Tech firms are boosting sustainability budgets with most going on IT - report

Germany emerged as the leader for ESG investments, but will be overtaken by the UK next year

Kelsey Rees
clock • 2 min read
Tech firms are boosting sustainability budgets with most going on IT - report

Technology companies are earmarking bigger budgets for sustainability issues in 2022, according to a new report from data and insight agency, iResearch Services.  How Sustainable is the Technology Sector? surveyed 550 technology business executives in 11 countries and found that the majority of investment will be allocated to IT issues. Results showed that more than one third (36 per cent) of technology companies surveyed earmarked between $500,000 and $1m on ESG projects in the 2021 fi...

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