Young Workers Demand Greater Corporate Action on Sustainability

Young Workers Demand Greater Corporate Action on Sustainability

BY  
AnhNguyen  
- September 26, 2024

The rising demand for sustainability is reshaping corporate priorities, with young professionals at the forefront. According to a recent survey by Indeed, 96% of Gen Z and millennial workers want their companies to do more in terms of sustainability. These younger generations are actively researching companies’ sustainability initiatives before accepting job offers, pushing for greater environmental action. This trend underscores the growing importance of ESG (Environmental, Social, Governance) and sustainability reporting in attracting top talent. 

Despite this demand, a study by EY shows that while 54% of CEOs have placed a higher priority on sustainability, only 16% view decarbonization and net-zero goals as top strategic priorities for the next 12 months. This slower approach may no longer align with the expectations of today’s workforce. 

For businesses, prioritizing sustainability doesn’t mean sacrificing profitability. Research by Deloitte indicates that 84% of business leaders believe global economic growth can be achieved alongside climate goals. In fact, companies with strong ESG ratings have reported annual returns of 12.9%, outperforming those with lower ratings. 

To meet these expectations, companies are encouraged to integrate dedicated sustainability teams and adopt long-term initiatives, such as remote work policies and local community projects, to reduce their carbon footprint. As McKinsey points out, sustainability efforts can lead to significant financial gains, improving operating profits by up to 60%. 

For companies looking to remain competitive and build a positive reputation, aligning their business model with sustainability is not just a necessity—it’s a strategic advantage. By enhancing sustainability efforts and making meaningful changes, businesses can improve their ESG performance while securing the loyalty of a younger, environmentally conscious workforce. 

Sources: 

https://www.fastcompany.com/91194530/96-of-young-workers-want-their-company-do-to-more-about-sustainability 

https://qoshe.com/fast-company/jody-mousseau/96-of-young-workers-want-their-company-do-to-more-about-sustainability/176691880 

https://aplentyicon.shop/96-of-young-workers-want-their-company-do-to-more-about-sustainability/?srsltid=AfmBOooO7jDJdSHZbBmNW9V0Gl3tT85jpWkWgGhXwsS9aCHUzFueBMJc 

https://newswav.com/article/96-of-young-workers-want-their-company-do-to-more-about-sustainability-A2409_6F1RTk

Comienza a usar la Herramienta ESG de Seneca hoy

Monitorea el desempeño ESG en carteras, crea tus propios marcos ESG y toma decisiones empresariales mejor informadas.

Toolkit

Seneca ESG

¿Interesado? Contáctanos ahora

Para contactarnos, por favor llena el formulario a la derecha o envíanos un correo directamente a la dirección de abajo

sales@senecaesg.com

Oficina de Singapur

7 Straits View, Marina One East Tower, #05-01, Singapur 018936

+(65) 6223 8888

Oficina de Barcelona

Carrer de la Tapineria, 10

Ciutat Vella, 08002, Barcelona, Spain

+34 612 22 79 06

Oficina de Taipéi

77 Dunhua South Road, 7F Sección 2, Distrito Da'an, Taipéi, Taiwán 106414

(+886) 02 2706 2108

Oficina de Lima

Av Jorge Basadre Grohmann 607 San Isidro, Lima, Perú 15073

(+51) 951 722 377