In this week’s episode of the Future of ERP podcast, we explore the evolving role of CFOs in driving corporate sustainability with McKinsey’s Peter Spiller. Spiller highlights the increasing pressure on CFOs to manage carbon emissions effectively, driven by stricter regulations like CSRD, CBAM, and ETS2. He emphasizes the need for accurate carbon data to inform business decisions across sourcing, R&D, and sales, and advocates for treating carbon as a “currency” within organizations. The conversation covers the advantages of integrating carbon accounting into ERP systems, using a low-carbon aluminum product example. Spiller also touches on capturing Scope 1, 2, and 3 emissions, the importance of supplier data, and the evolving relationship between CFOs and Chief Sustainability Officers in driving holistic sustainability changes within companies. The episode provides insights for finance professionals and sustainability leaders on navigating the intersection of ERP and environmental responsibility.

Peter is a Partner in the Frankfurt office of McKinsey & Company, Inc. He leads McKinsey’s global Sustainability in Operations Practice and works across industries on sustainability strategy, supply chain decarbonization, and carbon accounting and tracking in value chains. He specifically serves clients in the High-Tech, Telecom, Consumer goods, and Automotive and Assembly industries.

Richard Howells has been working in the Supply Chain Management and Manufacturing space for over 30 years. He is responsible for driving the thought leadership and awareness of SAP’s ERP, Finance, and Supply Chain solutions and is an active writer, podcaster, and thought leader on the topics of supply chain, Industry 4.0, digitization, and sustainability.

Richard Howells: LinkedIn, X (Twitter)

Follow Us on Social Media:

Please give us a like, share, and subscribe to stay up-to-date on future episodes!

The post Episode 55: Carbon Currency: The Evolving Role of CFOs in Sustainability with McKinsey’s Peter Spiller first appeared on The Future of ERP.