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Published by Statista Research Department, Mar 4, 2024
The most commonly stated barrier to ESG effectiveness according to executives surveyed in the United States, Brazil, the United Kingdom, Germany, and India in 2021 was balancing ESG with growth targets, according to 40 percent of the respondents. Other top barriers mentioned were lack of reporting standards and regulations/complexity, lack of attention or support from leadership, and volatility of regulatory requirements.
Largest barriers to ESG progress worldwide in 2021
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Source
Release date
June 2021
More information
Region
Worldwide
Survey time period
March 29 to April 23, 2021
Number of respondents
1,257 executives
Special properties
The U.S., Brazil, the UK, Germany and India
Supplementary notes
This question was phrased by the source as follows: "which of the following do you feel are the biggest barriers preventing your company from progressing on environmental, social, and governance issues"
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