Consider these recent findings:
- 54% of CEOs report business value from sustainability (Bain)
- Sales of products on Amazon.com with sustainability labels are 13% higher than those without (Harvard Business Review)
- 49% of companies will award more business to suppliers with strong sustainability results
- MSCI’s annual sales of climate and ESG data now reach over $380 million annually
- 48 of the 50 largest asset managers use the MSCI climate and ESG data in their investment process (Financial Times)
Why are companies taking these actions?
- 57% of companies report losses from climate change (Morgan Stanley)
- 59% of investors plan to increase their allocations of sustainable investments this year (Morgan Stanley)
And what do companies think of regulations:
- 70% of EU companies want to keep the EU reporting requirements for large companies and 55% want to keep the requirements for smaller companies (E3G)
As a recent headline in the Financial Times states: “ESG might be more resilient than critics expect,” driven by the use of sustainability data to manage costs (particularly energy), to manage exposure to climate change and to meet investor expectations.
The bottom line: Companies and investors use data that drive business results. We’re past the point of “green potential”, businesses and investors around the globe are making money today from sustainability data.
GLYNT.AI provides sustainability data to businesses around the world. Talk to us about our 5 A’s for sustainability data: Automated, Accurate, Abundant, Audit-Ready, and AI-Ready
