Accenture, an Irish-American technology and consulting firm, analyzed data to best comprehend how companies pursue sustainable practices and in part, it shows that business leaders can struggle to find the balance between clean transitions and staying on the traditional corporate course.
To understand the barriers that hinder sustainable practice adoption, Accenture conducted a study involving 140 World Economic Forum leaders and identified five key issues that prevent companies from incorporating sustainable practices. Those issues included: complexity, cost, speed, reliability, and practicality.
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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.
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