Chief sustainability officer

Source: Wikipedia, the free encyclopedia.

The chief sustainability officer, sometimes known by other titles, is the

external stakeholders.[1]
Normally these responsibilities rest with the facility manager, who has provided cost effective resource and environmental control as part of the basic services necessary for the company to function. However, as sustainability initiatives have expanded beyond the facility — so has the importance of the position to what is now a C-level executive role. The position of CSO has not been standardized across industries and individual companies which leads it to take on differing roles depending on the organization.  The position has also been challenged as symbolic, in that it does not actually have the effect of increasing sustainable practices.

As of 2018, 44 CSOs were identified at largest companies in the world, with most having the rank of vice president or higher, and according to the Weinreb Group 45% of CSOs are women and 55% men as of 2018. A 2011 study[2] found that the majority of top corporate sustainability executives are two degrees removed from their CEO in the corporate hierarchy, meaning that their boss reports to the CEO.

Responsibilities

Chief sustainability officers are responsible for an organization's objectives and initiatives relating to sustainability.[3]  Sustainability is defined by the United Nations as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”[4]

The intent of the CSO position, as a member of the

bottom line impact.[7]  In struggling companies, the appointment of a CSO is shown to increase revenue growth.[8] In addition to setting sustainability strategy, the CSO monitors current initiatives.[7]

CSO's are also often responsible for:

Decision making

The CSO position is used to inform long-term decision making.[10]  In Europe, the position is a forward-thinking one that interacts mostly with the big picture by incorporating and monitoring mid- to long-term sustainable objectives.[10]  In Scandinavia, companies are more likely than American companies to have a position dedicated to sustainability in their senior management.[11] The top three firms on Corporate Knights' The Global 100 index of the world's most sustainable corporations–Ørsted A/S, Chr. Hansen Holding A/S, and Neste Oyj–are all Scandinavian.[12]

Challenges

Standardization

The utility of the position of CSO has been questioned.[4]  Across industries and companies, there is no widely used standard and therefore the impact of a CSO can differ from company to company.[4]  Larger companies are more likely to be able to take advantage of economies of scale to implement economical sustainability changes.[4]

Symbolic nature

The position of CSO has been attacked as being symbolic and not making a concrete difference in organizations that employ the position.[13]  Studies have shown a correlation between pollution and the presence of a CSO in companies in high pollution industries, directly contradicting the stated purpose of a CSO.[13] When an organization has outside pressures such as regulation, it is much more likely to engage in a higher degree of sustainable behavior.[13] It has also been shown that often in large companies a CSO has a larger impact on decreasing environment-related corporate social irresponsibility (CSiR) than it does on increasing corporate social responsibility (CSR).[14]

Universities

Some universities in the US have appointed Chief Sustainability Officers or Sustainability Directors. The Pennsylvania State University was the first to appoint a CSO responsible for integrating sustainability in curriculum, research, operations, student engagement and community outreach. [15]


Related positions

The nomenclature of the position of CSO is not standardized across companies.

c-suite level.[11]

Some alternate titles referring to the person in charge of sustainability are:

  • Director of Sustainability
  • Environmental policy manager
  • Director of environment, energy, & safety
  • Director of social & environmental responsibility
  • Chief officer of environment
  • Social &
    environmental sustainability
    manager
  • Chief of environmental health and safety
  • Certified sustainability administrator

See also

References

  1. ^ Lianne R. Gourji (January–February 2008). "Adding Sustainability to the C-Suite". Corporate Board Member. Archived from the original on 2008-08-28.
  2. ^ Schatsky, David. "Annual Sustainability Executive Survey, 2012". Green Research. Archived from the original on 23 March 2012. Retrieved 11 March 2012.
  3. ^ Gerdeman, Dina (October 8, 2014). "What Do Chief Sustainability Officers Do?". Forbes. Retrieved November 15, 2020.
  4. ^ a b c d Kiron, David (July 1, 2017). "Corporate Sustainability at a Crossroads". MIT Sloan Management Review. 58: 11–21 – via Proquest.
  5. S2CID 158813946
    .
  6. ^ Groysberg, Boris (March 2011). "The New Path To the C-Suite". Harvard Business Review. Retrieved December 5, 2020.
  7. ^ a b World Business Council for Sustainable Development (December 2018). "Defining the role of Chief Sustainability Officers (CSOs)" (PDF). EXCEL Q3 Spotlight. Retrieved November 15, 2020. {{cite web}}: |last= has generic name (help)
  8. ^ Cavazos, Garza (May 1, 2015). "Hiring a Sustainability Officer Can Save a Sinking Ship: Financial Statement Evidence". Journal of Asia Entrepreneurship and Sustainability. 11: 3 – via Proquest.
  9. ^ Gerdeman, Dina (October 8, 2014). "What Do Chief Sustainability Officers Do?". Forbes. Retrieved November 3, 2020.
  10. ^
    S2CID 154128934
    .
  11. ^ .
  12. ^ "2020 Global 100 ranking". Corporate Knights. 2020-01-21. Retrieved 2020-12-12.
  13. ^
    S2CID 157727369
    .
  14. .
  15. ^ "Shrivastava named top sustainability officer, Sustainability Institute director". June 2017.

Further reading

External links