Businesses across the globe are moving towards more sustainable practices in an effort to drive down costs, according to a new survey, writes Energy Live News.

Cost management is the key driver for firms adopting environmentally and socially sustainable business practices, it found – followed by customer demand and because it’s the “right thing to do”.

More than 2,500 organisations in 34 countries were questioned for the survey by consultancy Grant Thornton.

Donating to charity was the most popular Corporate Social Responsibility (CSR) activity in the last 12 months, picked by 68% of business leaders globally (80% in the UK). However two thirds said they had improved their energy efficiency or waste management (75% in the UK).

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