While there is a clear drive to align investment strategies with SDGs, organisations still have a long way to go before fully embedding these across their functions. Only one in four (26%) of respondents feel that their organisation is currently able to integrate ESG strategies across all aspects of their operations.
However, this is changing. There is a growing recognition of the need to build a diverse talent pool capable of offering fresh perspectives in order to integrate ESG capabilities across organisations. While many organisations tend to have a dedicated ESG resource in their investment teams, a cultural shift is underway to embed such capabilities more widely, with 39% of respondents planning to strengthen ESG practices across their own operations over the next 12 months. Those with a company-wide ESG vision are more optimistic about future allocations: 62% of them expect to dedicate 50% to 75% of their investments over the next two years in funds that incorporate ESG.
The practice of building ESG capabilities in-house is shifting to hiring professionals from non-traditional backgrounds, such as non-governmental organisations. Over the next 12 months, close to a third (29%) of respondents expect to hire new ESG talent from non-traditional backgrounds and 34% plan to either hire or increase the number of external ESG specialists.
The coming two to five years will witness the next wave of ESG integration. That means the laggards are running out of time to get the right structure, leadership and skills in place and embed ESG principles across their organisations.
- CBCSD and Members Participated and Suggested on the Project for Technical Regulation on Low-carbon Pilot Community
- CBCSD and Members Participated in the APEC Cooperation Network Construction Forum of Green Supply Chain
- Calculation Method of CO2 Emissions in Petroleum and Natural Gas Exploitation Enterprises & Calculation Method of CO2 Emissions in Water Network of Chemical Enterprises
- CBCSD Attended the Workshop for Environmental Protection and Sustainable Development and Delivered Introductions
- WBCSD: Tackling the Challenge, How to Make Informed Choices on Forest Product?
- The National New-Type Urbanization Plan Released, Board Members of CBCSD Help the Sustainable Development of Cities
- Board members of CBCSD Actively Participated in the Carbon Trading and International Climate Change Process
- Two industrial Standards Compiled by CBCSD Passed Examination
- Widespread Use of the Achievements Businesses Energy Saving and Greenhouse Gas Management
- CBCSD held Chemical industry enterprise value chain (range 3) greenhouse gas emissions, accounting and reporting guidelines
