This report serves as a practical roadmap for consumer-oriented companies seeking to fortify their business strategies for the future. It advocates transitioning towards synchronised, intelligent, and sustainable business models. Notably, the report features valuable contributions from seasone d experts with executive backgrounds at renowned companies such as L'Oréal, Marks & Spencer, Pernod Ricard, Danone, and Mazars.
Expert opinions from the world's leading consumer companies
Data quality (37%) and data tracking (28%) are the top two impediments to producing a sustainability report.
37%
Most businesses already produce a sustainability report.
65%
Businesses must prioritise measuring and enhancing their ESG performance while harnessing cutting-edge technologies to accelerate transformation.
In 'Sustainable, Smart, and Synchronised,' we delineate a strategic roadmap encompassing vital measures, including the recalibration of key performance indicators, the comprehensive collection of data about pertinent metrics like biodiversity impacts and supply chain labour rights, and the cultivation of substantive and actionable insights aimed at propelling sustainability strategies and progress.
Furthermore, on a practical level, our study provides a meticulous, step-by-step manual for operationalising transformation. This includes assembling a diverse pool of talents and skills at all organisational levels, enhancing diversity and inclusion, collaborating with suppliers to improve efficiency and ESG outcomes, and fostering partnerships with other businesses and stakeholders in a collective pursuit of sustainable excellence.
How ESG and technology can enable resilience and adaptability in the consumer sector
Businesses plan to increase investment in sustainability initiatives in 2023.
68%
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using technology to accelerate the ESG transition in the consumer sector
Sustainable, smart, and synchronised:
Mature markets are witnessing a transformation in consumer demand trends, with consumers increasingly shifting their preferences away from conventional products and services. Instead, they gravitate towards offerings aligned with environmental, social, and governance (ESG) objectives. Our report, 'Sustainable, Smart, and Synchronised,' provides comprehensive insights into how consumer-focused companies can leverage ESG principles and digital transformation to prosper in this evolving landscape.
Over a third are “completely ready” to meet new ESG reporting requirements; another 38% are “mostly ready”.
36%
"The changing preferences of consumers are evident – they seek convenience as shoppers, yet they aspire to make sustainable choices as responsible citizens. By embracing both digital and sustainable transformations, businesses can proactively and methodically position themselves for the future to address these sometimes conflicting demands."
using technology to accelerate the
ESG transition in the consumer sector
Sustainable, smart, and synchronised:
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Emer O'Riordan
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Partner, Audit & Business Advisory
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Download the report
Emer O'Riordan
Download the report
Download the report
Partner, Audit & Business Advisory
Investing in a sustainable future
59%
of consumer CxOs have budgeted costs for implementing sustainability strategies and reporting.
of companies say data quality challenges are one of their biggest obstacles to sustainability reporting.
45%
of consumer company CxOs say transforming company technology is one of their top strategic priorities.
33%
In 'Sustainable, Smart, and Synchronised,' we delineate a strategic roadmap encompassing vital measures, including the recalibration of key performance indicators, the comprehensive collection of data pertaining to pertinent metrics like biodiversity impacts and supply chain labor rights, and the cultivation of substantive and actionable insights aimed at propelling sustainability strategies and progress.
Technology and digital consulting
There’s always an opportunity with new technology: There’s always a robust digital solution.
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Sustainability and ESG
Sustainability and ESG must be at the heart of every organisation's business model.
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Integrated services that help you manage change and drive value.
Consumer
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Want to know more?
Emer O'Riordan
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Partner, Audit & Business Advisory
Privately owned businesses
We know the opportunities and challenges you face are unique. Check out our dedicated privately owned business section.
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Privately owned businesses
We know the opportunities and challenges you face are unique. Check out our dedicated privately owned business section.
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Furthermore, on a practical level, our study provides a meticulous, step-by-step manual for operationalizing transformation. This includes assembling a diverse pool of talents and skills at all organizational levels, enhancing diversity and inclusion, collaborating with suppliers to enhance both efficiency and ESG outcomes, and fostering partnerships with other businesses and stakeholders in a collective pursuit of sustainable excellence.