Environmental sustainability has become a priority for numerous businesses, and employees are pushing companies to address how they are or will be addressing climate change.
According to Gartner's annual CEO and Senior Business Executive Survey, environmental sustainability has jumped to eighth place from 14th place. The survey also revealed that environmental sustainability serves as a "competitive differentiator," and over 70% of CEOs said that increasing their environmental and social efforts is incredibly appealing to investors.
"CEOs say investors want better profit returns and growth in revenue while also driving environmental and social changes. And CEOs are finding that ESG is a way to attract customers, talent, and investors," said Kristin Moyer, distinguished vice president, and analyst at Gartner.
Overall, sustainability is a business transformation, and every business transformation has challenges, but the most important thing to remember is that sustainability is a long-term transition; progress is never linear.