Enterprise ESG Aspirations Hampered By Budget Constraints, Lack Of Tools
CIODIVE, April 13th, 2023
While executives remain committed to advancing environmental, social and governance initiatives, they've run into budgetary roadblocks, according to a Wednesday Google Cloud report. The Harris Poll surveyed nearly 1,500 business leaders in mid-January for the CSP's second annual sustainability study.
Dive Insight: Public pressure, consumer preference and employee sentiment have helped move the needle on corporate ESG initiatives.
The prospect of impending Securities and Exchange Commission regulations, which would mandate annual emissions reporting, drove home the business implications of sustainability.
Most companies are talking about ESG, and 96% of respondents said their organizations have at least one sustainability program in place. Nearly 9 in 10 acknowledged that their customers prefer sustainable brands.