Market Research Report
Sustainability - Thematic Research
|Published by||GlobalData||Product code||923923|
|Published||Content info||41 Pages
Delivery time: 1-2 business days
|Sustainability - Thematic Research|
|Published: January 17, 2020||Content info: 41 Pages||
Sustainability used to be just about saving the planet. Today it has morphed into an umbrella term for environmental, social, and governance (ESG) issues.
While some companies are making concerted efforts to improve their ESG performance across many areas, others are simply paying lip service to the concept of sustainable profits.
Momentum is on the side of the sustainability movement. Citizens, governments, regulators, and the media are turning the spotlight on corporations and demanding action. Social inequality, corruption, tax avoidance, and a lack of action on climate change are all issues that companies must now address head-on, in full public view.
The reluctance of many CEOs to fully engage with sustainability can be attributed to the age-old view that it will hurt profits. However, the evidence in this report suggests the opposite. Companies that embrace all three elements of sustainability will outperform their peers. CEOs that are too slow to improve their company's approach to sustainability will see an exodus of customers and a drop in profits far sooner than they ever imagined.