Why CFOs should embrace geopolitics and sustainability in strategy

In this episode, Brian Tomlinson, Managing Director, ESG, Financial Accounting Advisory Services, Ernst & Young LLP, speaks with Aniket Shah, Managing Director and Global Head of the Sustainability and Transition Strategy team at Jefferies. They discuss how finance leaders can navigate the growing complexity of environmental, social and governance (ESG) as it becomes increasingly integrated into strategic decision-making. Aniket explains how ESG has evolved beyond just disclosure to encompass investor expectations, business resilience and regulatory pressures. He highlights the importance of materiality, urging CFOs to focus on ESG factors that align closely with their sector, strategy and value drivers. The conversation delves into how public policy developments are influencing ESG implementation in real time, requiring finance leaders to balance long-term vision with short-term catalysts. They also explore the role of CFOs in integrating ESG into capital allocation, regulatory alignment and strategic planning, as well as how evolving stakeholder expectations are influencing decision-making. © 2025 Ernst & Young Global Limited