Grant Thornton:Global survey highlights growing business focus on sustainability in emerging markets

With momentum buildings towards the UN Climate Change Conference in Peru, new figures from Grant Thornton’s International Business Report (IBR), a survey of 2,500 companies in 34 economies, reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.

This is the key finding from Sustainability: changing the debate in emerging markets which reveals a keen appetite in emerging markets for clean energy technology, with business leaders reporting that the cost, reliability and sustainability of energy is a priority for their expansion. Over three-quarters (76%) of African business leaders, 72% in Latin America and 67% in Southeast Asia say that the cost of energy is important to their growth strategy over the next 12 months; this compares with just over half in Europe and North America. Reliability of the energy supply is also vital, with businesses in Africa (71%), Eastern Europe (71%) and Latin America (65%) most likely to cite supply as important to their growth strategy.

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