Wednesday, May 27, 2015

Home News Companies continue to increase spending for sustainable activities

Companies continue to increase spending for sustainable activities

Survey shows companies also expect to spend more in 2011

David Kuack | January 17, 2011

Even with the recession and economic downturn, companies say they are increasing their spending on sustainable activities. The second annual Sustainability & Innovation Global Executive Study conducted by MIT Sloan Management Review and the Boston Consulting Group also found that companies expect the spending to increase further this year.
More than 3,100 managers and executives, representing every major industry and region of the world, participated in the survey. More than half of respondents reported that they had either “increased” or “significantly increased” management attention and investment, and the trend is speeding up. The largest change projected for the coming year is in the category of organizations planning to “significantly increase” investments, which jumped by almost a third.
Based on the responses to other survey questions most companies indicated there is a growing sense that sustainability demands strategic attention. Even though the respondents consider sustainability to be worth their company’s attention, only about one in three executives are able to say with any conviction that sustainability is currently adding to their profitability.

Top news

PSI: The “Sneaky Insect Pest”

Mealybugs are difficult to spot in their early stages. Once they’re large enough to be seen, it’s usually too late to save your crops. How do you stop them before they start?

Cal Poly hort department head calls for industry advocates to help save program

A new plan for the San Luis Obispo school will demolish horticultural facilities to make way for student housing.

Royal Horticultural Society unveils action plan to grow UK ornamental hort industry

The plan identifies a dozen priority areas where government and industry could work together to aid long-term growth.

GrowIt! hosts hort student app contest

The grand prize includes networking opportunities at top events with industry leaders.

Hortica and Sentry Insurance sign affiliation agreement

The green industry insurance company will become part of the Sentry group, but will maintain its name and brand.

x