Siemens is pleased to release the results of the 2012 Greening of Corporate America, issued in conjunction with McGraw-Hill Construction. This is the third in a series of reports that began in 2006; a time when many of the nation’s largest corporations’ commitment to sustainability was just emerging. The release of the first Greening of Corporate America survey at that time laid the foundation to gauge the attitudes and behaviors of the C-Suite towards sustainability as an important business practice. The survey was conducted again three years later, and the 2009 Greening of Corporate America survey demonstrated a dramatic embrace of sustainability as part of corporate strategy despite an extended downturn in the U.S. economy.
Now in 2012, the survey has been conducted again in order to determine how corporate sustainability has continued to evolve and understand how the nation’s largest companies are institutionalizing sustainability into business policy and practice.
Key highlights of the study include:
Corporate America shows continued progress along the Corporate Green Spectrum from 2006 to 2012.
Firms that are highly engaged in sustainability has risen from 18% in 2006 to 42% in the 2012 study, while those firm viewing environmental initiatives as costs or required based on legal obligations alone fell from 33% in 2006 to 17% in 2012.
The influence of the Chief Sustainability Officer continues to rise, as does the creation of dedicated sustainability budgets.
Energy and cost savings remain the most important drivers encouraging sustainability in Corporate America, while financial considerations – the state of the economy and budget issues – are the greatest obstacles to broader adoption
To receive your complimentary copy of the Siemens/McGraw-Hill Construction Research Study, “The Greening of Corporate America,” please fill out the form below.