Sustainability emerging as key to long-term business resilience, says Capgemini

There may be more uncertainties than one. And not justin India, but the whole world is going through these uncertainties. Significantly however global organizations across verticals, continue to prioritize sustainability despite such global uncertainties.

- RITWIK MUKHERJEE

More than 4 in 5 organisations are planning to increase investment in environmental sustainability, up 8pp since last year. Compliance with regulations remains the lead factor driving sustainability initiatives, followed by business value — such as profitability, cost savings, and operational efficiency. Despite the business case, two thirds of executives say they are under increasing pressure to demonstrate credible, science-based progress. Yet only 21 per cent of organisations have developed detailed transition plans with interim targets and capital allocation. All these and much more have been revealed by the fourth edition of the Capgemini Research Institute's latest report,

Internally, progress is hindered by budget constraints, inadequate data and measurement systems and operational silos. Externally, nearly two thirds of executives agree that geopolitics is currently slowing down sustainability investments and projects, a share that is stable since last year.