Corporate execs confident on sustainability goals, admit more work needed
Most companies have hit their near-term goals for greenhouse gas reduction, and some have advanced circular-economy projects. But to get to net-zero emissions, suppliers, customers, and dedicated corporate teams will all be needed. About six in 10 executives believe they can achieve their corporate sustainability goals over the next year, according to a recent global survey commissioned by Honeywell International. But only about 16% think they’ll do so primarily through technology-driven changes, such as upgrading or replacing existing systems with newer, more efficient or more sustainable technologies. The vast majority of the 600 business leaders surveyed — 62% — expect to hit their short-term goals mainly by modifying or eliminating operational processes or business behaviors.