A recent global rating report by non-profit data tracker CDP and global professional services firm Oliver Wyman showed that a group of global companies are still prioritizing sustainability, in spite of the rise of geopolitical and economic uncertainty and the recent wave of environmental, social and governance (ESG) rollbacks in the U.S. and Europe, according to an op-ed piece by Sharon Kits Kimathi.
She noted that she spoke to Sherry Madera, Chief Executive Officer at CDP, who was pleased to see that companies are still prioritizing transparency and not backing away from their climate targets.
“We have evidence that there are still companies maintaining the hard work which is the counter argument to the trend of people saying ESG is dead,” said Madera.
The report used data from 10,000 of the world’s largest organizations to assess how they are reducing their environmental impacts based on their science-based targets initiative (SBTi) disclosure, awareness, management and leadership.
Although sustainability is not a competition – as the main winners are all of us – it’s still good to recognise and celebrate companies and countries driving change.
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