According to a report by EY, 36% of companies are in the “advanced stage” of their ESG journey
In a recent report by EY, it was revealed that a significant stride has been made in the realm of corporate sustainability. According to the study, 36% of businesses have progressed to an advanced stage in their Environmental, Social, and Governance (ESG) journey. This milestone underscores the growing commitment of companies to integrate sustainable practices into their operations.
The report sheds light on the remarkable progress made by these businesses, signifying a notable shift towards a more responsible and conscientious approach to conducting business. By reaching an advanced stage in their ESG journey, these companies have demonstrated their dedication to not only maximizing profits but also prioritizing their impact on the environment, society, and governance practices.
This development holds promise for a more sustainable and ethical business landscape. However, the report also highlights the work that lies ahead. The remaining majority of businesses are still in the early stages of their ESG journey, indicating that there is a considerable opportunity for growth and improvement in sustainability practices across industries.