Global Corporate Survey 2023: ESG And Sustainability Drivers And Spend Priorities By Industry
06 Dec, 2023
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Executive Summary
This report, based on findings from the Verdantix 2023 global corporate survey of 400 senior ESG and sustainability leaders, provides a benchmark of ESG and sustainability drivers and spend priorities by sector. Sustainability executives can use this report to compare their firms’ priorities and budget allocation against industry peers. Technology firms and service providers can use it to align product strategies with the evolving demands of buyers across industries. In our survey, we interviewed 400 senior ESG and sustainability decision-makers at organizations with revenues of at least $250 million, spread across five geographical regions with headquarters in 35 countries (see Verdantix Global Corporate Survey 2023: ESG & Sustainability Budgets, Priorities And Tech Preferences).
Global corporate survey 2023: ESG and sustainability drivers and spend priorities by industry
CEO vision drives commitment to sustainability initiatives
Firms encounter barriers as they seek to improve sustainability performance
Spend on ESG and sustainability software will continue to grow in 2024, driven by regulatory pressure
CEO vision drives commitment to sustainability initiatives
Firms encounter barriers as they seek to improve sustainability performance
Spend on ESG and sustainability software will continue to grow in 2024, driven by regulatory pressure
Figure 1. Industry analysis of ESG and sustainability drivers in 2023
Figure 2. Industry analysis of ESG and sustainability challenges faced by organizations
Figure 3. Industry analysis of ESG and sustainability spend priorities
Figure 4. Top three priorities when selecting a software provider for ESG and sustainability initiatives
Figure 5. Industry analysis of AI integration
Figure 2. Industry analysis of ESG and sustainability challenges faced by organizations
Figure 3. Industry analysis of ESG and sustainability spend priorities
Figure 4. Top three priorities when selecting a software provider for ESG and sustainability initiatives
Figure 5. Industry analysis of AI integration
Sustainalytics, National University of Singapore (NUS), dss+, Los Angeles Department of Water and Power (LADWP), Netherlands Authority for the Financial Markets (AFM), Deepki, WTW, Stanford University, SLR Consulting, WSP, NAVEX, Arcadis, ERM, Diligent, International Council on Mining and Metals (ICMM), Datamaran, MESA Group, C3 AI, Science Based Targets initiative (SBTi), DWS, Switzerland Federal Department of Finance (FDF), Measurabl, US Securities and Exchange Commission (SEC), Conservice ESG, PwC
About the Authors
Luke Gowland
Senior Analyst
Luke is a Senior Analyst at Verdantix, specializing in ESG and sustainability reporting software and financial ESG. He advises both technology buyers and software vendor and s…
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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