Sustainability legislation and business actions lead the way in APAC, reveals ERM-GlobeScan survey
New research from GlobeScan and the SustainAbility Institute by ERM signals a shifting paradigm in sustainability leadership, emphasizing innovative, sustainable business models beyond mere compliance.
The results were gathered from a survey of over 500 professionals from across the globe and various sectors, conducted between March and May 2023.
This comprehensive survey, now in its 25th year, is lauded as the most extensive longitudinal study on sustainable development leadership.
Key findings highlight that sustainability leadership in the Asia Pacific region entails embedding sustainability into business models and strategies (27%), demonstrating evidence of impact and action (17%), and setting ambitious targets (16%). Corporate sustainability champions include Mahindra & Mahindra, City Developments Ltd., PTT Global, and Tata, among others.
Climate change continues to rank as the most urgent sustainability challenge (93%), with deforestation newly introduced into the survey and already ranking among the top five (86%). Other persistently high-ranking issues include biodiversity loss (86%), water scarcity (86%), and poverty (80%). Read More
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