Home » Industry Supply Chain News » EY: 97% of MENA CEOs say sustainability is important as a driver of value

EY: 97% of MENA CEOs say sustainability is important as a driver of value

March 24, 2022 EcoVadis EN


The EY CEO Survey 2022, part of the CEO Imperative Series, reports that sustainability is a key priority for almost all MENA executives, with 97% naming environmental, social and governance (ESG) principles ‘extremely or more important’ as a driver of value over the coming years, more than other parts of the world.

Of the respondents, 29% see sustainability as an opportunity to gain a competitive advantage. As such, a number of companies are looking to embed sustainability into their business strategies as they plan for the future.

One-third (33%) of MENA respondents say that pressure from governments, regulators, and society are the primary drivers of their sustainability strategy. And while MENA companies may be encountering resistance from some investors regarding their sustainability transition strategy, they also recognize that it is an important factor in attracting sustainability-minded investors and talent.


Read the full article at: www.zawya.com

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Coffee companies urged to step up efforts to tackle sector’s sustainability issues 
Coffee companies urged to step up efforts to tackle sector’s sustainability issues 

Global coffee demand is growing but the coffee sector is struggling to tackle sustainability issues at far...

Next Article
The EU wants to be a global leader in the fight against greenwashing, but it has a long way to go
The EU wants to be a global leader in the fight against greenwashing, but it has a long way to go

Corporate greenwashing is an increasingly contentious topic around the globe. Now, European policymakers cl...

×

Don’t Miss a Thing
Get sustainable procurement news from around the world straight to your inbox

Subscribe →

First Name
Last Name
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!
Return to Home