For the sixth consecutive year, MIT Management Review (MIT SMR) and the Boston Consulting Group (BCG) conducted research on corporate sustainability. This time, United Nations Global Compact also joined the partnership which surveyed 3,795 managers and sustainability leaders from around the world. Results of the survey, 2014 Sustainability & Innovation Global Executive Study and Research Project, come as sustainability continues to grow increasingly important. 65% of companies surveyed now report sustainability as a top management agenda item, compared with only 45% in 2010.

Companies serious about making a difference joining forces to address challenges

Our research found that as sustainability issues become increasingly complex, global in nature and pivotal to success, companies are realizing that they can’t make the necessary impact acting alone.

- 2014 Sustainability & Innovation

Awareness of the fact that cooperation is crucial to success has led to an enormous increase in the number of sustainability collaborations taking place among companies and their customers and suppliers. 37% of respondents claim to be active in 10 or more collaborative partnerships, and of those, 10% are said to be involved in 50 partnerships or more. A further 45% of those surveyed expect their company to increase the number of collaborations they are involved in by 10 or more within the near future.

Learn how sustainability can lead to greater success by reading the full report

 

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