The Role of Global Business Services (GBS) in the Enterprise Sustainability Agenda: Current Adoption and the Path Ahead
State of the Market Report

30 Nov 2023
by Rohitashwa Aggarwal, Rita N. Soni, Sumit Kumar, Amit Anand (GS), Monalisa Modi

The number of organizations that are proactively investing in ESG-related initiatives, is on the rise. It is essential to recognize that ESG is no longer a niche concern but a central aspect of business strategy. ESG considerations have rapidly transcended the realm of corporate social responsibility to become a fundamental facet of contemporary business strategy. Global Business Services (GBS) leaders now find themselves at a crucial juncture, where understanding and integrating ESG principles into their operations are not merely advisable but indispensable. By prioritizing ESG, GBS leaders can navigate the complex landscape of stakeholder expectations, a key element in the long-term sustainability and success of their organizations.

In this report, we discuss key adoption trends, success factors, enablers, challenges, and best-in-class case examples based on a comprehensive survey involving 50+ global GBS organizations. It offers GBS leaders actionable insights to champion ESG initiatives within their organizations. As GBS increasingly assumes strategic importance, this report will highlights key areas where GBS organizations can add value and support an enterprise’s ESG agenda.

Scope

All industries and geographies

Contents

In this report, we examine:

  • Importance of ESG in the business and GBS context
  • Current state of ESG adoption in GBS
  • Challenges restricting adoption of ESG in GBS
  • Key success factors and ESG enablers
  • Opportunity areas for GBS in 2024

Membership(s)

GBS/SS

Sustainability Technology and Services

 

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