As seen on FacilitiesNet.com.
In a global survey of corporations, results show that one-half of businesses lack a sustainability strategy. Those with a strategy are more likely to be focused on improving perceptions and responding to increasing regulations, rather than meeting social needs or generating revenue opportunities.
Although less than half have a strategy today, 55 percent of survey
respondents said sustainability will grow in importance and require
increased resources and attention.
The study by the Vandiver Group found that nearly one-third of
businesses are developing a sustainability strategy, and just less than
one-half already have an existing strategy.
Six percent of respondents characterized their company as a "recognized
leader" in sustainability. CEOs were reported to be the primary drivers
of sustainability decisions. More than 65 percent of companies do not
have dedicated sustainability staff. Of those with dedicated staff,
nearly half have fewer than five employees working more than half of
their time on sustainability.
An overwhelming 75 percent of respondents said sustainability is either
"an important part of our organization's corporate strategy," or said
they expect the topic "to become increasingly important in the future."
The highest-rated business strategy was to create a sustainability
vision that establishes a shared roadmap for meeting current unmet
needs.