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July 20, 2023

Companies feel less optimistic about achieving shorter-term sustainability goals

Rio de Janeiro, Brazil. According to the research, over a third of businesses prefer a centralised approach to reporting, while Latin America relies more on C-suite executives for reporting than other regions. (Photo: Dado Galdieri/Bloomberg)
Rio de Janeiro, Brazil. According to the research, over a third of businesses prefer a centralised approach to reporting, while Latin America relies more on C-suite executives for reporting than other regions. (Photo: Dado Galdieri/Bloomberg)

A survey tracking corporate sentiment on sustainability progress shows companies’ confidence about reaching their sustainability targets is waning, despite their commitment to continue with sustainable investment.

The environmental sustainability index, developed by engineering group Honeywell and research company The Futurum Group, reveals that 86 per cent of global companies surveyed have plans to invest further in sustainability initiatives in the coming year. 

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