Skip to Content
DotCom_Banner_2880X1800
Sustainability

A world in balance 2024: Accelerating sustainability amidst geopolitical challenges

Report from the Capgemini Research Institute

Download the report26 MB pdf
Download the infographic401 KB pdf

Organisations worldwide are making significant strides in environmental and social sustainability.

To understand the progress being made, the Capgemini Research Institute conducted an extensive survey involving 2,152 executives from 727 organisations with annual revenues exceeding $1 billion across 13 countries worldwide. They also surveyed 6,500 consumers from the same 13 countries to gain a comprehensive view of sustainability from both organisational and consumer perspectives.

The results of this survey have been collected in the third edition of our A world in balance series. By comparing this data with previous years’ surveys, we examine the progress organisations have made in environmental and social sustainability over the past three years and identify the challenges they face.

A world in balance 2024: Accelerating sustainability amidst geopolitical challenges highlights the strides made in areas such as circularity, sustainable design, measurement and data sharing, water stewardship, biodiversity, social sustainability, and sustainability education and training. Despite these advancements, challenges remain, particularly in addressing Scope 3 emissions and effectively engaging consumers.

The report has found that regulations have driven sustainability efforts and accelerated measurement and tracking capabilities. However, many organisations are still unprepared for upcoming directives like the EU Corporate Sustainability Reporting Directive (CSRD).

Read an executive summary below.

Click to read Executive Digest | A world in balance 2024

Business to Planet Connect at Climate Week NYC

As part of Climate Week NYC 2024, Capgemini is proud to host an event on how companies can adopt a ‘Business to Planet’ mindset, which embraces sustainability as an enabler, not a blocker, of value.

Read more

Executives recognise the importance of climate tech, including low-carbon hydrogen, industrial carbon capture, and electrification, in reducing greenhouse gas emissions and achieving other sustainability goals. Two-thirds of executives agree that data and digital technologies are accelerators for climate tech adoption. Although high costs, skills shortages, and regulatory uncertainties pose challenges.

 The research reveals that sustainability is geopolitically and politically sensitive. Sixty-five percent of executives cite current geopolitical tensions as barriers to sustainability investments. Concerns about the uncertain political environment in the US and other regions also impact sustainability projects.

Consumer skepticism towards corporate sustainability claims is on the rise, with 52% believing that organisations are greenwashing their sustainability initiatives, up from 33% in 2023. Transparency and accountability are crucial to rebuilding trust.

Our report offers actionable insights for decision-makers to navigate these complexities. It emphasises the importance of preparing for regulatory changes and geopolitical uncertainties and prioritising water and biodiversity. Organisations can build trust  and drive innovation and business value by prioritising customer centricity in  sustainability strategies, integrating circularity in the value chain, investing in climate tech and digital technologies, and ensuring the achievement of sustainability goals are an enterprise-wide focus.

Download the full report to learn more.

Stay informed

Subscribe to have the latest reports from the Capgemini Research Institute delivered direct to your inbox.

Subscribe

No posts

Discover

Leading sustainability

Ideas focused on practicalities to accelerate global change action

Our sustainability services

Accelerate to net zero, from commitment to sustainable results

Corporate social responsibility

Together, we’ll get the future we want for our people, our society, and our planet.

Approach to ESG

There has never been a better time to leverage technology and human capabilities to tackle Environment, Social and Governance challenges.

Meet our experts

Vincent Charpiot

Executive Vice President, Head of Group Sustainability Accelerator
I am a senior business executive and global business leader with extensive experience in helping clients manage their digital transformations. I lead the Group Sustainability Accelerator and my focus is to ensure we go to market with a unique Sustainability Services portfolio and ecosystem to help our clients on their journey to Net Zero, in an evolving ESG regulation.

Florent Andrillon

Group Climate Tech leader
Florent leads clean tech business development with all sustainability teams across the Group. He has more than 20 years of experience in the energy and utilities sector, helping clients to achieve their sustainability goals and transition to a low-carbon economy. He has a strong focus on the energy, resources, and clean tech market, as well as on sustainability, climate, and energy transition issues. He leverages Capgemini’s capabilities and its external partners to deliver innovative and impactful solutions.

Shobha Meera

James Robey

Global Head of Environmental Sustainability and UK Responsible Business Lead
I have led the Capgemini Group sustainability agenda since setting first carbon reduction targets in 2008. I am a long-term advocate of ambitious targets as a mechanism to drive innovation to ensure continual improvements. I manage our sustainability risks and drive our programme to reduce environmental impacts in our most material areas. However, the biggest difference we can make on this agenda is the work we do with our clients. In 2018, we announced a target to help our clients save 10 million carbon tonnes through leveraging technology. I regularly speak on this topic and engage directly with our clients.

Salomon (Sol) Solinas

EVP: Americas Sustainability Lead
I’m a corporate sustainability and digital transformation expert, with 25 years’ experience, spanning multiple industries, and the lead for Sustainability in the Americas for Capgemini. My ESG and sustainability expertise includes digital transformation, circular economy, strategic energy management, ENERGY STAR and LEED green buildings, green IT, renewable energy, carbon foot-printing, and environmental metrics/ reporting. I was a founder of US EPA’s ENERGY STAR program and its Director of Strategic Planning.

SAM

Sam has a decade of experience working across the full end-to-end product design process, from empathising with users during user research, to delivering final UI designs and working closely with engineers to bring digital products to life. Sam is passionate about the application of tech for good, and actively seeks opportunities where Capgemini can make a difference.