Global Corporate Survey 2023: Net Zero Budgets, Priorities and Tech Preferences

Table of contents

Global Survey Reveals Corporate Net Zero Strategic Priorities
Global Survey Features 350 Net Zero Executives Across Geographies And Industries
Sustainability Leaders Are Translating Net Zero Promises To Business Priorities
Climate Change Strategies Are Most Frequently Aimed At Gaining Competitive Advantage
Net Zero Target-Setting Dominated 2022 Climate Disclosures Work
Executives Will Prioritize Embedding Decarbonization In Operational Functions In 2023
Decarbonization Priorities Reveal The Need For Cross-Department Collaboration
Net Zero Strategies Still Lack Full Support From Accompanying Business Functions
Sustainability Leaders Control Large And Fast-Growing Budgets For Net Zero Progress
Most Firms Anticipate Double-Digit Spend Increases In 2023
Climate Change Digital Strategies Are Dominated By Carbon Management Concerns
Improving Carbon Data Quality Is The Top Digital Priority For Net Zero Leaders
Market Penetration Of Digital Technologies For Net Zero Use Cases Is Low

Table of figures

Figure 1. 85% Of Survey Respondents Represent Firms With Revenues Of $1bn Or More 
Figure 2. Survey Respondents Represent Five Core Geographical Regions
Figure 3. Survey Respondents Represent Industries With Varied Business Models
Figure 4. Corporate Emissions Profiles Reflect Core Business Models
Figure 5. Competitive Advantage Is The Most Common Climate Change Strategic Ambition
Figure 6. Brand Reputation Is The Most Important Factor Influencing Net Zero Strategies
Figure 7. The SBTi Was The Most Important Climate Disclosure Framework In 2022
Figure 8. Firms Will Prioritize Operational Decarbonization Over The Next Three Years
Figure 9. Most Firms Expect Scope 3 Data To Meet Financial Audit Requirements After 2025
Figure 10. Core Climate Change Functions Are Responsible For Corporate Net Zero And Climate Risk Strategies
Figure 11. Net Zero Strategies Are Challenged By A Lack Of Cross-Department Collaboration
Figure 12. More Than Half Of Respondents Anticipate Double-Digit Increases In Net Zero And Climate Risk Spend In 2023
Figure 13. CSOs Were The Chief Funders For Net Zero And Climate Risk Initiatives In 2022
Figure 14. Firms Expect Greatest Software Spend Increases On Carbon Accounting Use Cases Over The Next Two Years
Figure 15. Voluntary Carbon Reporting Is The Highest Priority Digital Use Case Over The Next Two Years
Figure 16. Respondents Prioritize Commercial Software Solutions For GHG Emission Reduction Use Cases
Figure 17. Majority Of Respondents Report Strong Support From IT Departments For Net Zero Strategies