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More than half of senior executives responsible for environmental, social and governance (ESG) initiatives as well as sustainability issues say their firms will have double-digit increases in spending toward the efforts in 2022 and will prioritize funding related to supply chain sustainability, according to a survey released by research firm Verdantix.
Businesses are being spurred into action by increased stakeholder pressure on ESG and developing regulatory aspects of the issues, Verdantix says in its Global Corporate Survey: ESG And Sustainability Governance, Strategies And Priorities.
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