London, UK – 10/10/2024 – Simply Sustainable, a leading voice in sustainability consulting, is excited to announce the release of its latest report, “Sustainability: Whose Job Is It Anyway?” This report tackles vital discussions about sustainability spending and how businesses can enhance engagement in these efforts.
Conducted in September 2024 with insights from over 150 senior business professionals across the UK and the Netherlands. It incorporates feedback from top executives in diverse sectors, including Mitchells & Butlers, Saga, GKN Automotive, TIP Group, RiverStone International, and FincoEnergies.
The data reveals a compelling trend: despite ongoing economic challenges, companies are more committed than ever to boosting their sustainability investments. It is no longer possible to just bolt on sustainability, it must be built into business strategy and operations.
Key Findings Include:
- Regulatory Influence: The European Corporate Sustainability Reporting Directive (CSRD) is driving greater investment in sustainability among Dutch companies, emphasising the growing importance of ESG compliance for organisations.
- Sustainability Spending on the Rise: 90% of respondents anticipate an increase in the overall budget on sustainability in the coming year, with expectations of 5% to 10% growth. Energy costs, staff costs, and digital technology investments are the primary drivers of this rise.
- Employee Engagement Challenges: Only 12% of respondents reported that most employees are aware of their company’s sustainability strategy, highlighting a need for improved internal communication and engagement.
“Amidst the urgent challenges we face, sustainability is no longer optional; it’s a shared responsibility,” said Nicola Stopps, CEO of Simply Sustainable. “Our report highlights the imperative for businesses to engage at every level in meaningful sustainability initiatives to foster value creation across the board. By prioritising transparent communication and collaboration, we can drive real change and ensure a sustainable future for all.”
Conclusion and Next Steps:
This report underscores the need for collective action in building a sustainable future, making it a must-read for anyone looking to lead the charge in corporate responsibility.
You can access the full report here. Or contact info@simplysustainable.com for more information.
About Simply Sustainable: At Simply Sustainable we are dedicated to helping organisations navigate the complexities of sustainability. Through innovative consulting services and strategic insights, we empower businesses to integrate sustainable practices that drive both environmental and economic success.
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