Per this article, a study by Infosys revealed that 90% of executives said their ESG spending led to moderate/significant financial returns.
Here are a few interesting findings from the report:
- ESG is a proven moneymaker – a 10 percentage point increase in ESG spending correlated with a 1% increase in profit growth.
- Don’t stop with the E – Adding the S and G once you have the E will improve profitability.
- Adding ESG staff increases profitability – Upwards of 2% in profit and revenue growth.
- Supply chain transparency matters – Convincing your suppliers to become sustainable helps you attain your Scope 3 goals….which helps you win more business.
If you want to know how to start, follow the points in this PPP. You will be happy you did.