The 1Q 2023 Environmental Sustainability Index, published by Honeywell, is a quarterly indicator of major developments relating to international efforts to combat climate change and other sustainability measures.
This second version presents a comparison of business sentiment and progress against environmental sustainability efforts across sectors on a global scale.
About 98% of organisations have been at least moderately or extremely successful in attaining at least one or more sustainability goals over the past 12 months, according to the report, which polled more than 750 corporate leaders involved in the sustainability process.
There is a rising level of optimism over achieving their targets by 2030, an anchor deadline year for many agreements, across all sustainability categories, including energy efficiency and evolution, emissions reduction, pollution prevention, and circularity/recycling.
According to Darius Adamczyk, Chairman and CEO of Honeywell, despite difficult financial situations, organisations are nonetheless committed to the battle against climate change and their sustainability goals. He said that even though data indicates a greater sense of optimism about achieving goals, decision-makers are still unclear about how their own journeys and roadmaps to those goals would appear.
Ashish Gaikwad, Managing Director of Honeywell Automation India Limited, stated that significant sustainable growth may be anticipated in the near future as India's business landscape rapidly moves towards digitalization and sustainability. The local engineers at Honeywell are creating sustainable solutions for both India and the global market as part of the company's commitment to supporting this industry-wide transition. The foundation for India's sustainable future will be built through creating refineries of the future and developing sustainable, cleaner fuel alternatives such as sustainable aviation fuel (SAF), renewable diesel, hydrogen, and others.