Global Sustainability Hub
Sustainability will be top of corporate radars in 2023 as the next 5 years promise dramatic change as businesses transform to meet new demands and realities. Keep tabs on NIQ’s expert perspective, latest research, and trend watching for CPG manufacturers and retailers with NIQ’s global sustainability hub.
What to know about CPG sustainability
Over the past 10 years, we have seen positive consumer sentiment toward sustainability and anticipated that purchasing preferences would drive the industry toward a green revolution.
Learn how accelerating forces of change will shape the green revolution of consumer packaged goods in our CPG sustainability report.
Time is of the essence
New NielsenIQ survey data shows that consumers are feeling the personal impact of extreme weather events and being more informed about sustainability, fueling their demand for corporate action and accountability.
The intersection of responsibility and expectations
Consumer demand continues to put the onus on brands and governments to make meaningful change. When asked in The NielsenIQ 2023 Sustainability Report who was most responsible for making progress on sustainability, a greater percentage of respondents ranked brands (46%) and local governments (40%) ahead of consumers (37%).Learn more
Why sustainability is important to consumers: increased awareness
54% see the impact of climate change in the news all the time; 48% say they are more informed about climate change and sustainability.Learn more
Why sustainability is important to consumers: personal impact
47% feel their health and/or safety could be impacted by climate change; 30% have been personally impacted by extreme weather events or climate change.Learn more
Roadblocks to sustainable consumption
Consumers want to be part of the solution but report some shared roadblocks to sustainable consumption.Learn more
The changing story of sustainability
Consumers want to live and consume in a sustainable way. Governments are beginning to demand it. As a result, the next five years will see accelerated action from companies as they scramble to meet increasing requirements around reporting, visibility, and, carbon footprint reduction.
NIQ’s The changing story of sustainability report walks businesses through:
• The role of governance and mandates
• Increasing costs due to the impact of climate change
• Shifting consumer demand and attitudes
Check highlights from the report in the interactive graphic
Consumers care about sustainability—and…
A joint study from McKinsey & Company and NIQ examines sales growth for products that claim to be environmentally and socially responsible.
7 sustainability trends to watch in 2023
A pivotal year for sustainability
After a year of extreme weather events that challenged crop yields, supply chains, and the cost of goods around the world, 2023 has been pegged as a pivotal year for sustainable action. In the year ahead, brand accountability, legislation and governance, and a new level of seriousness around sustainability across companies and consumers will set the stage for a year of positive, purposeful, and proof-driven change.