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CEO Survey: Rising Net-Zero Commitments (2022-2024)
As businesses in the region shift their focus towards sustainability, there has been a notable rise in commitments to net-zero targets. The latest survey shows that 76% of companies have either made or are actively working towards a net-zero commitment in 2024, up from 66% in 2023 and 60% in 2022. This upward trend indicates that companies are increasingly recognizing the importance of reducing carbon emissions and making sustainability a core part of their operations.
The operational changes also extend to leadership roles, as companies are integrating sustainability into their organizational structures. A growing number of businesses are appointing top-level positions such as Chief Sustainability Officers (CSOs) or directors dedicated to sustainability. Almost half of the survey respondents either have or plan to appoint a CSO within the next year, signaling the growing prominence of sustainability in corporate decision-making.
Related Report
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The Business of Impact Investing in 2023
Impact investing is a form of investing that believes that every dollar invested can make a difference, while producing a profit. Over the past 20 years, impact investing has undergone a remarkable evolution, driven by a confluence of societal, economic, and technological factors. These influences have propelled impact investing into a crucial mechanism for addressing societal needs, traditionally the domain of public funding. In 2022, the impact investing market sat at US$1,146 billion, growing at a healthy compounded annual growth rate (CAGR) of 29% over the last four years. This special report features interviews with thought leaders in the impact investing space, and offers an insightful perspective on the current and future state of impact investing, its challenges and opportunities, and highlights case studies of investors, social enterprises, and the impact they are having on the world.
