Driving ESG efforts: Leadership Matters
Sustainability has emerged as a top priority for businesses across the globe. To gain insights into how companies are navigating this, the MU ESG Practice and BDO Belgium partnered up to conduct a study involving 150 companies in 13 countries.
Among other takeaways, the survey reveals that sustainability is both an imperative and an opportunity: 75% of respondents see the ESG transition as a means for value creation, and over 97% believe that sustainability will change their activities and business model.
Three key factors have been identified as ensuring the success of a company’s transition to ESG and highlight the critical role attributed to leaders in this context:
? Embedding sustainability into the business strategy
? Leadership commitment
? Employee engagement and empowerment
These topics are naturally close to the core of how we serve our clients every day within our ESG expert team and beyond. Research clearly shows that effective leadership has the biggest impact on results, people’s success at work, inclusive workplaces and strategy execution.
The path to sustainability proves to be a complex management task: the selection and development of leaders in alignment with their company’s strategy, context, situation and objectives, will be key to ensuring the success of organisations efforts to drive sustainability.?
Click here to read more and access the full report: https://lnkd.in/d_Zu3ERJ
