A Shift in Mindset: Sustainability as a Value Creator
A groundbreaking news by Spencer Stuart from their Sustainability Leadership Report 2023 reveals that 64% of Chief Sustainability Officers (CSOs) now view their sustainability strategy as a means to create value rather than merely reduce risks. This significant shift indicates that the C-suite recognizes sustainability as a competitive advantage rather than a burden.Moreover, sustainability strategies are proving to drive innovation, reduce costs, attract top talent, and future-proof organizations.
Sustainability: Central to Business Strategy
Even more encouragingly, 80% of CSOs state that their sustainability plans are integral to the overall business strategy. Gone are the days of tokenistic sustainability programs; sustainability is now embedded in the DNA of corporations globally.From product design to workforce policies, a green thread now influences all major business decisions.
Report Overview: Annual Pulse-Check on Sustainability Leadership 2023
Spencer Stuart’s annual report serves as a pulse-check on the state of sustainability leadership worldwide. Researchers interview Chief Sustainability Officers and leaders to identify key trends, challenges, and priorities. While concise, the report is filled with valuable insights and data-driven statistics that every leader should understand. We strongly recommend reading the full executive summary for a deeper understanding.
The Tipping Point: From Strategy to Execution
According to the report, sustainability leadership has reached an inflection point. After years of building consensus, setting goals, and creating strategies, CSOs are now empowered to drive real-world impact.As the report states, “the time has come for them to push ahead with implementing the transformation they have now been given the license to deliver.” However, companies often find this transition from ambition to execution notoriously challenging.
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To address this challenge, we have created the Impact Academy. Our Evolveable Impact Academy equips workers at all levels with the green skills and change leadership capabilities necessary to embed sustainability into day-to-day operations.From emissions tracking to circularity, systems thinking to stakeholder engagement, we cover all the core sustainability competencies your organization needs to achieve its ambitious goals.
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