How important is ESG to CEOs? The majority of CEOs (74%) in the UK now believe that ESG is equally as important as financial performance, according to new research from ECI’s Growth Characteristics report. Although it may once have been considered a ‘nice to have’, both ESG and social purpose are now key to informing business strategies in 2023 and beyond.
The research, which saw responses from over 500 CEOs in the UK, has also found that social purpose has significantly progressed up leaders’ agendas since last year’s survey. Now, only 2% say it doesn’t inform their strategy at all, down from 15% last year.