Sustainability a growing part of corporate agendas: Report

In study of 297 global firms, 81% say issues like climate change more important to businesses than 5 years ago

The study added that this is especially urgent as recent reports have predicted that there is only a 5 per cent chance of meeting the Paris Agreement targets for emissions reduction..
The study added that this is especially urgent as recent reports have predicted that there is only a 5 per cent chance of meeting the Paris Agreement targets for emissions reduction..PHOTO: ST FILE

Sustainability is becoming more important to companies though there is still a long way to go for businesses to improve the way they impact society and the environment.

In a study by consulting firm Bain & Co involving 297 global firms released yesterday, 81 per cent said sustainability is more important to their business today than it was five years ago.

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A version of this article appeared in the print edition of The Straits Times on January 29, 2019, with the headline 'Sustainability a growing part of corporate agendas: Report'. Subscribe