Post by account_disabled on Feb 20, 2024 5:31:27 GMT
Although more and more organizations recognize that sustainability is an investment and not an expense, as a large number of companies have even announced net zero emissions commitments, there is still a gap between long-term ambition and concrete short-term actions. term.
According to Capgemini Research Institute's new report : A World in Balance: Why Sustainability Ambition Doesn't Translate into Action , the business case for implementing sustainability is still largely underestimated or misunderstood. Since only 21% of the executives surveyed consider that the actions to achieve it are clear.
Sustainability is investment and not spending
The word sustainability was originally used by the United Nations (UN) in a document on sustainable development, published in 1987, to refer to meeting the needs of the present without compromising the needs of future generations.
The concept of sustainability, although it seems like a novel idea, has its roots in social justice, conservationism and other international ideals that have permeated in favor of improving the reality of the planet.
But to understand whether companies are taking seriously enough the urgent mandate of environmental sustainability, which refers more specifically to the conservation and responsible use of natural resources, and to evaluate their progress over the years, the Institute Capgemini Research conducted the first edition of a global research study of business leaders.
The survey of 2,004 executives from 668 large Chile Mobile Number List organizations—with annual revenues of $1 billion—in Australia, Canada, France, Germany, India, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom and the US. US, working in key industries such as aerospace, automotive, consumer products and retail, energy, financial services, healthcare and life sciences, industrial manufacturing, telecommunications, utilities and the public sector, revealed that there is gap between climate ambition and concrete action to carry it out.
looking for responsible leaders with the environment
Failures in the sustainability strategy
According to the findings, although the sustainability vision is being integrated into redesigned business strategies and almost 64% of executive leaders say they contemplate it in their business strategy, less than half of leaders (49%) have a defined list of initiatives to achieve its objectives in the next three years.
While just over a third of respondents (37%) indicate that their company is redesigning its operating model in line with sustainability. The above reveals that the level of investment in sustainability initiatives for companies with more than 20 billion dollars in revenue is only 0.41% of total revenue on average.
The report also revealed that many organizations lack a collective vision and coordination around sustainability efforts across their operations, and diverse teams are still working in silos.
For example, only 43% of respondents say sustainability-related data is available and shared across the organization, and less than half (47%) of companies are actively recruiting new talent with strong sustainability skills. .
According to Capgemini Research Institute's new report : A World in Balance: Why Sustainability Ambition Doesn't Translate into Action , the business case for implementing sustainability is still largely underestimated or misunderstood. Since only 21% of the executives surveyed consider that the actions to achieve it are clear.
Sustainability is investment and not spending
The word sustainability was originally used by the United Nations (UN) in a document on sustainable development, published in 1987, to refer to meeting the needs of the present without compromising the needs of future generations.
The concept of sustainability, although it seems like a novel idea, has its roots in social justice, conservationism and other international ideals that have permeated in favor of improving the reality of the planet.
But to understand whether companies are taking seriously enough the urgent mandate of environmental sustainability, which refers more specifically to the conservation and responsible use of natural resources, and to evaluate their progress over the years, the Institute Capgemini Research conducted the first edition of a global research study of business leaders.
The survey of 2,004 executives from 668 large Chile Mobile Number List organizations—with annual revenues of $1 billion—in Australia, Canada, France, Germany, India, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom and the US. US, working in key industries such as aerospace, automotive, consumer products and retail, energy, financial services, healthcare and life sciences, industrial manufacturing, telecommunications, utilities and the public sector, revealed that there is gap between climate ambition and concrete action to carry it out.
looking for responsible leaders with the environment
Failures in the sustainability strategy
According to the findings, although the sustainability vision is being integrated into redesigned business strategies and almost 64% of executive leaders say they contemplate it in their business strategy, less than half of leaders (49%) have a defined list of initiatives to achieve its objectives in the next three years.
While just over a third of respondents (37%) indicate that their company is redesigning its operating model in line with sustainability. The above reveals that the level of investment in sustainability initiatives for companies with more than 20 billion dollars in revenue is only 0.41% of total revenue on average.
The report also revealed that many organizations lack a collective vision and coordination around sustainability efforts across their operations, and diverse teams are still working in silos.
For example, only 43% of respondents say sustainability-related data is available and shared across the organization, and less than half (47%) of companies are actively recruiting new talent with strong sustainability skills. .