Customers Cited as Primary Stakeholders Creating Pressure to Act on Sustainability Issues; 86% of Business Leaders Say Sustainability Investments are Protecting Their Organization from Disruption
A new Gartner, Inc. survey revealed that 87% of business leaders expect to increase their organization's investment in sustainability over the next two years. Customers are the primary stakeholder group creating pressure for organizations to invest or act on sustainability issues, selected by 80% of executives, followed by investors (60%) and regulators (55%).
'Sustainability enables businesses to cope with disruption,' said Kristin Moyer, Distinguished VP Analyst, Gartner. 'Economic uncertainty, geopolitical conflict and escalating materials and energy costs are forcing businesses to reexamine all forms of expenditure. This focus on essentialism, in combination with increasing stakeholder desire to see progress on environmental, social and governance (ESG) goals, creates new opportunities for enterprises to grow while mitigating cost and risk.'
Read More ...