18 Apr '11, 6pm

One third of businesses worldwide don’t have sustainability programs in place, according to a survey by @KPMG

One third of businesses worldwide don’t have sustainability programs in place, according to a survey by @KPMG

Corporate sustainability remains hot on international business radar. (Stock Photo) One third of businesses worldwide don’t have sustainability programs in place, according to a survey from KPMG’s Climate Change and Sustainability group. Yet of those, 70 percent expect to have a program in place within one to five years. 60 percent of the 378 senior executives from a variety of industries and geographies surveyed said they have some type of sustainability initiatives in place. That number was just about 50 percent in 2008, when a similar study was done. The study cites three main reasons for the slow pick-up of sustainability programs in the international business community. Firstly, there is a lack of common metrics and understanding of what sustainability programs actually accomplish financially. Along these same lines, two-thirds of the executives surveyed displayed a d...

Full article: http://earth911.com/news/2011/04/18/corporate-sustainabil...

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