Executive Briefings

Sustainability Execs Fear Shortages of Natural Resources Will Affect Their Supply Chains in Near Future

Ernst & Young reports that 83 percent of respondents to a recent survey say they are engaging their supply chain in sustainability. In addition to this, 76 percent anticipate natural resource shortages, including water, will affect their core business objectives over the next three to five years, according to the canvass of "corporate sustainability leaders."

Also, 65 percent of chief financial officers are now directly involved in company sustainability efforts, and 80 percent of respondents see revenue opportunities in sustainability. With all this, it's not surprising that 92 percent of respondents expect their sustainability funding to stay the same or increase over the next three years.

The report, Six growing trends in corporate sustainability, discusses these trends and others. Highlights include:

• Sustainability reporting is growing, but the tools are still developing.

• Employees are second only to customers in motivating corporate sustainability efforts.

• Despite regulatory uncertainty, greenhouse gas reporting remains strong and there is growing interest in water.

• Rankings and ratings matter to company executives.

The full report, Six growing trends in corporate sustainability, can be downloaded by clicking here.

Source: Ernst & Young

Also, 65 percent of chief financial officers are now directly involved in company sustainability efforts, and 80 percent of respondents see revenue opportunities in sustainability. With all this, it's not surprising that 92 percent of respondents expect their sustainability funding to stay the same or increase over the next three years.

The report, Six growing trends in corporate sustainability, discusses these trends and others. Highlights include:

• Sustainability reporting is growing, but the tools are still developing.

• Employees are second only to customers in motivating corporate sustainability efforts.

• Despite regulatory uncertainty, greenhouse gas reporting remains strong and there is growing interest in water.

• Rankings and ratings matter to company executives.

The full report, Six growing trends in corporate sustainability, can be downloaded by clicking here.

Source: Ernst & Young