State of Sustainability Norway Survey 2020

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✅ Walk the talk:7 Strategic Commitments1. Top level commitment (Board, CXOs)2. Materiality: Focus on the most significant topics of impact3. A core strategic orientation towards sustainability4. Innovate on sustainability to create maximum positive impact5. Involve all stakeholders in implementing strategic sustainability6. Increase competence levels in sustainable business7. Zero negative impact through using existing frameworks+ A commitment for the most ambitiousand dedicated companies#SHUB
Summary of findings●Norwegian companies have increased the level of ambitionfor sustainability considerably over the past year, but theimplementation is generally too slow● Ethics and compliance “trumps the chart”, but 9 out of 10say they have sustainability as part of the core strategy●●The level of competence in sustainable business amongcompanies is at a relative low level. Only 14% say that theyhave very high competence on sustainability in the managementteam and 10% for the board respectively7 out of 10 companies indicate that they have to makechanges to their business model by 2030●●The very best have clearly higher competence and integratesustainability in the whole company. Indications of a linkbetween internal sustainability focus and increased profitabilityHalf of the companies say they get more customers andsave costs with sustainability. 60% report getting moreengaged customers and employees; indications thatsustainability contributes to increased profit with the right focus●●In order to develop a sustainable business model, the rightcompetence and a strategic focus on sustainability internallyare crucial. Companies and managers must invest time andresources in their employees and give them a clear mandate tomake change happenPointing in the direction that the companies of the future thatsucceed have integrated sustainability in the daily operations andas part of the business foundation and strategic ambitionsState of Sustainability in Norway 2020
Page 1 and 2: State of Sustainability Norway 2020
Page 3 and 4: Demographics and RoleState of Susta
Page 5 and 6: State of Sustainability in Norway 2
Page 7 and 8: INCREASED PRESSURE AND FOCUS ON SUS
Page 9 and 10: Companies report thesefactors as th
Page 19 and 20: Financial performance38%19%33%71% o
Page 23 and 24: Resources Summarized55% of companie
Page 27 and 28: Reporting on sustainabilityState of
Page 33 and 34: CORRELATIONSState of Sustainability
Page 35 and 36: Significant drivers of economic per
Page 37 and 38: Which factors explain the focus ons
Page 39 and 40: Which factors explain the level oft
Page 41: Accelerate the implementation - Ste

State of Sustainability Norway Survey 2020

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