NTT: Global CEOs say social purpose is important for sustainable profits and a better future

TOKYO–(BUSINESS WIRE)–WSJ Intelligence has undertaken a new international CEO survey for global technology and business solutions provider NTT. WSJ Intelligence conducted an online quantitative survey of 350 CEOs of leading companies around the world to understand their views on how companies should or should not contribute to societal goals.

These CEOs were asked about their organization’s role in society, their social impact strategies, the stakeholders involved, and how these strategies have been developed in the post-pandemic era. The study follows two similar investigations for NTT reported as white papers:

Rebuilding with a purpose in 2020 and Innovating for a sustainable future in 2021. Comparing the results of the two previous reports helps assess progress and emerging trends.

This research revealed a deep understanding that innovation and investment in technology are essential to improving the prosperity of all people and all cultures. In an unstable world where change is the only constant, it is vital to multiply technological solutions and adopt a collaborative rather than divisive mindset.

Main findings:

  • Almost two-thirds (65%) of CEOs confirmed that carbon neutrality was part of their sustainability mission and a similar proportion answered that people and nature must be in harmony to preserve the planet.

  • 83% of leaders said their Sustainable Development Goals are fully aligned and part of their organization’s social purpose.

  • All but 19% of CEOs surveyed feel prepared for emerging technologies.

  • Use the most common emerging technology is to improve the customer experience (64%), but almost as many (59%) see them as tools to help build smarter communities and economies.

  • Overall, 59% of respondents formal diversity, equality and inclusion goals and programs and of these, 72% of leaders adopted these policies.

Ultimately, the survey found that large companies continued to make progress toward defining social purpose statements and developing and implementing associated strategies. A large majority of CEOs say events over the past three years have heightened the importance of social purpose, highlighting companies that see and act with purpose as the best path to sustainable profits that support people and society. planet for a better future.

About this research

In August and September 2022, with sponsorship from NTT, WSJ Intelligence conducted an online quantitative survey of 350 CEOs of major companies in 16 countries around the world. The companies they represent are positioned in seven major sectors. To read the latest research, please download the white paper here.

About WSJ Intelligence

WSJ Intelligence Conducts (WSJI) Bespoke and Secondary Research for Wall Street Journal Client Brands and Brands | Barron’s Group. Through rigorous analysis, WSJ Intelligence provides relevant, timely and reliable information. The Wall Street Journal news agency was not involved in the creation of this content.

About NTT

NTT believes in contributing to society through our innovations and business operations. We help people, customers and communities step into the digital future with confidence and shape a better world. Our services include digital business consulting, technologies and managed services for cybersecurity, applications, workplace, cloud, data centers and networks. As one of the top five global technology and business solutions providers, our diverse team of more than 330,000 people services more than 80% of the Global Fortune 100 and thousands of other companies in 190 countries and regions.

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NTT: Global CEOs say social purpose is important for sustainable profits and a better future

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