The EU Green Deal, adopted in December 2019, will affect nearly every area of business, including tax, manufacturing, procurement, supply chain management, finance, human resources and corporate reporting. Organizations will need a comprehensive and long-term effort to respond to all of this. A PricewaterhouseCoopers Latest Survey However, less than half (40%) of companies are aware of the EU green agreement and only about half (49%) consider their company ready for a wide range of new requirements.
The survey asked nearly 300 business leaders from ten countries in the European Union (plus Norway, Switzerland and the United Kingdom) about how their companies are responding to the EU’s Green Deal. The Green Deal aims to encourage investment in low-carbon technologies, increase energy efficiency and the transition to zero-emissions energy sources, as well as reduce consumption of natural resources and better protect natural habitats.
According to Balázs Bozsik, Head of Sustainability and Business Services ESG at PwC Hungary, the lack of knowledge about the Green Deal in the survey shows that most companies do not yet have a coordinated business plan to adapt to the upcoming changes as effectively as possible. Most companies are taking steps on sustainability initiatives little by little, along a long-term program. And for the managers interviewed, the challenge is understanding and managing all dimensions of the green deal for their company as a whole.
Read the full article at: www.retailcrowd.co.uk
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