CFOs Respond to the Call for Greater Private Sector Investment in Climate Action at COP28

"Companies like ours with a global reach, has a big opportunity and responsibility to show leadership and drive collaboration towards positive change. Change both in terms of transformation of industries, business models as well as financial strategies and solutions ensuring that sustainability is incorporated all the way from vision, goals, resource allocation to reporting. I am looking forward to be part of this group to learn, get inspired and share experiences."

“Vena Energy is honoured to be one of the first companies in Asia to represent the CFO Taskforce promoted by the UN Global Compact. We are excited to contribute to a dialogue which aims to accelerate sustainable development through the wider availability of SDG investments. This is in alignment with our corporate mission to improve Asia’s access to clean energy while balancing the environmental and social impact of development. We look forward to connecting with and gaining a variety of perspectives from our business peers that are equally committed to the UN’s Sustainable Development Goals and elevating the visibility of sustainable investments across Asia and globally.”

“Sustainable financing of projects is the key element for the fulfillment of the SDGs. With the sustainable financing of our projects and activities, we create a future for citizens"

“As a leader in the food sector in Mexico, we are committed to the United Nations 2030 agenda. Our focus is to ensure the preservation of essential resources thus maintaining a solid business base. As part of the CFO Coalition for the SDG’s we have a unique opportunity to tie sustainability growth with financial success in the Latin American region. Being the first Latin American woman to join this group, I am motivated to drive change using a fresh gender perspective and serve as an example for more women to join.”

“We believe the CFO Principles for Integrated SDG Investments and Finance will have a crucial role in supporting companies across various industries and countries in their transition to sustainable development and effectively contribute to the SDGs. The effort of every single business will be key to address the global climate challenge and also make progresses in both the social and governance dimensions. At Snam we are committed to implementing these principles and share knowledge in order to facilitate the creation of a transparent market for corporate SDG investments and finance, and invite other CFOs and their companies to join us in this purpose”

“Our world faces multiple and interlinked challenges — from climate change to food and water insecurity, from global health to regional conflict. The CFO Coalition recognizes that the Sustainable Development Goals represent not just a blueprint for humanity, but also a business blueprint. Indeed, if grounded in core sustainability principles, private investment and finance can be a force for good in societal, planetary, and economic terms. This is our mandate — and our vision.”

“Schlumberger supports the United Nations Sustainable Development Goals by using them as a key framework to prioritize our sustainability initiatives at both a corporate and local level. Our finance strategy—in line with our corporate vision of driving high performance sustainably—focuses on creating stakeholder value while respecting the planet and the communities where we work and live. We are honored to join the UN Global Compact CFO Taskforce to further drive change through deeply-rooted accountability and corporate governance.”

“I’m honored to join the CFO Taskforce. With less than 10 years remaining to achieve the UN’s Sustainable Development Goals, Holcim is committed to accelerating its impact across the 17 Sustainable Development Goals as part of its sustainability ambitions. The principles endorsed by the taskforce will help align corporate finance actions with the Sustainable Development Goals, and fulfill our own purpose of building progress for people and the planet.”

"I am delighted to be a part of the United Nations Global Compact CFO taskforce, where we will be able to combine our unique contributions and learnings to promote global sustainable economic development. At Absa Bank Kenya, sustainability is at the core of our bank operations and relationships with our stakeholders. As a steward of financial projects, resources and expertise, I am both excited and challenged to foster a sustainable financial culture in our people, propositions as well engagements with stakeholders, society and communities in which we serve. This is not only the right thing to do, but it is also a responsible business decision for a sustainable society."

"Corporate ambition and commitments must be supported by strategic deployment of capital towards activities that are aligned with the UN SDGs. CDL is honoured to be a member of the CFO Taskforce for the SDGs, alongside other leading companies that share the same hope for a more sustainable future. Complementing CDL’s long standing commitment to our ethos of ‘conserving as we construct’ since 1995, we pledged support to the UNGC Ten Principles since 2005. The CFO Principles on Integrated SDG Investments and Finance are in line with CDL’s Growth, Enhancement, and Transformation (GET) business strategy. Joining this taskforce is a key milestone in CDL’s sustainability journey and I look forward to supporting the Taskforce in the global transformation of corporate and sustainable finance."

