Executives Have Doubts About Profitability of Sustainability in The Short-Term

Executives Have Doubts About Profitability of Sustainability in The Short-Term

The Economist Intelligence Unit Survey finds mixed results in a poll of 202 executives in the financial and corporate social responsibility sectors. Many executives believe that sustainability practices will have a significant effect on their company’s bottom line in the long run. However, short term results are less optimistic. Executives report the main roadblocks to sustainable practices as the lack of participation in reporting firms, as well as low cash incentives.

As The Recession Pushes Businesses into Survival Mode, Companies Will Become Less Committed to Climate Change

Climate change will fall down the corporate agenda as the global economic crisis continues. However, the global recession is having a mixed effect Many firms will make energy efficiency a high or moderate priority over the next two years in a bid to cut costs. Forty percent of executives surveyed also say their firms have developed new products or services.