Almost all decision-makers surveyed state ambitious goals / Only a few companies succeed in operationalizing the ESG goals or using high-quality ESG data to steer the transformation / Only a small group of respondents – the ESG champions (6 percent ) – successfully transforms entire value chains in order to be competitive in the long term
Dusseldorf, February 14, 2023
Companies worldwide set themselves ambitious ESG goals, but only 6 percent implement the necessary measures in full. Most companies (53 percent) are still in a relatively early stage of ESG transformation and are only implementing basic measures such as offsetting carbon emissions with carbon credits. These are the findings of the “ESG Empowered Value Chains 2025” study, for which the auditing and consulting firm PwC Germany (PwC) surveyed over 900 executives worldwide on the status quo of their ESG transformation. The study suggests that many companies are struggling to implement actions that are sometimes complicated and difficult to measure, such as redesigning products or improving diversity and inclusion. Meanwhile, a small group of advanced companies, which the study authors categorize as ESG champions, are making efforts to integrate ESG measures throughout their value chain to make themselves and their suppliers more sustainable and competitive.
