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Acting Like Our Future Matters

An SAP Concur blog post says businesses are moving from climate pledges to action, actively reducing energy consumption and carbon emissions, changing policies on diversity, equity and inclusion, and progressing toward net-zero goals. It cites data that 60% of business leaders say sustainability has a moderate or strong effect on long-term competitiveness and profitability, and 59% believe environmental issues are, or soon will be, material to business results. It advises determining what matters most, creating a realistic path to net-zero and proving measured progress, with top management modeling sustainable behaviors.

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Impact and considerations

Sustainability is increasingly seen as affecting long-term competitiveness and profitability, with travel and spend policies as levers for ESG delivery.

Key points

  • Businesses are moving from climate pledges to action, actively reducing energy consumption and carbon emissions.
  • Companies are also changing policies on diversity, equity and inclusion and progressing toward net-zero goals.
  • Customers and employees are pushing businesses from corporate-responsibility promises toward effective ESG commitments.
  • 60% of business leaders say sustainability has a moderate or strong effect on long-term competitiveness and profitability.
  • 59% believe environmental issues are, or soon will be, material to business results.
  • Companies are advised to determine what matters most, create a realistic path to net-zero, prove measured progress and have top management model sustainable behaviors.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
13 Apr 2023, 18:38
Page published
14 Aug 2026, 08:26
Last updated
13 Apr 2023, 18:38
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