Hot off the press!! IBM Institute for Business Value‘s recent Research Insights report “The ESG ultimatum: Profit or perish” analysed data from 20,000+ consumers and 2,500 executives across 34 countries and 22 industries to explore the relationship between #ESG and #profitability.
KEY TAKEAWAY: ESG was found to be an accelerator that drives profitability and growth, however, “Rather than strategically harnessing ESG data—using it as a tool for identifying opportunities to innovate and improve—many organizations are narrowly focused on meeting immediate compliance demands.”
Other key findings cited in the report include:
– Despite controversies over ESG, our research reveals that mature ESG capabilities create business value.
– ESG leaders are 43% more likely to outperform their peers on profitability.
– While 95% of companies have ESG goals, only 10% have made significant progress toward meeting them.
– Only 2 in 10 say they trust the statements companies make about environmental sustainability, down from 5 in 10 just two years ago.
Let ESG.AI Technologies show you how to see your ESG data in a new light! Book a 15 minute demo with us to see actionable insights that will take your engagement in the #corporate or #consulting ESG space to the next level: https://lnkd.in/gRJihHAu
Read IBM’s full report: https://lnkd.in/gVnkcCX6