Dan Furey’s Post

US CEOs are optimistic about returns from their companies' sustainability investments. A recent study found that a majority of CEOs expect to see significant returns within three to five years, and that ESG remains a top operational priority, despite the challenges posed by inflation and supply chain disruptions, as well as opportunities arising from Gen AI. The survey polled 100 CEOs from large companies with annual revenues exceeding $500 million, including one third with more than $10 billion in revenues. #esg #sustainability #carbonneutral https://lnkd.in/g95G-Jza

💡 Where does sustainability rank in your organization? According to a recent survey by KPMG US, most CEOs in the U.S. anticipate substantial returns from their company's sustainability investments in the next 3-5 years. Despite facing challenges related to inflation and supply chain disruptions, as well as opportunities associated with generative AI, corporate leaders still place environmental, social, and governance (ESG) issues at the forefront of their operational priorities. Learn more: https://lnkd.in/g-ghYsjs #ESG #sustainability

A decarbonization wave is coming. For the most innovative companies, it’s already here. In a recent EY survey, more than half of the 1200 CEOs surveyed that sustainability is a higher priority now than it was a year ago, and decarbonization found to be the top long-term strategic priority. Sustainability is rising to the top of the priority list, and is no longer seen as a passing trend 💪 It’s not all rosy: 73% of CEOs agreed that activist investors are more concerned with near-term financial results than with performance against long-term sustainability metrics. Interestingly, CEOs and investors broadly agree that technology and AI hold the answers to many of the key sustainability challenges facing their companies. Read the whole report now 👉 https://lnkd.in/e7WZcb_f

This is an encouraging statistic. Businesses are finally realizing the OPPORTUNITIES inherent in the journey toward more sustainable practices. According to this survey by KPMG, the Majority of US CEOS see the potential returns from sustainability investments, as reported in this ESG Today article. Rob Fisher, KPMG US ESG Leader, said: “CEOs are going beyond checking the compliance box on sustainability. They’re making it a core business imperative, leveraging cutting-edge data and AI capabilities to drive real-time strategies with measurable impact.” Very good news indeed! #esg #sustainability #lawandlegislation

The tripple lay - growth that advances sustainability. I missed this article during the summer, so only sharing now. Thought provoking and interesting to read

52% of organisations plan to augment their sustainability investments this year, according to Capgemini Research Institut. So what's caused this sudden surge in sustainability initiatives? Is it an ethical awakening, or has the government sparked change with more stringent ESG regulations? Read the full article to find out. #fintech #sustainability #esg #innovation

"KPMG: Majority of U.S. CEOs Expect Significant Returns from Sustainability Investments Within 3-5 Years" You don't have to choose between focusing on AI or Sustainability: leverage AI to fast-forward your ability to integrate sustainability and generate better returns: “CEOs are thinking beyond complying with climate disclosure rules and focused on creating long-term value for their companies, ensuring the integration of sustainability into core business practices and operations. They see their sustainability strategy and reporting being supercharged by effective data management and GenAI, which can help their organizations make real-time, data-informed adjustments.” "The majority of U.S. CEOs expect to see significant returns from their company’s sustainability investments within three to five years, and the corporate leaders continue to rank ESG as their top operational priority, even in the face of inflationary and supply chain challenges and Gen AI-related opportunities, according to a new survey released by professional services firm KPMG US." “CEOs are going beyond checking the compliance box on sustainability. They’re making it a core business imperative, leveraging cutting-edge data and AI capabilities to drive real-time strategies with measurable impact.” "55% of CEOs reported that they expect to see “significant returns” from their sustainability investments in 3-5 years, with 19% anticipating significant returns as soon as 1-3 years. Another 25% expect a longer period, predicting 5-7 years." "The survey also assessed CEOs’ key priority areas for their sustainability efforts, with Operations emerging as the top focus area, cited by 42% of respondents, followed by Products at 24%, and governance models and transparency protocols, such as best practice reporting, at 16%." Need help to make sense of sustainability for your organization? Let's have a chat #sustainablebusiness #transition #triplebottomline #business #strategy #ESG https://lnkd.in/g-fqX_2d

Becoming a sustainable business school is more than just having a sustainability course or two (more on that next week) but about making it a core part of our faculty. Business is an incredibly diverse research discipline covering different topics, participants, levels of analysis, and methods of research. This makes the research area well situated to move sustainability forward in our communities. A good example of the rich business research opportunities was highlighted in a recent article by McKinsey (Thanks, Ronald). Sure the discussion in the article is focused on strategy but accounting, finance, and marketing are all important for ensuring that the ESG strategy works for the company. Unfortunately, research is usually developed and discussed in silos. How do we connect our research to sustainability while also ensuring that it can provide practical help to those working in an interdisciplinary environment? Thanks to an idea from my sister, Emefa, we are going to try something here at UNBC called a business sustainability journal club. Journal clubs (which seem to prevalent in the sciences) are groups that read academic articles and then a few weeks later discuss them together. Like a book club. This gives us a chance to get to know the latest business sustainability research AND get out of our disciplinary silos. https://lnkd.in/gGqc2_kS

Alongside digital and technological innovation, CFOs around the world cite sustainability as one of their foremost investment priorities. Although this figure is encouraging, other insights from the survey tell a more complicated story. For instance, CFOs also cite sustainability as the area where they would be most likely to cut funding if necessary. We can't have it both ways. If sustainability is truly a priority, it can't be the first area we make cuts when budgets are tight. #ESG #Sustainability #GreenTech #InvestForTheFuture

Quite an interesting observation on the Industry shift towards ESG. I believe we must focus our sustainability efforts through the functional lens, ensuring we can accelerate adoption of sustainable operations. #capgeminiinvent #sustainability