TRENDING:
GROWING ACCEPTANCE OF THE ROLE OF SUSTAINABILITY PLANNING
“During the financial crisis, we saw sustainability teams take a real hit. We didn't know if that was going to happen this time. But it's definitely the opposite.” - John Davies; VP & Sr Analyst, GreenBiz (April '22).
These days, governments, corporations & individuals are gaining an acceptance that reducing the impacts of climate change will also reduce their longterm financial impacts - driving the need for a clearer understanding of what will be required to attain a net zero future.
Traditional methods of lending & investing are changing to include climate risk as an indictor of longterm financial success. We are seeing an increase in senior management & board-level participation in sustainability planning and an expansion in budgets dedicated to sustainability transparency.
Responsibility does not stop at the corporate level. More than 80% of a company's impacts exist along its supply chain; an area that until recently, has been left out of corporate emissions profiles.
With increasing consumer expectations surrounding sustainability impacts & governance structures, investors are able to better assess relevant business strategies. Across all industries, it is becoming more common to see activist investors drive & demand more sustainable practices. Sustainability is more of an expectation than ever!
Learn more about the state of sustainability ➙