A study of businesses has found that although environmental, social and governance (ESG) issues have shot up the corporate agenda in recent years, companies have taken a muddled approach to organising their sustainability function.
The global survey of 300 companies, conducted by WSJ Pro, a premium content subscription service run by publisher Dow Jones, assessed the readiness of corporations to tackle sustainability issues. Across 300 firms globally, it identified as many as 44 different job titles for the same executive role in charge of the companies’ sustainability function.
The study found that large, publicly-listed companies are more likely to have dedicated professionals leading and working on sustainability, and are four times more likely than smaller firms to have grown sustainability headcount over the past year. Read more…
