The feel-good factor is not translating to reality
The feel-good factor is not translating to reality
“If a company has a sustainability plan, then I want to see evidence that the plan is being put into action. What are the real things that companies are doing?”
Seb Henbest, Group Head of Climate Transition, HSBC
Our research shows that organizations are failing to do the “real things.”
A quarter (26%) of organizations might have created health and wellbeing initiatives for their employees, but only 2% have achieved net zero status. And less than 10% have completed other essential sustainability activities, such as preparing for environmental emergencies and developing green ecosystems.
Very few organizations have completed important Sustainability Transformation initiatives
Why are these organizations so slow to act? In part, it’s because making meaningful change is difficult, and a sustainability mindset might not be felt across the entire business.
Our research shows that organizations are failing to do the “real things.”
A quarter (26%) of organizations might have created health and wellbeing initiatives for their employees, but only 2% have achieved net zero status. And less than 10% have completed other essential sustainability activities, such as preparing for environmental emergencies and developing green ecosystems.
Very few organizations have completed important Sustainability Transformation initiatives
Why are these organizations so slow to act? In part, it’s because making meaningful change is difficult, and a sustainability mindset might not be felt across the entire business.
of organizations believe sustainability is just a fad that will pass
are not clear whose responsibility it is to drive sustainability
are still being challenged on sustainability investments if they don't offer a clear return on investment
If you can’t measure it, you can’t manage it
Every strategy needs goals that are measurable. But when it comes to Sustainability Transformation, organizations are not yet putting the right targets and measurement strategies in place at the start.
Half of organizations are tracking health and wellbeing data and energy consumption, but these data sources are readily available. Metrics that need deeper expertise are being overlooked:
are tracking their supply chain waste
are tracking their company’s social impact
are tracking their carbon footprint
Most concerning? Six percent of organizations are tracking nothing at all.
So our research suggests that while organizations talk the talk about sustainability, real action is simply not the reality for many. But there is something that can help bring organizations’ sustainability goals to life: technology.
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©2022 Fujitsu. All rights reserved.