Nine out of 10 businesses (91%) worldwide (and more than four out of five in Canada) see recovery efforts from the COVID-19 pandemic as an opportunity to make their operations more environmentally sustainable. More than three out of five (61%) Canadian businesses say sustainability is as or more important to their business today than it was at the start of the year.
Employees, regulators and investors are demanding that the organizations they align themselves with make a concerted effort to improve their efforts surrounding sustainability.
To thrive in the future of work, Canadian companies will need to wear their sustainability on their sleeves.
The first half of 2020 has been challenging for all Canadian businesses, but it’s heartening to see that lessons learned and priorities re-evaluated during this period could act as an accelerator for corporate environmental sustainability efforts.
Nine out of 10 businesses (91%) worldwide see the recovery phase of the COVID-19 pandemic as an opportunity to make their operations more environmentally sustainable.(HSBC Navigator: Building back better)
Eighty-four per cent of Canadian business leaders say that the need to review their operations due to COVID-19 will enable them to rebuild their business on firmer environmental foundations.(HSBC Navigator: Building back better)
One in three (33%) Canadian business leaders expect to see increased pressure from employees to operate in a more sustainable manner over the next two years, while one in four (27%) expect the same pressures to come from shareholders, owners and investors.(HSBC Navigator: Building back better)