Global Corporate Survey 2023: ESG And Sustainability Drivers And Spend Priorities By Industry

Access this research

Access all Corporate Sustainability Leaders content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

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
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

About the Authors

Luke Gowland

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...

View Profile
Kim Knickle

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...

View Profile

Other related content

Blog
Corporate Sustainability Leaders
Stuck In Quicksand: Decoding The Latest...

The beginning of 2025 saw significant uncertainty surrounding sustainability regulations. Twelve months later, that uncertainty hasn’t disappeared – in fact, the year has highlight...

27 November, 2025

Blog
Corporate Sustainability Leaders
Regulatory Clarity And Legal Uncertaint...

November 18, 2025 was a notable – and unusually eventful – day for California’s climate disclosure laws, SB 253 and SB 261. Two major developments unfolded simultaneously: CARB hel...

27 November, 2025

Webinar
Corporate Sustainability & Climate Change Services
Predictions 2026: Sustainability

Upcoming / 21 January, 2026

Blog
Corporate Sustainability Leaders
Why Presence – And Absence – Was Critic...

At COP30 in Belém, Brazil, negotiations focused on how to rein in climate change and protect natural resources. Like previous COPs, the formal agenda was dedicated to finance, emis...

24 November, 2025

Blog
Corporate Sustainability Leaders
Ledger-Based Carbon Accounting Will Upe...

On October 20, 2025, a new carbon accounting coalition, Carbon Measures, hit the market. Supported by prominent organizations across industry and finance – including BlackRock, BAS...

11 November, 2025

Blog
Corporate Sustainability Leaders
Nobel Ideas, Global Impact: Approaching...

On October 13, the Royal Swedish Academy of Sciences recognized the work of Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” by...

10 November, 2025