“Legislative Action and Disclosure Standards: Key Drivers of Sustainability Agenda, According to Experts”

According to the newly released Sustainability Leaders 2024 Survey by GlobeScan, one-third of sustainability experts have identified legislative action as the most significant positive development related to the sustainability agenda in the past year. This highlights the importance of government intervention in driving sustainable practices and initiatives.

The survey also highlights the importance of new sustainability disclosure standards, as well as a range of actions on climate, nature, renewables, and low-carbon initiatives. These developments are crucial in ensuring transparency and accountability in sustainability efforts.

Moreover, the survey reveals that more green financing and increased public awareness are also seen as key breakthroughs in the sustainability space. This indicates a growing recognition of the importance of financial support and public engagement in driving sustainable practices.

Interestingly, the survey shows that while new legislation and disclosure standards are recognized as important developments across all sectors, they are particularly valued by sustainability professionals in the for-profit sectors. This suggests a shift towards more sustainable practices in the business world.

Experts based in Africa and the Middle East are more likely to point to increased public awareness of sustainability as the most significant positive development. This highlights the importance of education and awareness-raising in promoting sustainable practices in these regions.

Overall, the GlobeScan / ERM Sustainability Institute Leaders Survey provides valuable insights into the perspectives of almost 500 sustainability experts worldwide. It underscores the importance of legislative action, disclosure standards, green financing, and public awareness in driving the sustainability agenda forward.

For the second year in a row, legislative action has been identified as the top driver of the sustainability agenda, followed by disclosure standards. However, the survey also emphasizes that true sustainability leadership goes beyond compliance and requires companies to integrate sustainability into their core strategies and demonstrate tangible impacts.

In conclusion, the Sustainability Leaders 2024 Survey sheds light on the key developments and priorities shaping the sustainable development agenda. It serves as a valuable resource for understanding the current landscape of sustainability and the expectations placed on sustainability leaders in the coming years.