Uncover how regulations, investor demands, and market expectations are driving organizations to embrace sustainable practices.

Gear Up for Growth
With Jean Caragher
For CPA Trendlines

In a world where sustainability is increasingly critical, Environmental, Social, and Governance (ESG) has emerged as a vital component of the accounting profession—described as the "fourth leg" of the accounting stool, alongside tax, audit, and consulting. ESG integrates sustainability metrics with financial data, offering a holistic view of an organization’s health and strategic opportunities.

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ESG is about measuring and quantifying sustainability-related data and aligning it with financial metrics,” explains Jennifer Harrity, ESG and sustainability director for Sensiba. “This approach not only provides a clearer picture of an organization’s health but also identifies strategic opportunities for growth.”

Organizations adopting ESG practices are reaping measurable benefits, including enhanced operational efficiency, risk mitigation, and improved market appeal. Harrity notes that initiatives such as carbon footprinting and B Corp certification lead to significant outcomes, including cost savings, revenue growth, and stronger brand reputations.

“ESG is no longer just about doing good for the planet; it makes solid business sense,” says Harrity. “Clients want to save money, attract top talent, and meet the demands of conscious consumers and investors.”