What Are key Corporate Sustainability Trends?

This is the 2nd post while the 1st one was about the attributes/enablers of Sustainable Business Growth.
https://lnkd.in/gvXjHaCm

While only a small minority of companies is seriously investing in Sustainability and they will be the winners within the coming 10- 20 years, the key trends are:


1. 3X more ESG investments in 2020 versus 2019.

2. 63% of poll respondents feel guilty about environmentally unfriendly practices (Economist Intelligence Unit, Growth from Knowledge, Morningstar).

3. 193 Countries adopted the 2030 Agenda for Sustainable Development.

4. Although 90% of executives find sustainability important, 60% of the executives incorporate sustainability in their strategy and only 25% have included sustainability into their business model (Research by MIT and BCG).

5. Green products are likely to be initially more expensive than conventional products (75-85%) such as energy, food, and vegetables. After a few years the cost will drastically reduce.

6. 88% of customers/consumers want companies to do more in helping them live sustainably.

7. 58% of the business executives indicated that their boards were not engaged with sustainability initiatives.

8. According to a study in the journal of open innovation: high ESG performance leads to higher Profitability.

9. ESG focus helped global leading corporations to achieve breakthroughs in various markets:

🍀 Starbucks faced difficulties to expand in China market before ESG. They stumbled upon the answer when they offered healthcare to their employees' parents. After that the sales growth skyrocketed and now Starbucks has thousands of stores.

🍀 IKEA generate sustainability reports since 2008 and
the climate footprint of the IKEA value chain continued to decrease. The climate footprint per euro retail sales decreased by 7% during FY20.

🍀 Nike has made 11 million sneakers out of recycled materials, generating 1 billion profits that help to solve the ocean plastic challenge.

🍀 Since 2015, Unilever's brands have integrated sustainability into both their purpose and products. This resulted in nearly half the company’s global growth and outgrew competitors by 30%.

🍀 According to Oxford University, Companies that voluntarily report their carbon emissions can save millions every year in interest repayments ($1.3 million cost reduction each year for every 1% reduction in CO2 emissions).


What does your company contribute to planet sustainability?


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