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Guide your company’s sustainability journey
STILL A WAY TO GO
In addition to the overall challenges described in the infographic, some points deserve more attention. In the maturity section, we see a necessity for improving the materiality analysis and external reporting components (more detailed analysis can be found in challenges 3.1 and 3.2. In performance management, weaker areas regarding material topics identified by companies are target setting and employee performance management. Consequently, defining targets and incentivising staff to reach available targets are areas with good potential to move the maturity of sustainability management forward.
In the integration section, capacity building is the area least developed, with sustainability training within companies emerging as the biggest challenge (more detailed analysis can be found on this in challenge 3.4 .) Despite good overall results, the remaining two components also have important areas that fare weaker and are important elements of an integrated company structure and culture. An example of this is mapping stakeholder expectations and risk assessment (especially with regards to the assessment of supply-chain risks).
Integration results resonate well with the results of the maturity section, as the materiality analysis process also suffers from lack of stakeholder engagement, while the lack of function specific training is a category that ties in well with the challenges that companies face in incentivising staff on sustainability topics (employee performance management). These two elements will be discussed in further detail in challenges 3.2 and 3.3.