10.07.2015 Views

CSO BACK STORY - Weinreb Group

CSO BACK STORY - Weinreb Group

CSO BACK STORY - Weinreb Group

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Corporate Governance And Strategy:Where Does The <strong>CSO</strong> Fit?A Seat at the ExecutiveTableA necessary precursor to leadingcompany-wide cultural change istrue commitment from the top. Whilethe role of a Chief SustainabilityOfficer has continued to evolve, LindaFisher’s appointment in 2004 set offset off a consistent promotion of thesustainability profession as a whole. Inrole and responsibilities for sustainabilityexecutives as shown in the chart below.987654321Number of <strong>CSO</strong>’sAppointed By Year0 2004 2006 2007 2008 2009 20102011‘H1Companies have had environmentalmanagers and compliance officers doinga variety of functions for a long time, butnow, due to several colluding factorsand an urgency in the marketplace,sustainability is finally rising to the topechelon of leadership.With these C-suite executives all reportingone to two steps away from the CEO,their executive powers today are on parwith the other functional heads of theorganization, i.e., finance, technology,information and operation, indicating thatsustainability as a business imperativeis finally becoming an integral part oforganizational strategy. By investingin and appointing executive-levelsustainability chiefs, these companiesare committing themselves to pursuing along term sustainability strategy.Succession Planning: The<strong>CSO</strong> is Here to StaySuccession planning is a significantexercise for members of the C-suite toensure that these main functional areasare never without an executive in charge.Succession planning signifies the criticalnature of these roles, and in recent yearsit has become an imperative to maintaina trained line of executives who cantake on the leadership role as and whenneeded.This research reveals that the officeof the <strong>CSO</strong> is not much different.With the relatively recent arrival of thesustainability chief to the C-suite, ourresearch identified only one successionstory. That of Diane Holdorf at Kellogg.Holdorf, formerly VP of EnvironmentalStewardship, succeeded Celeste Clarkwho is set to retire later this year.When succession planning becomes derigueur for the <strong>CSO</strong>, sustainability hastruly become a company priority.Sustainability is finallyrising to the topechelon of leadership.<strong>CSO</strong> Back Story13 <strong>Weinreb</strong> <strong>Group</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!