GlobeScan

Although sustainability experts’ perceptions of how well sectors are managing their transition to sustainability have improved over the last few years, only one-third or fewer say performance is excellent, even for the top-rated sectors. Here are some key insights: 📈 The largest improvements in performance over the last decade are seen in the banking/finance, electric utilities, automotive, and life sciences sectors ⛏ The chemicals and extractive sectors are now seen to be doing either the same or slightly worse than they did a decade ago. 🏭 More than three-quarters of experts now say that the oil and gas sector is doing a poor job on sustainability while two-thirds say the same about mining. 💡 There is evidence of positive momentum for sustainability leadership across several sectors that have improved in the past decade, though more needs to be done. The priority now is to build on this progress and accelerate efforts in the sectors whose role in the transition is essential, such as mining and oil and gas. Read more on what sustainability experts expect from leading companies in our Sustainability Leaders 2024 report: https://lnkd.in/e6g65kzR

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When asked about the adoption of AI in the work of the Corporate Affairs function, almost half of practitioners say they have at least somewhat adopted it. However, significantly fewer feel they have enough support from their IT teams to utilize it fully. More than a quarter of Corporate Affairs professionals who use AI say they are adopting it for research purposes, followed by using it to help them draft initial content or to jump-start ideas. Learn more and discover the regional differences in the full report by GlobeScan and Saïd Business School, University of Oxford here: https://lnkd.in/g9DNXJSy

Since 2020, GlobeScan and the Saïd Business School, University of Oxford have conducted an annual survey of Corporate Affairs professionals on how to build enduring trust and strong reputations. This report provides the latest overview of opinions, trends, and challenges through the lens of Corporate Affairs practitioners worldwide. The report explores key risks and challenges facing enterprises in coming years and shares internal perspectives on how to best engage with the world to build trust and strong reputations. Download the full report here: https://lnkd.in/g9DNXJSy #CorporateAffairs

How can senior leaders look past short-term profits and integrate meaningful sustainability initiatives into their business model? 🌱 In a recent article from CEO Magazine, Sarah Jefferson explores three proven ways companies can integrate sustainability into their day-to-day decision-making and create meaningful systemic change. Here are the top three ways in summary: 🤝 Set Expectations by Making Trade-Offs Explicit Trade-offs may include reducing production, increasing transparency, and focusing on durability. Though they might impact revenue initially, such strategies reduce waste, lower costs, and build long-term brand reputation and recognition. 💸 Embed Non-Financial Metrics into Every Financial Conversation Companies can achieve sustainability by combining non-financial metrics with financial considerations, which include assessing the social and environmental impact of their actions. This approach ensures long-term value by acknowledging broader positive and negative effects beyond their immediate operations. 🌎 Give Sustainability a Seat at the Table According to GlobeScan research, only 37 percent of senior leader respondents believe sustainability is “very integrated” into the core of their business. Companies can promote sustainability by integrating social and environmental missions into boardroom governance to ensure stakeholder concerns influence decision-making. Learn more and read the full article here: https://lnkd.in/einbpCYi

What factors drive a company to be acknowledged as a leader in sustainable development? According to sustainability experts: ▶ Sustainability integration and demonstrating real impacts and actions are the top two criteria for a company to be recognized as a sustainability leader ▶ This year, there has been a significant increase in the number of experts placing importance on the supply chain (now ranked third) ▶ Sustainability integration, evidence of impact, and supply chain have been consistently in the top three across almost all sectors and regions surveyed 💡 What does this mean for businesses? Setting ambitious targets and demonstrating commitment and leadership are no longer sufficient. Companies need to push business strategy integration further, demonstrate tangible impact and results, and address their supply chain issues head-on (from Scope 3 emissions to human rights) if they want to be recognized as sustainability leaders. Read more on what sustainability experts expect from leading companies in our Sustainability Leaders 2024 report: https://lnkd.in/e6g65kzR

How are industry sectors managing their transition to sustainable development? Our 2024 Sustainability Leaders survey with the ERM Sustainability Institute asked experts to rank industries in their country or region. In this study, we learned that according to experts: 📌 A majority of sectors are seen to have improved over the years, especially life sciences, forest products and communication technologies 📌 Extractive sectors are more likely to be rated negatively on their sustainability transition 📌 In Asia-Pacific and North America, experts highlight information/communications technology (ICT) as the most positively viewed sector 📌 Experts based in Africa and the Middle East point to bank/finance as the leading sustainability sectors Learn more about the perspectives of global sustainability experts in our full report here: https://lnkd.in/e6g65kzR

In the annual Oxford-GlobeScan Global Corporate Affairs Survey we asked Corporate Affairs professionals about the rise and impact of authoritarianism for the first time, and the progression of populism into authoritarianism is now a real concern. Globally, nearly four in ten Corporate Affairs practitioners report that they believe the rise of authoritarianism is an evolving risk to their company specifically. Learn more and discover the regional differences in the full report by GlobeScan and Saïd Business School, University of Oxford here: https://lnkd.in/g9DNXJSy

Estamos muy orgullosos/as de anunciar que nuestro enfoque pionero en prácticas regenerativas acaba de alcanzar el reconocimiento mundial: somos la tercera empresa líder en sustentabilidad del mundo, según un estudio de GlobeScan, una organización internacional de consultoría ESG. 🏆 Denominada Líderes en Sustentabilidad 2024, la encuesta también presenta un corte regional, en el que ocupamos la primera posición en el ranking de América Latina. Con la participación de alrededor de 500 expertos/as de más de 60 países, el estudio destacó la capacidad de las empresas para integrar la agenda ESG en sus estrategias de negocio, generando acciones e impactos concretos. "La adopción de prácticas sustentables está en el centro de nuestro modelo de negocio y buscamos constantemente formas innovadoras de promover iniciativas regenerativas, éticas y responsables para toda nuestra red de relaciones. Sabemos que los cambios significativos y estructurales no se realizan de forma aislada, por lo que queremos inspirar a otras empresas y socios a unirse a nosotros en este viaje", dijo Angela Pinhati, nuestra Directora de Sustentabilidad. La encuesta también abordó el liderazgo de los gobiernos y las ONG, y reiteró la importancia de la colaboración entre las autoridades públicas, el sector empresarial y las organizaciones sociales para garantizar un futuro resiliente para todos. 👉🏾 Consultá el material completo en este enlace: https://bit.ly/3XQgJdU

The fifth annual Oxford-GlobeScan Global Corporate Affairs Survey Report is live. Some key findings from the report: • Corporate Affairs professionals see geopolitical risk and uncertainty as the most pressing short-term risk to global businesses • Almost half believe political populism is a very high risk for their business • North Americans and Europeans report seeing increased resistance to ESG, while those in Africa and Asia-Pacific are seeing reduced resistance to ESG • Stakeholder engagement is the fastest-growing responsibility within the Corporate Affairs function • Corporate Affairs professionals report that innovation and AI offer the biggest opportunity for global business in the coming years Learn more and access the full report by GlobeScan and Saïd Business School, University of Oxford: https://lnkd.in/g9DNXJSy