IN THE NEWS
Our Chief Financial Officer Francoise Merit spoke at The Australian Financial Review’s AFR CFO Live Summit yesterday and was quoted in today’s news offering her insights into the transformational role of CFOs in shaping businesses’ delivery of sustainability and net zero.
Joined by Garrick Rollason, Brendan Hargreaves and Anita O'Brien moderated by Ben Potter, Francoise shared how Endeavour Energy is delivering value for both customers and investors through investing in ESG and net zero .
“Sustainability and cutting carbon emissions are key financial decisions. It is becoming a non-negotiable to have a sustainability strategy with targets and to demonstrate the whole businesses is committed to this path,” Francoise said. “It will naturally evolve to become part of how we do business, and how the regulator assists businesses.”
Talking about carbon pricing, Francoise commented that it’s important to agree on how carbon is priced and accounted for, for it to be standardised as a commodity and used to judge investments.
“We don’t have a price for carbon in Australia. In Europe, their way of addressing the price of carbon is, again, different. I hope it will soon be possible to internationally price and trade carbon to assess investments.”
Thank you The Australian Financial Review and Ben Potter for hosting this important discussion about how businesses are cutting through complex challenges to set themselves to deliver sustainable growth and a brighter future for customers and communities.
Read the story here.
Joined by Garrick Rollason, Brendan Hargreaves and Anita O'Brien moderated by Ben Potter, Francoise shared how Endeavour Energy is delivering value for both customers and investors through investing in ESG and net zero .
“Sustainability and cutting carbon emissions are key financial decisions. It is becoming a non-negotiable to have a sustainability strategy with targets and to demonstrate the whole businesses is committed to this path,” Francoise said. “It will naturally evolve to become part of how we do business, and how the regulator assists businesses.”
Talking about carbon pricing, Francoise commented that it’s important to agree on how carbon is priced and accounted for, for it to be standardised as a commodity and used to judge investments.
“We don’t have a price for carbon in Australia. In Europe, their way of addressing the price of carbon is, again, different. I hope it will soon be possible to internationally price and trade carbon to assess investments.”
Thank you The Australian Financial Review and Ben Potter for hosting this important discussion about how businesses are cutting through complex challenges to set themselves to deliver sustainable growth and a brighter future for customers and communities.
Read the story here.
Published on Nov 29th 2023