🌱 Sustainable investing is becoming a powerful force in financial markets, attracting investors seeking financial returns while prioritizing hashtag
#ESG criteria.
🇩🇪 Germany, known for its commitment to sustainability, excels in growth, employment, social security, and environmental protection. Many German companies are dedicated to their social responsibility, making it one of the world’s most sustainable industrialized nations.
We have just released a report that covers an in-depth analysis of corporate sustainability in Germany, focusing on recent years while also considering historical data.
The report examines the efforts and achievements of German companies in various sectors regarding their ESG performance.
Some highlights include:
▶ In 2023, 36% of German companies had dedicated sustainability departments, and 9% had cross-departmental sustainability management.
▶ Only 15% of the public felt industries had done enough to protect the environment, with environmental organizations perceived as leading efforts.
▶ 80% of B2B companies reduced energy usage, and 59% implemented paperless processes to enhance sustainability.
▶ Digitalization spending is predicted to drop from 23% in 2023 to 7% in 2024, indicating that companies are reducing digitalization spending, potentially impacting sustainability advancements.
▶ Accelerated digitalization in the energy sector could save 26.4 million tons of CO2 by 2030.
▶ In 2023, 54% of companies cited lack of time and qualified workers as major barriers to digital development.
▶ The most sustainable employer in Germany according to employee ratings in 2023 was Tomorrow, followed by TPL-Escher and Decadis.
▶ Ranking of the most sustainable SMEs in Germany in 2023:
1. elobau
2. Rapunzel Naturkost
3. STEICO
4. AIXTRON INC
5. Bohlsener Mühle
6. VILSA-BRUNNEN Otto Rodekohr GmbH
7. VAUDE
8. Evotec
9. Xella Group
10. Südpack Holding GmbH
▶ Ranking of companies with the best digital corporate social responsibility (CSR) activities in Germany in 2023:
1. REWE Group
2. Deutsche Telekom
3. Schaeffler
4. Merck KGaA, Darmstadt, Germany
5. Mercedes-Benz AG
6. BASF
and others.
🟣 To discover more, make sure you get your free copy from the link in the comments!
#dealpotential #sustainability #ESG #germanystartups #ESGreports #corporatesustainability
Every action counts. Glad to see companies taking required measurers to build a sustainable world. 👏