target audience: TECH SUPPLIER  Publication date: Mar 2024 - Document type: Market Perspective - Doc  Document number: # EUR151655724

Key Sustainability Trends and Developments in EMEA, 2024


  • Katharina Grimme Loading
  • Angela Salmeron Loading
  • Zuzana Kovacova Loading
  • Eren Eser Loading


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This IDC Market Perspective provides an overview of key developments in corporate sustainability and ESG in Europe. Regulatory requirements (especially CSRD reporting) remain the primary drivers for initiatives. However, a multitude of laws and ESG specifications creates challenges as organizations are struggling with ESG strategy and data management. Sustainability is on the verge of becoming a business opportunity for advanced companies, but there are still hurdles to overcome and new topics emerging, such as climate risk and nature tech.

"Demands from regulators and other stakeholders are pushing European companies to accelerate their ESG initiatives, but as macroeconomic conditions remain difficult, sustainability maturity is advancing only slowly. Technology vendors are also in demand, but they must mature their offerings and go-to-market approaches. It will be critical to showcase business value resulting from sustainability initiatives," said Katharina Grimme, associate vice president and research lead on sustainability, IDC Europe.


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