Asia businesses yet to see value from sustainability strategies

A RECENT research study by Oxford Economics and SAP has revealed that for Asia businesses, work remains to be done to drive value from sustainability. While 66 percent of businesses do not think it's difficult to be sustainable and profitable at the same time, just 8 percent said they presently receive significant value from their sustainability initiatives.

This may be because many organizations remain disconnected from sustainability plans and actions. On average, 60 percent of businesses have a clearly communicated sustainability plan, with Japan leading at 68 percent while Indonesia scoring lowest at 46 percent.