe Rise of Business Sustainability
    Duration 6:32
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Lesson 2: How Businesses can Improve Sustainability1 videos • 15 min
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Lesson 3: The Benefits and Challenges of Business Sustainability1 videos • 14 min
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Lesson 4: The Finance Function and Business Sustainability1 videos • 5 min
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Lesson 5: Driving Business Sustainability: Actions for the Finance Function1 videos • 18 min

Your Instructor

Ross Maynard

Business author and consultant, specialising in performance measurement and improvement

menu_book63 courses
star3,909 reviews

I am a Fellow of the Chartered Institute of Management Accountants in the UK and work as an author of business courses and a process improvement consultant. I have over 30 years' experience and live near Stirling in Scotland, with my wife, daughter and Cocker Spaniel. I aim to make my courses accessible and understandable. My courses focus on business topics including KPIs, performance measurement, approaches to business improvement, Agile and Lean. I hope you enjoy my courses.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.7 out of 5
Student's Choice
130 reviews
  • MM
    Maruf M.
    starstarstarstarstar

    It was good and effective learning for me.

  • SL
    Shelly L.
    starstarstarstarstar

    Not sure yet

  • KQ
    Katherine Q.
    starstarstarstarstar

    Need more information

  • IM
    Ivan M.
    starstarstarstarstar

    Very easy to understand.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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