"The CFO Taskforce represents a concrete step forward in Crafting a new concept of finance which will effectively contribute to achieving the Sustainable Development Goals (SDGs) set by the UN 2030 Agenda. Sustainability is at the core of the Leonardo’s10-years Plan Be tomorrow 2030 and is fully integrated into the Company’s business strategy and processes. Thanks to the commitment of the Taskforce and the signature of the CFO Principles for Integrated SDG Investment and Finance, Leonardo will contribute to the creation of a sustainable financial model for the prosperity of companies and communities."

"ASYAD’s ambition is to become a top 10 global Integrated Logistics Provider. Being a major Omani GRE, Oman’s 2040 vision is deeply rooted in our ambition and our role as an end-to-end supply chain solutions provider. ASYAD is committed to play a major role in Oman’s energy transition journey through its transportation solutions, ports infrastructure, and Freezone and Logistics parks. With global economies grappling the need to combat climate change and transition to a net-zero economy, the UN Global Compact’s CFO Collation plays a vital role in facilitating the emergence of CFOs as Chief Value Officer (CVO’s) demonstrating their strategic value and providing critical insights that contribute to the organization’s overall transition plan."

“Chief Financial Officers across the world have a very critical role in the journey to create a more inclusive society and a sustainable planet. The UNGC CFO Taskforce for the SDGs has been doing seminal work in integrating the principles of the SDGs into corporate investments and finance, and I am delighted to join the Taskforce and hope to contribute meaningfully in this journey.”

"I am honoured to join the CFO-Taskforce in this challenge to reshape the future of corporate finance and investment towards sustainable development. Klabin aims to contribute to the development of a sustainable economy, prioritizing the planet's prosperity and generating value for investors, employees and business partners. The company is well positioned to contribute towards promoting and developing new business perspectives able to drive conservation, economic development and sustainable communities. We believe that CFO-Taskforce brings the necessary elements to accelerate this transformation and also the achievement of global goals through impact actions that generate progress in the ESG dimensions."

"Autostrade per l'Italia, as a leading operator for sustainable mobility, has chosen to place sustainability in all its dimensions as a key factor for long-term value creation for all stakeholders. Participation in the CFO coalition reflects the integration of sustainability in all aspects of the company's business and Autostrade's determination to promote its values in all areas in which the company operates."

“Jacobs is proud to be a founding member of the CFO Coalition for the SDGs, which enables us to help reshape the future of corporate finance and investment as a catalyst for long-term value creation and positive impact. As a global company with a deep focus on innovative technology and sustainable solutions, participation in this group aligns with our values and sustainable business approach, PlanBeyond – which is anchored in the SDGs, our strategic commitment to climate response and ESG, and our purpose of creating a more connected, sustainable world.”

I am honored to join the UN Global Compact CFO Coalition for the SDGs, where we work alongside companies that have the same commitment to build a sustainable future, with our expertise in finance. Sabancı Holding, as a driver of positive change, acts with Sustainability Principles in every possible dimension of business, from finance to strategy and operations, our portfolio keeps on transforming. Joining the CFO Coalition, once again underlines our common ground to create value beyond a merely risk-focused approach in sustainability, nationally and globally.

“CFOs play a leading role in establishing clear indications and setting best practices for making corporate finance and investments a real driver of social growth. As members of the CFO Taskforce, we are all committed to working at the service of a new stakeholder capitalism, creating sustainable value for people and the planet. The UN Global Compact CFO Principles for Integrated SDG Investments and Finance represent a solid first step to guide companies in the adoption of credible finance strategies that fully integrate sustainability towards the achievement of SDGs.”

In 2021 Summit announced a revised statement of mission, vision and values. One of the four pillars of the Elevate Summit strategy was to become “the most socially responsible integrated construction materials solution provider”. We are weaving social responsibility into everything we do and we are committed to setting targets that are aligned with the UN’s SDG’s. Summit is honored to be a member of the CFO Taskforce for the SDG’s working alongside other likeminded companies that share the same commitment to a more sustainable future. I am looking forward to actively participating in the Taskforce, learning from and collaborating with peers to help shape the future of sustainable investment.

