Are we hitting targets but missing the point?
Spending on sustainability reporting exceeds spending on sustainability innovation by 43%. Many organizations are approaching sustainability as an accounting or reporting exercise rather than a transformation play.
“Doing sustainability” does not equate to being more sustainable.
But organizations that embed sustainability throughout their operations show better sustainability and financial outcomes. They are 52% more likely to outperform their peers on profitability, with a 16% higher rate of revenue growth.
Tying sustainability to business value is key.
53% of organizations that embed sustainability say that business benefits are essential for justifying sustainability investments. And only 17% say meeting sustainability objectives is in itself sufficient to justify investment.
Are we hitting targets but missing the point?
Spending on sustainability reporting exceeds spending on sustainability innovation by 43%. Many organizations are approaching sustainability as an accounting or reporting exercise rather than a transformation play.
“Doing sustainability” does not equate to being more sustainable.
But organizations that embed sustainability throughout their operations show better sustainability and financial outcomes. They are 52% more likely to outperform their peers on profitability, with a 16% higher rate of revenue growth.
Tying sustainability to business value is key.
53% of organizations that embed sustainability say that business benefits are essential for justifying sustainability investments. And only 17% say meeting sustainability objectives is in itself sufficient to justify investment.