• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

86 Pc Indian Firms See Positive Relationship Between Sustainability & Profitability: Report

OMMCOM NEWS by OMMCOM NEWS
April 29, 2024
in Business
Indian firms

New Delhi: About 86 per cent of Indian organisations see a moderate to strong relationship between sustainability and their company’s profitability, a new report said on Monday.

According to the cloud software major SAP, 77 per cent of Indian businesses have seen sustainability strategies contributing to outcomes such as revenue or profit growth to a moderate or strong degree.

“Sustainability is now a business necessity rather than merely a moral duty. It can no longer be seen as distinct from the overall financial performance of the company,” said Manish Prasad, President, and MD of SAP Indian Subcontinent.

“It is evident from the findings of our study that businesses that prioritise sustainability are more successful,” he added.

Moreover, the report mentioned that 58 per cent of Indian firms expect a positive financial return on their sustainability investments within the next five years.

About 39 per cent of businesses plan to increase their investments in sustainability over the next three years.

“The Asian market represents more than 50 per cent of the world’s emissions, and so as one of the fastest growing hotbeds of innovation and economic activity in the region, India is in a unique position to lead the charge against climate change,” said Paul Marriott, President, SAP Asia Pacific Japan.

In addition, the report said that 69 per cent of Indian organisations use sustainability data to inform strategic and operational decision-making to a moderate to strong degree.

(IANS)

Tags: climate changeCloud softwareIndian Firms
ShareTweetSendSharePinShareSend
Previous Post

India’s Fiscal Profile Better Placed To Fight Global Economic Shocks, Says Analyst

Next Post

Badshah Visits Parliament, Hails Celebration Of India’s Cultural Heritage

Related Posts

Income Tax Bill 2025
Business

Govt Withdraws Income Tax Bill 2025 From Lok Sabha, New Version To Be Tabled On Monday

August 8, 2025
Indian stock markets
Business

Indian Stock Market Ends Lower Amid US Tariff Jitters, Sensex Declines 765 Points

August 8, 2025
Business

SBI Clocks 12.5 Pc Rise In Q1 Net Profit At Rs 19,160 Crore

August 8, 2025
Business

50 Pc Tariffs By US Bad Policy Move, India Must Continue To Protect Its Farmers: SBI Report

August 8, 2025
Business

India’s Income Roadmap: Gujarat Emerges Frontrunner; MP Improves As Southern, Western States Consolidate Earnings Dominance

August 7, 2025
Business

US Tariff Hike To Impact Only 4.8 Per Cent Of India’s Total Exports

August 7, 2025
Next Post
Badshah

Badshah Visits Parliament, Hails Celebration Of India's Cultural Heritage

Bollywood stars

Explainer: Mahadev Betting App's Lengthening Shadow Over Bollywood

Major Fire Breaks Out At Bank Of India’s Regional Office In Odisha’s Baripada

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.