Bridging the Gap:
From Commitments to Reality in Corporate Sustainability

26 FEB 2024 / ESG Matters
The recent GlobeScan report, spearheaded by sustainability stalwarts Dr. Robert Eccles and Alison Taylor, sheds light on a critical barrier thwarting value creation within the corporate sustainability domain. Their research, in collaboration with GlobeScan and Salesforce, underscores a stark disconnect between companies' public sustainability pledges and their actual operational integration across C-suite functions.

This comprehensive study surveyed senior leaders across various sectors—sustainability, finance, and technology—to pinpoint four primary gaps hindering the meaningful incorporation of sustainability into corporate strategies:

  1. Capital Gap: Highlighting the discrepancy between the necessary funding for sustainability initiatives and the actual capital allocated.
  2. Integration Gap: Pointing to the limited cross-departmental collaboration that curtails sustainability's integration into core business operations.
  3. Implementation Gap: Indicating a preference for reputation management over genuine operational integration of sustainability measures.
  4. Data Gap: Reflecting the challenges posed by inadequate quality data on sustainability performance, complicating effective analysis and compliance with emerging reporting standards.
These insights should be seen not as a critique but as a clarion call for systemic change. These gaps underscore the urgent need for businesses to transition from mere sustainability declarations to actionable, systemic integration of sustainability principles.

The Future-Fit Business Benchmark offers a robust framework that aligns perfectly with this need, facilitating businesses in their journey from ambition to action. It provides clear, actionable guidance and tools to weave sustainability into the very fabric of business operations, ensuring it becomes a core driver of strategy and decision-making.

The journey towards genuine sustainability is complex, yet it is ripe with opportunities for innovation, resilience, and leadership. By adopting the Future-Fit approach, businesses can navigate these complexities, transforming challenges into opportunities for a sustainable, prosperous future.

We invite businesses and individuals passionate about making a tangible impact to join us in this transformative journey. Let's leverage the insights from the GlobeScan report and the Future-Fit framework to turn our collective ambitions into actionable realities, driving meaningful progress towards a truly sustainable future.


ESG Matters

Founded by one of the sustainability pioneers Dr Glenn Frommer, ESG Matters specialises in ESG data analytics, intelligent sensing technologies and sustainability advisory. Since 2014, ESG Matters has been a creator of digital platform solutions to meet the needs of sustainable impact investing and green financing. Working closely with listed companies, SMEs, and various growing organisations, ESG Matters aims to address the global market through providing business process outsourcing (BPO) services and solutions to achieve the relevant sustainable development goals (SDGs) and building resilience to climate change.

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