Global Corporate ESG Survey 2021: Adoption Drivers By Region

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Executive Summary

The accelerating adoption of ESG metrics by the financial community is radically changing the way firms think about sustainability management (see Verdantix Market Overview: Investor Focus On ESG Will Transform Sustainability Strategies). How are corporates adjusting their budgets and priorities for ESG information management in the face of these new market drivers? To find out, we asked a global panel of 400 senior ESG and sustainability executives to tell us the extent to which they estimate that spending on sustainability initiatives will change in 2022 compared with 2021 (see Verdantix Global Corporate Survey: ESG And Sustainability Governance, Strategies And Priorities). This report helps heads of strategy and marketing, and product leaders at ESG and sustainability software and services providers, explore market drivers and budget increase by region. Firms should use this report to inform their business planning and to keep track of the evolution of the ESG and sustainability market.

Table of contents

Global Corporate ESG Survey 2021: Adoption Drivers By Region 
ESG Budgets Will See Substantive Global Growth In 2022
Climate Change Policy Developments Drive Corporate ESG Engagement 

Table of figures

Figure 1. Change In ESG & Sustainability Spend In 2022 
Figure 2. Change In ESG & Sustainability Spend In 2022 By Region 
Figure 3. Top Drivers Of Corporate ESG & Sustainability Engagement 
Figure 4. Top Drivers Of Corporate ESG & Sustainability Engagement By Region 

About the authors

Yaowen Ma

Principal Analyst

Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and growth strategies across EHS, product stewardship, sustainability performance and ESG risk management. Yaowen has more than seven years of experience managing and delivering EHS and ESG research and consulting engagements to corporates, vendors, investors and industry associations. He holds a dual major bachelor’s degree in environmental management and international relations from the University of Pennsylvania.

Kim Knickle

Research Director, ESG & Sustainability

Kim leads the Verdantix ESG & Sustainability practice, addressing business challenges and priorities in ESG and sustainability through technology and services. Her current research agenda focuses on ESG regulatory and market drivers, sustainability reporting, risk management, supply chain sustainability, circular economy, social impact.  Knickle has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering, and product safety testing, beginning her career at Underwriters Laboratories, Inc.  Knickle holds a MBA from Boston University and a BS in electrical engineering from Cornell.

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