4 out of 5 Irish businesses are doubtful they could meet carbon neutral targets in 2030.
A survey of Irish businesses also reveals compliance is now the key motivation behind sustainability-related actions.
That's according to new data from this year's EY Ireland "State of Sustainability" report.
80% of Irish businesses have low confidence in meeting carbon neutral targets in 2030, an increase from 66% last year.
And while awareness of sustainability considerations and implications has increased to 64% from 61% in 2021, a deeper understanding of the challenges that lie ahead in relation to achieving sustainability targets has dampened confidence.
This research was conducted by Empathy Research in April 2022, among a nationally representative sample of businesses in Ireland with 50 or more employees.
Our reporter, Diarmuid Pepper, spoke to Stephen Prendiville, Head of Sustainability at EY Ireland, about the findings: