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Index Suggests Sustainability Measures Top Business Priority

0 shares Share 0 Tweet 0 Pin 0 Share 0 Honeywell has launched a new sustainability index that tracks hundreds of businesses across industries in areas such as energy efficiency, emissions reductions, and recycling. The initial results show… Read More

Honeywell has launched a new sustainability index that tracks hundreds of businesses across industries in areas such as energy efficiency, emissions reductions, and recycling. The initial results show that sustainability initiatives are the priority for most companies. 

The Environmental Sustainability Index shows quarterly trends of companies’ sustainability initiatives. 

The Environmental Leader reports that 97% of businesses are planning to increase their spending in at least one sustainability category.

statement
“The index is based on a survey of 653 business leaders who are directly involved in their companies’ sustainability initiatives. Industries include manufacturing, technology, health care, energy, transportation, consumer goods, finance, and the public sector. The survey took place during the second and third quarters of 2022, and the main categories studied are energy evolution and efficiency, emissions reduction, pollution prevention, and circularity and recycling.”

Improving energy efficiency is the main focus for three-quarters of businesses that took part in the survey.

What surprises, though, is that recycling measures were the least important to respondents — only 28% report it as their first or second priority. 

But there is hope still because 59% of businesses say they were most successful with recycling and circularity, with healthcare leading the way. 

In the situation where half of the world is experiencing an energy crisis and the price of raw materials skyrocketing, industries should give more thought to recycling and a circular business model. 


Nikola uses his background in electrical engineering to break down complex sustainability topics for GreenCitizen's readers. He is a firm believer in environmental conservation, which he practices daily through recycling and home-grown food. He enjoys hiking, engaging in white-water sports, and collecting pocket knives.

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