"Global Impact Initiative is delighted to be part of the UN Global Compact CFO Taskforce. We all know that there is no shortage of money in the world – the challenge is ensuring it is deployed effectively. The Taskforce’s aim of mobilising capital for profit with purpose is long overdue and a much-needed task. The alignment of investments and capital with social impact measurement aligned to the UN SDG’s is a game-changer and has the potential to move billions of dollars in line with our values and goals for a better world. "

"The architecture of humanity’s future on this planet we call home, depends on our collaborative abilities in harnessing and deploying essential investment to address the funding gaps that to-date, have inhibited the necessary transformation of businesses on a global-scale, oriented towards the achievement of the Sustainable Development Goals (SDGs). Innovative financial solutions are imperative for the quintessential systematic transformation necessary to ensure a brighter and healthier future for generations to come. I am proud to be a founding member of the CFO-Taskforce, as with the culmination of our experience and expertise, we shall confidently achieve the necessary impact of our unified effort. "

"Our Corporate strategy within the Tevalcor Group is to develop sustainable solutions, aligning ourselves with the Sustainable Development Goals (SDG) of the United Nations, to solve the environmental and social challenges of our society. Belonging to the UNG CFO Working Group is a great opportunity to be part of the change and bet on future investments that help the transformation towards a Sustainable economy. Innovative financial solutions are imperative for the quintessential systematic transformation necessary to ensure a brighter and healthier future for generations to come"

“At the Inter-American Development Bank, we are proud to be the first multilateral development bank on the CFO Taskforce for the Sustainable Development Goals and are eager to support its work to inspire private sector action for the Sustainable Development Goals. The CFO Principles on Integrated SDG Investments and Finance, and the support they have received from the Taskforce's diverse, relevant group of member companies, send a clear signal that the private sector is committed to advancing the 2030 Agenda."

"Terna is proud to take part in the CFO Taskforce for the SDGs, which represents a significant global effort to promote sustainable corporate finance and scalable investments in pursuit of the UN Sustainable Development Goals. The CFO Principles for Integrated SDG Investments and Finance enhance the common view of companies engaged in sustainable finance and support the development of a sustainable finance market. Terna’s commitment for the implementation of the CFO Principles is rooted in its strategy, aimed at combining sustainability and growth by enabling and playing a major role in the current energy transition, thus generating great benefits for Italy and all the stakeholders."

"Partnership for the goals is paramount to effectively contribute to the SDGs, while transitioning towards an healthy stakeholder capitalism. As proud member of the CFO Coalition we join forces, vision and commitment with like-minded peers and strongly encourage the adoption of the CFOs Principles on Integrated SDG Investments and Finance as a sound enabler of convergence between corporate sustainable innovation and financial flows."

“Livent’s lithium technologies are a key part of the electric vehicle supply chain and help enable the transition to a low carbon future. Our commitment to advancing a cleaner, healthier and more sustainable world is fully integrated in all aspects of our operations and investment decisions. Livent’s participation in the UN Global Compact and the CFO Taskforce reflects our belief that we have a fundamental obligation to use our capabilities, resources and sphere of influence to power progress for the benefit of all our stakeholders, including the communities in which we live and operate.“

"It is becoming increasingly clear that environmental and social aspects are to be considered as an integral part of business strategy if we want to ensure the long term viability of our activities. Beyond individual efforts in this sense, the SDGs give us a unique opportunity to find a common agenda to tackle these issues at a global scale. Financial markets have a crucial role to play in stepping up availability of fuel for this agenda. Sound extra-financial reporting and financial decision-making processes that integrate sustainability aspects are both key components of this equation as well as influencing financial flows to reach the places where they are most needed to trigger the change. I am proud to be part of this TaskForce and join forces with like-minded CFOs to take-up the challenge and co-create financial solutions that will enable this transformation."

"I am proud to be a member of the CFO Coalition for SDGs, a vital platform committed to shaping the future of corporate finance for sustainable development. At Koç Holding, our diverse group of companies has significant reach and influence operating in crucial sectors such as energy, automotive, consumer durables, and finance. As we embark on a journey towards a low-carbon future, finance plays a pivotal role not only within its own sector but also in catalyzing the transformation of other industries. Without finance sector's strong commitment to sustainable development, the transformative potential of other industries would not be attainable."

