Jan 31, 2022
Kristen B. Sullivan is a partner with Deloitte & Touche LLP and leads Sustainability and ESG Services, working with clients to help address their sustainability and non-financial disclosure strategy needs. Kristen also serves as the Deloitte Touche Tohmatsu Limited’s Global Audit & Assurance Climate and Sustainability Services Leader and the Integrated Reporting Community of Practice Leader. Kristen brings extensive experience in delivering sustainability risk assessment, governance, strategy alignment, measurement, reporting, and assurance services. Given the growing market emphasis on the importance of ESG standards and frameworks, Kristen serves as a member of the Global Reporting Initiative (GRI) Community, the Sustainability Accounting Standards Board (SASB) Assurance Task Force, the Sustainable Stock Exchange (SSE) Initiative Corporate Working Group, and as Chair of the AICPA Sustainability Task Force. She previously served on the International Integrated Reporting Council (IIRC) Working Group.
Kristen has authored a number of publications around the value of sustainability and ESG disclosure and assurance. She was #10 on the 2020 Top 100 Corporate Social Responsibility Influence Leaders list.
Kristen has more than 25 years of experience with Deloitte, beginning her career in Deloitte’s Audit and Advisory Services, working in Deloitte’s National Office in several capacities, and working with the deputy CEO of Deloitte LLP focused on regulatory and public policy matters. Kristen is a CPA (CT, MO) and CGMA and earned SASB’s Fundamentals of Sustainability Accounting (FSA) Credential. Kristen completed the Berkeley Law Executive Education Certification: ESG: Navigating the Board’s Role.
Kristen also serves as a member of the Eureka College Board of Trustees and the Financial Women’s Association. Kristen lives in Greenwich, CT, with her three year old daughter.
Kristen Joins Sustainable Nation to Discuss:
- The role of assurance professionals in ESG
- The future of comparability of data across the industry - a building blocks approach
- The shift in approach to ESG toward integration
- Where we are in transformational change in business
- Advice and recommendations for sustainability professionals
Kristen's Final Five Questions Responses
What is one piece of advice you would give other
sustainability professionals that might help them in their
careers?
I love this question. As I reflect on my journey and the fact that
I didn't come to this space with an expertise or an ESG education,
I always encourage professionals no matter where they are in their
career to really look at, in a traditional corporate context as an
example, where is that discipline that you align with? For me it
was accounting. Whether it's marketing or operations, finance or
legal, complementing a traditional discipline within an
organization to really bring that depth and a perspective of the
way ESG or sustainability overlays to bring a differentiated
perspective to that discipline. We've seen that this “ESG expert”
doesn't really exist per se, because we know that ESG performance
and priority areas are so broad and diverse. So, bringing that
perspective to an existing discipline within an organization is
that tool, that effective way to help an organization drive
integration within all parts of the business.
What are you most excited about right now in the world of
sustainability?
The momentum, the energy, the passion that we're seeing by not the
usual suspects in the market. For those of us who have been working
in this space for a long time, the commitment and energy that we're
seeing from within organizations. It's not just the sustainability
team; it's the finance teams, operations, the supply chain, the
talent teams that are all really engaging and driving this
momentum. And then naturally, it's a reflection of where the market
is headed more broadly, but I would say very simply that the
momentum and the recognition that ESG is not a fading movement;
it's really here to stay and it's going to become increasingly
central to companies. It’s the license to operate and the license
to grow.
What is one book you'd recommend sustainability
professionals read?
It's hard to choose, but the first is Accountable: The Rise of
Citizen Capitalism. It's a great book that came out not too
long ago. Michael O'Leary creates and provides some practical
examples of the way that the capital markets are evolving and the
way in which ESG is so central to strategy. I've also always been a
fan of John Mackey. Conscious Capitalism and Conscious
Leadership are two of his books that provide great perspective
and examples for those participating in this space at different
levels of maturity.
What are some of your favorite resources or tools that
really help you in your work?
This will likely come as no surprise. While it's not super sexy,
looking to the developments in the whole standards landscape. The
largely voluntary standards today - standards and frameworks -
there's a tremendous amount of guidance and practical tools that
are provided for public use that really help translate these
concepts into actionable business priorities, and really help guide
companies along this journey toward preparedness for greater
scrutiny. The work that that we do is naturally grounded in
standards, and the value of a number of these resources is somewhat
underplayed given that there's a wealth of accessible information
out there.
Where can our listeners go to learn more about you and the
work being done at Deloitte?
Visit our website,
deloitte.com. We have information about our sustainability ESG
services, our thought leadership, and the way in which we engage as
a professional services firm. Follow me on LinkedIn and Twitter and
search #deloitteESGnow. I'm very active in sharing our thought
leadership, our perspectives, and the role that we feel is so
critical that we play in contributing to this market momentum and
ultimately our public interest role.