Extracting value from sustainability data will be key to enabling APJ businesses to prove return on investment. Less than a quarter (23%) are completely satisfied with the quality of the sustainability data they gather. This may be because there remains work to do to measure sustainability data directly, rather than rely on assumptions and estimates. APJ businesses trail the rest of the world when it comes to directly measuring energy consumption and emissions (79% in APJ vs. 83% globally), resource availability (76% vs. 79%), and materials use (71% vs. 76%).
A recent study by SAP reveals that organisations in Asia Pacific and Japan (APJ) see a moderate to strong relationship between sustainability and their organisation’s competitiveness (71%) and profitability (68%).
As such, 51% intend to increase their investments in sustainability over the next three years, with half expecting a positive financial return within the next five years.
