Japan's Corporate SDGs Engagement Hits Record 54.5%

Jul 28, 2024 | News On Japan

TOKYO - A recent survey on corporate awareness of Sustainable Development Goals (SDGs) has revealed that the proportion of companies actively engaged in these efforts has reached an all-time high.

According to the survey conducted by Teikoku Databank, out of more than 10,000 respondent companies, over 29% reported that they 'understand the meaning and importance of SDGs and are actively working on them.' When combined with those who 'intend to work on them' (24.8%), the total percentage of companies actively involved with SDGs reached a record 54.5%.

Although this marks only a slight increase of 0.9 points from the previous survey, the findings suggest that some companies are pursuing SDG initiatives as a strategy to secure talent amid a labor shortage.

When analyzed by company size, the survey found that over 71% of large corporations were actively engaged in SDGs, compared to approximately 51% of small and medium-sized enterprises. The trend indicates that the smaller the company, the lower the proportion of active engagement.

Additionally, about 70% of the respondents reported feeling the positive effects of their SDG initiatives. Many companies cited 'improved corporate image' and 'benefits for recruitment activities' as significant impacts of their efforts.

Source: ANN

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