The 2024 sustainability landscape marks a significant era of ESG capacity building, with companies increasingly embedding sustainability into their core operations. Deloitte’s 2024 Sustainability Action Report reveals that 98% of executives have made progress toward their sustainability goals, driven by the creation of cross-functional ESG working groups and the rise of specialized roles like Chief Sustainability Officers (CSOs).
This strategic shift signals a deep integration of ESG into corporate strategies. However, data quality remains a significant challenge, particularly in measuring Scope 3 emissions, with 57% of companies identifying it as their top concern. Despite these hurdles, companies recognize the internal and external benefits of robust ESG practices, which are becoming essential for enhancing business performance. Read More
News Credit: ESG News