Deep Green

A new breed of business is emerging as the world grapples with climate change. ‘Deep Green’ companies are encoding sustainability into their DNA. This report by Criticaleye Partner Cognizant explores how these organisations will use data, technology and collaboration to drive the next phase of their sustainability strategy.

Key takeaways include:

• Between 2020 and 2025, the percentage of respondents increasing their sustainability spending by 10 percent or more nearly doubles.
• Respondents’ sustainability initiatives are primarily focused on their internal operations – including what’s commonly referred to as Scope 1 emissions.
• 55 percent of respondents said the CEO is responsible for allocating budget for sustainability.