2023 Key Sustainability Trends and Developments in EMEA
This IDC Market Perspective provides an overview of the key trends and developments on corporate sustainability and ESG in Europe. Decarbonization continues to be a core focus, with the need to also measure scope 2 and 3 (and potentially 4) emissions. Topics such as the nature agenda, circularity, and sustainable business transformation are also starting to be addressed."Sustainability efforts by European companies are evolving from ambition to action, driven by various factors such as energy price hikes, stakeholder scrutiny, and regulation at the EU and national levels. Technology providers have opportunities in helping clients with advanced data collection and analytics and supporting their sustainable business transformation," said Katharina Grimme, associate vice president and research lead on sustainability in IDC Europe.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Key Trends in 2023
- The Energy Crisis Accelerates Decarbonization and Diverts Attention
- ESG Disclosure Challenges: Calls for Transparency
- Sustainable Supply Chain
- Circularity: Driven by the Rollout of Digital Product Passport Requirements
- Acceleration of Sustainable Business Transformation
- Skills Shortage Calls for New Leadership
- Outlook: What Are the Newly Evolving Topics?
- Beyond Decarbonization, New Environmental Topics Are Evolving
- Pressure from Society and Consumers Intensifies in Europe
- The Low-Hanging Fruit has been Picked: The Search for a Business Case
- Danger of a Tech Backlash
- Broader Trend Forming Against the Current Economic System
- Advice for Technology Suppliers and Services Providers
- Expand Your Sustainability Capabilities Beyond ESG Reporting
- Build Environmental Solutions Beyond Decarbonization
- Target Sectors with High and Hard-to-Abate Emissions
- Build Out a Strong Partner Ecosystem and Collaborate
- Accelerate Your Own Sustainability Journey and Be Transparent About Your Achievements — and Shortcomings
- Learn More
- Related Research
- Synopsis
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