People around the world are demanding more progress on environment, social, and governance (ESG) efforts and are looking to businesses to spark change, according to a new study, “No Planet B: How Can Businesses and Technology Help Save the World?” After surveying more than 11,000 consumers and business leaders across 15 countries, the study found that people are frustrated with the lack of progress society is making toward sustainability goals. They want businesses to step up and redefine what best looks like when it comes to ESG—and they believe that technology can make more of an impact than human efforts alone.
Pamela Rucker, CIO Advisor and Instructor for Harvard Professional Development, shares why future growth depends on the ESG decisions companies make today.
“Oracle makes it easier for us to get an overview of our spend and environmental impact, loads, carrier management, and even how we interact with our logistics providers.”
91% of business leaders are facing major challenges in making progress on sustainability and ESG initiatives, including:
93% of business leaders would trust a bot over a human to make sustainability and social decisions because bots are better at:
69% of survey respondents would leave their current company to work for a brand that takes DEI more seriously. In fact:
Business leaders understand the importance and urgency of environmental and social equity programs. 94% believe sustainability and societal metrics should now be used to inform traditional business metrics, such as:
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ESG programs matter a great deal to your customers, employees, and partners. Oracle’s next-generation cloud infrastructure and built-in AI technologies can help you overcome the challenges and complexities involved to set you up for ESG success.