80% of Polish CEOs implements ESG practices, expects returns in 3-5 years

Around 80% of CEOs in Poland's major companies have adopted Environmental, Social, and Corporate Governance (ESG) practices, as per the "KPMG CEO Outlook" report. However, 76% anticipate a 3 to 5-year wait for returns on their ESG investments. Half admit their current ESG progress isn't enough to face potential scrutiny from stakeholders. Concerns include increased costs, financing challenges, prolonged board tenure, and employee engagement issues.

The report stresses the necessity for authentic ESG engagement for sustainable business strategies. CEOs acknowledge the need to intensify efforts for carbon neutrality, recognizing the positive impact of ESG strategies on talent attraction and employee engagement.

Source: 300gospodarka.pl