Regenerative approach essential to align sustainability ambition and action in Asia Pacific’s growing economy: Kearney
- Less than one-third of businesses in the Asia Pacific region have decarbonization plans acutely aligned with the Paris Agreement
- The majority view sustainability as a cost to business rather than an opportunity (72%), hindering the full integration of sustainability into business operations
- The majority of companies lack sustainability targets aligned with significant impact areas
- Over 40% of companies believe they are embracing regenerative sustainability practices in the region; but only 35% of companies aspire to achieve this within the next 1-3 years
SINGAPORE - Media OutReach Newswire - 27 March 2024 - A new study launched today by Kearney finds that despite widespread commitment to achieving net zero by 2030, less than one-third of businesses across the region have decarbonization plans that are acutely aligned with the Paris Agreement, indicating a slower pace of progress towards global net zero targets.