"Not only does low-cost, emission-free energy in the form of advanced nuclear power plant technology address the rudiments of SDGs #7 and #13, it is also inescapably linked to SDGs #1, 2, 3, 4, 8, 9, 10, 11, 15. Fully eleven of the seventeen SDGs have been proven to be enabled by low-cost, emission-free, energy-dense, electricity and heat generation. Terrestrial Energy’s singular ambition is to deploy as much capacity as possible, as quickly as possible, to every corner of the globe. As Chief Financial Officer, I, along with my colleagues, face the overwhelming task of capitalizing this ambition, in the face of a near-total information gap respecting our technologies. And we must do so sustainably and equitably. The successful achievement of our ambitions will surely enable the dramatic ascent of human flourishing associated with energy transitions historically, particularly in places where low-cost, emission-free energy is not yet accessible. I am grateful to learn best practices from my colleagues in industry who I now join on the CFO Task Force, and I am pleased to share our story of how Terrestrial Energy seeks to realize its ambition for a just energy transition globally."

"Woolworths Holdings has long been committed to ethical and sustainable business practice. Our support for the principles of the United Nations Global Compact is reflective of this approach. As is the alignment of our corporate sustainability goals with the SDGs. Joining the United Nations Global Compact CFO Taskforce is an honour for me personally, and I look forward to engaging with my peers on the essential task of mobilising finance towards the achievement of the SDGs."

“LADOL is a sustainable industrial special economic zone operating in Lagos, Nigeria. The Zone was developed out of a disused swamp in 2006 and built up into a logistics base and shipyard. LADOL is currently expanding to service a wide range of industries from agriculture to mini-solar grid companies. Adhering to the UN’s 17 SDG’s is built into LADOL’s DNA, i.e. all the companies’ policies, procedures and work instructions. The UN Global Compact and the Chief Financial Officers Taskforce is therefore a natural fit for our company. This is a group where we can share global best practice and encourage others to change their business models to be in line with achieving the 17 SDGs, not just because it’s the right thing to do socially but more importantly because it’s the right thing to do financially. CFO’s should be at the forefront of driving sustainable ventures and solutions as the most profitable and the least risky way to do business.”

Accuracy is proud to be a part of the CFO Coalition, demonstrating our commitment to sustainability through our expertise in strategy and finance. Our approach integrates this expertise across all aspects of our operations, enabling us to address today's societal challenges effectively and support initiatives aligned with SDGs. As a member of the taskforce, our goal is to shape the future of sustainable finance. We aim to actively engage and empower companies and business leaders by leveraging our strategic and financial acumen to align with their sustainability objectives. By using our skills, resources and influence, we will drive a positive and lasting impact for the benefit of all stakeholders and for future generations.

"Joining the UN Global Compact is a natural fit for Workiva and our years of experience solving complex business problems for the world’s largest organizations. I look forward to working alongside my fellow global CFOs, making sense of the complex ESG ecosystem and achieving greater transparency and accountability."

"At the core of all our decisions at Arçelik is a deep commitment to sustainability. Much like many other businesses, our targets have been aligned with the UN’s Sustainable Development Goals (SDGs) which drive our actions towards helping to solve today’s environmental and social challenges. CFOs hold great responsibility in ensuring that sustainability and purpose-driven business is built deep into strategy. From financial frameworks to investment decisions, we play a huge role in instigating long-term positive change. Joining the UNGC CFO Taskforce is a great opportunity for members of the group to share ideas, inspire change and collaboratively build value for a greater future.”

“As a leading Italian Utility Edison has a key role to play in the European Energy transition. We anchor this across tree pillars: development of new renewable and low-carbon generation capacities, supporting our customers in achieving competitiveness & environmental sustainability and enabling energy transition through gradual usage of greener gases while maintaining security of supply. The whole Edison Finance team stands behind these targets and ensures that our performance is measured both from a financial standpoint and through our ability to meet our public sustainability goals. Joining the CFO taskforce of the UN Global Compact only confirms our unwavering determination.”

