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