GHD Advisory research reveals what is holding organisations back from executing sustainability strategies

GHD Advisory research reveals what is holding organisations back from executing sustainability strategies

DUBAI, United Arab Emirates--(BUSINESS WIRE/AETOSWire)-- On the eve of the 28th Conference of Parties (COP28), GHD Advisory, a leading professional services company, today published the results of its global corporate sustainability research to uncover what’s holding organisations back from executing their sustainability strategies.

GHD Sustainability Monitor 2024: From Ambition to Action found that the scale of sustainability ambition is unnerving for most organisations and the gap between intention and action is significant. While a promising 97 percent of executives believe that their sustainability agenda is adding commercial value, more than 50 percent of executives feel that economic uncertainty has reduced or significantly reduced commitments and actions.

COP28 is a crucial moment for organisations and governments to evaluate progress on climate action and identify pathways towards increasing the rate of progress on sustainability. GHD is attending COP28 with a strong on-the-ground presence and program of activity across the blue and green zones, as well as Climate Action’s Sustainable Innovation Forum.

Research highlights:

The global research of 550 executives across the United Arab Emirates, United Kingdom, United States, Canada, New Zealand, Australia, and India examines the state of corporate sustainability.

95 percent of executives say that sustainability is central to their organisation’s vision and strategy. Executives