“The transformation towards a sustainable economy is a global challenge. The speed of this transformation is crucial. It depends on the broad mobilisation of all available resources. This is precisely where the UN Global Compact CFO Task Force for the Sustainable Development Goals comes in. With its principles, it defines a clear framework and sets ambitious goals. We at RWE strongly support this. As one of the world’s leading companies for renewable energies, we are fully committed to driving the decarbonisation of the energy sector. About 90% of RWE’s capital expenditure meets the taxonomy criteria for environmentally sustainable investments proposed by the EU Commission. Our multi-billion euro investments in renewable technologies are the key to achieving our goal of being climate neutral by 2040. The Science Based Targets initiative has confirmed that RWE’s emissions reduction targets are in line with the Paris Agreement.”

"As a multinational beverage company operating across 10 countries, we strive to create sustainable value in every step of our value chain. As a responsible corporate citizen, we feel responsibility to conduct our business in a more sustainable way, both operationally and financially. CFO Taskforce is setting norms for a sustainable world as well as implementing sustainability practices into finance through various initiatives. We are proud to be a part of this invaluable initiative led by United Nations Global Compact. I look forward to collaborate with my peers to learn and share experiences in this journey."

"As strategic decision makers on corporate finance, CFOs play a pivotal role in ensuring that companies’ financial strategies and investments are a catalyst for growth, value creation, and social impact. At Maxeon, we are proud to be one of the first companies in Asia to join the CFO Coalition for the Sustainable Development Goals and to help supporting other companies as they transition towards sustainable development and leveraging corporate investments to achieving the SDGs. I am eager to share what we have learnt so far through Maxeon’s ESG-journey, and why we believe Finance is playing such a vital role in the achievement of our 2030 long-term ESG goals. Thanks to the CFO Coalition for the SDGs, I also embrace the opportunity to learn from other inspiring leaders as we collectively work to promote actions for global sustainable economic development and drive a real and tangible transformation."

"Our ambition is to become a major player in the energy transition, engaged towards getting to Net Zero by 2050, together with society. TotalEnergies places sustainable development in all its dimensions at the heart of its strategy, projects and operations to contribute to people’s well-being and aims to be a benchmark for endorsement of the United Nations’ Sustainable Development Goals. TotalEnergies’ commitment to the SDGs has four dimensions: Climate and sustainable energy, People’s well-being, Care for the environment and Creating shared value. The company creates and drives positive change for communities in its host territories and, more broadly, for its employees, suppliers, customers, partners, states and civil society. We are honored to join the CFO Coalition as Finance plays an increasingly central role in this journey, be it on financing, capital allocation or performance management."

“Beontag is deeply committed to measuring impact and defining ambitious goals towards the 2030 Agenda. Responsible investment is a central part of our strategy as it is essential to leverage the achievement of the Sustainable Development Goals. I am honored to be a member of the CFO Taskforce for the SDGs and contribute to the collective debate on how companies can engage with sustainability from a financial and investment perspective. I am eager to learn from my peers and to support the development and implementation of UN-backed frameworks such as the impressive CFO Principles.”

I am proud to join the CFO Taskforce as am I am convinced that we need to promote a world where business, finance, and society are aligned for shared prosperity. At Capgemini, as a technology services leader we can be a key enabler to drive positive change notably by supporting our clients in their sustainable transformation.

"It’s with great pleasure that today EDP joins the UN CFO Taskforce for the SDG. We are committed to be carbon neutral by 2030, with 100% of our business in the energy transition and an active contributor to the SDG. We will actively participate in this Taskforce and contribute to the construction of solutions that foster capital allocation to SDGs investments."

"Climate change is perhaps the biggest challenge of our times, affecting lives and disrupting national economies. Only by bringing together all stakeholders to align our strategies, support the required investments, and measure progress through standardized periodic reporting will we be able to overcome this challenge. At CEMEX, we share the beliefs encompassed in the CFO Principles and are honored to join the UN Global Compact CFO Taskforce through which we will actively contribute to the innovation of corporate finance that will enable the building of a more resilient future for all."

“As the world’s leading brewer, with a global footprint and a focus on local communities and value chains, we are building a company to last – brewing beers that will continue to bring people together for the next 100 years and beyond. As part of the Taskforce, I am eager to share what we have learned through AB InBev’s sustainability journey as well as our approach to target-setting and measurement. And I embrace the opportunity to learn from my peers and partners as we work to speed up the recovery and achieve the UN Sustainable Development Goals.”