Business Leaders Remain Focused On Sustainability Despite Economic Uncertainty

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4th November 2010, 03:38am - Views: 1419





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MEDIA RELEASE PR42032


Business Leaders Remain Focused on Sustainability Despite Economic Uncertainty


NEW YORK, Nov. 3, 2010 /PRNewswire-AsiaNet/ --


            Nearly All Plan to Maintain or Increase Spending on CSR


    Despite continuing uncertainty about the world's economy, results from the "BSR/GlobeScan State of


GlobeScan_State_of_Sustainable_Business_Poll_2010_Final.pdf ) released today show more than eight in 10

respondents (84 percent) are somewhat or very optimistic that global businesses will embrace CSR/sustainability

as part of their core strategies and operations in the next five years. Nearly all (94 percent) of the 377 respondents,

drawn from a majority of BSR's global network of more than 250 member companies (http://www.bsr.org/member-

list), also said that their companies plan to maintain or increase their budgets for CSR/sustainability programs in the

year ahead, and nearly three-quarters expect to increase the amount of internal and external CSR/sustainability

communications as well.


    "When the recession hit with full force two years ago, we urged our members to stick with sustainability as a key

to achieving long-term business success," said BSR President and CEO Aron Cramer. "It's very encouraging to

see that, even in a world still marked by instability and change, they're staying the course."


    "BSR member companies continue to demonstrate a strong commitment to sustainable business," said Chris

Coulter, senior vice president at GlobeScan, which conducted the survey on behalf of BSR. "These findings will

reinforce the direction that many leadership companies are headed, and prompt others to join them."


    The survey was released today at the start of the BSR Conference 2010

(http://www.bsr.org/bsrconferences/2010), where more than 1,000 senior business executives, entrepreneurs, and

leaders from the public sector and civil society are gathered to focus on integrating CSR and sustainability

practices into strategy and core business.


    Top Sustainability Priorities in Year Ahead: Climate Change, Labor/Human Rights

    The business leaders surveyed cite climate change, workers' rights, and human rights as the top priorities for

their companies' CSR/sustainability efforts in the year ahead.


    Climate change remains an important focus of these efforts, with 63 percent of respondents selecting it more

than any other issue as either a "significant" or "very significant" priority. However, the urgency around climate

change appears to have decreased from last year, when the Copenhagen climate summit was approaching: The

proportion of respondents who considered it a "very significant" priority declined from 41 percent in 2009 to 27

percent this year-a drop from first on the list to third.


    Social issues advanced in the rankings this year, with workers' rights taking the most notable jump, moving to

the top of the list of "very significant" priorities (selected by 32 percent) for companies' CSR/sustainability efforts in

the year ahead, followed by human rights (31 percent), climate change (27 percent), and water quality/availability

(19 percent) on the list of "very significant" priorities. Underscoring the increased attention to social and economic

questions, workers' rights and human rights are the only two issue areas among a list of seven where the

proportion of respondents who considered it to be a "very significant priority" has remained stable or increased

compared to 2009.


    Drivers of Public Trust, Business Leadership, and Ongoing Success

    Respondents believe that business continues to experience a lack of trust from the public and identified three

important actions companies should take to address this gap: "measuring and demonstrating positive social and

environmental impacts" (selected by 54 percent of respondents); "increasing the transparency of business

practices" (53 percent); and "responding promptly and effectively to accidents, product quality issues, and other

incidents" (43 percent).


    Respondents were also asked to pick the three areas where companies are demonstrating the most leadership

today, and the three actions that will drive ongoing business success. Both questions yielded the same top three

responses: "creating innovative products and business models designed for sustainability" was selected most often

(by 40 percent for leadership, and by 66 percent for business success); followed by "measuring and demonstrating

positive social and environmental impacts" (selected by 39 percent for both); and "responding promptly and

effectively to accidents, product quality issues, and other incidents" (35 percent and 39 percent, respectively).

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    Cramer and Coulter will hold a private briefing for members of the press on the complete survey results during

the BSR Conference (Thursday, November 4, 11:30 a.m.-12:30 p.m.). To join in person or by phone, contact Amon

Rappaport at arappaport@bsr.org or +1-510-435-2292.


    About the Research

    The "BSR/GlobeScan State of Sustainable Business Poll 2010" was conducted from September 29 to October

11, 2010, among a sample of 377 professionals from around the world drawn from 60 percent of BSR member

companies and organizations. View the full report ( 



10.pdf) for more detailed information on the topics above and others including: return on investment, sustainable

consumption, which industries are viewed as most responsible, the most significant developments last year and

next year, and more.


    About BSR

    A leader in corporate responsibility since 1992, BSR works with its global network of more than 250 member

companies to develop sustainable business strategies and solutions through consulting, research, and cross-sector

collaboration. With offices in Asia, Europe, and North America, BSR uses its expertise in the environment, human

rights, economic development, and governance and accountability to guide global companies toward creating a just

and sustainable world. Visit http://www.bsr.org for more information.


    About GlobeScan

    GlobeScan is an international opinion research consultancy. Companies, multilateral institutions, governments,

and NGOs trust GlobeScan for its unique expertise in reputation research, sustainability, and issues management.

GlobeScan provides global organizations with evidence-based insight and advice to help them build strong brands,

manage relations with key stakeholders, and define their strategic positioning. GlobeScan conducts research in

over 90 countries, is certified to the ISO 9001:2008 standard for its quality management system, and is a signatory

to the UN Global Compact. Established in 1987, GlobeScan is an independent, management-owned company with

offices in London, Toronto, and San Francisco. http://www.GlobeScan.com.



    SOURCE: BSR


    CONTACT: Amon Rappaport, 

             Communications Director, BSR, 

             +1-510-435 2292, 

             arappaport@bsr.org


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