June 23, 2022: GlobeScan SustainAbility Leaders Survey 2022 ranks Tata group number 1 in the Asia Pacific on Sustainability. The group has now featured in the global top 15 for the second time in three years and is the only Asian company to do so.
While Unilever, Patagonia, and IKEA feature at the top of the global list as the most frequently recognized corporate leaders on sustainability, the Tata group is ranked close after Google and Nestle, and at the same level as Walmart, and Apple and Marks and Spencer who are known as sustainability leaders. In the Asia Pacific, Tata group leads by a big margin as compared to peers like City Developments (Singapore), Mahindra, ITC and Samsung.
The top 3 drivers for recognizing companies as leaders were ‘Integration into business strategy’, ‘Evidence of impacts’ and “Sustainable products and services”, demonstrating our group’s strategic focus on sustainability. The survey also highlights climate change, biodiversity loss, food and water scarcity and plastics as the most urgent sustainability challenges facing humanity according to experts.
The recognition comes at an opportune moment, when the Tata group has recently announced bold targets on environmental sustainability aspects of Climate change, Circular economy and Nature and biodiversity.
Since 1997, the Leaders Survey has tracked global expert opinion on the evolution of the sustainability agenda as well as the companies perceived to be leaders by experts. The 2022 survey was conducted with over 700 qualified sustainability experts who were drawn from varied sectors such as Government, Academia and Research, NGO, Corporate and Service & Media. Experts surveyed spanned 73 countries across Africa & Middle East, Latin America, North America, Europe and Asia Pacific regions.
The complete survey report is available for download here - https://globescan.com/2022/06/23/2022-sustainability-leaders-report/
