BOSTON, September 23, 2022— 96% of US consumers say they at least sometimes
try to behave in ways that protect the planet, its people, and its resources.
Reaching collective sustainability ambitions requires massive consumer change,
and chief marketing officers (CMOs) are well-positioned to drive this growth by
"bringing green to the mainstream," according to an action plan for growth
released today by Boston Consulting Group (BCG) and the
CMO Sustainability
Accelerator,
a coalition composed of the Association of National Advertisers (ANA), Sustainable
Brands and Adweek.
The report, titled The Future Is Mainstream Green: Introducing a New Growth Strategy, outlines a
roadmap for how to achieve 'Mainstream Green' — defined as driving sustainable
choices by all consumers, not just those who are moved by sustainability claims.
Reaching Mainstream Green is a key opportunity for marketers to help close the
intent-to-action gap by motivating customers to move beyond expressing concern
for sustainability to adopting sustainable behaviors and purchasing sustainable
goods/services.
“Organizations cannot achieve the environmental sustainability goals that
they’ve pledged without inspiring consumers across the board to change their
habits,” said Lauren Taylor, a BCG managing director and partner and global
leader of the firm’s customer-centric sustainability topic, who coauthored the
report. “However, we need to make sustainable options meet consumers’ core
needs, rather than expecting the majority to make tradeoffs when they choose a
sustainable option. Making green truly mainstream will require activating
large-scale collective action by companies, with CMOs playing a key role.”
“We know sustainability can play a key role in driving growth, which is the
centerpiece of the ANA’s Growth Agenda,” said ANA CEO Bob Liodice. “The ANA is
proud to produce this new report in collaboration with BCG and our partners in
the CMO Sustainability Accelerator initiative. These guidelines and
recommendations will help CMOs drive behavioral change in consumers and
marketers who appreciate the benefits of being green but need guidance on how to
fulfill the promise of true sustainability while growing their business.”
“As vital members of the C-suite core to business growth, CMOs and marketing
leaders around the world are seeking new and actionable ways to drive
sustainable practices — table stakes for thriving businesses in a new era,” said
Jenny Rooney, Chief Experience Officer at Adweek. “Adweek, ANA, SB and BCG have
come together to create a roadmap that provides direction to help marketing
chiefs champion and implement sustainable business practices throughout their
organizations. Adweek will continue the sustainability conversation and
learnings through upcoming content and gatherings, including an event where our
community can explore these guidelines and the C-level collaboration necessary
for success.”
“Most brands are somewhere on the journey to becoming a sustainably regenerative
brand of the future, and we are delighted to provide this practical and
applicable resource for CMOs to engage with their cross-functional stakeholders
and help them collaboratively tackle the challenges toward good growth with
their C-suite partners,” said KoAnn Vikoren Skrzyniarz, founder and Chief
Executive of Sustainable Brands.
The CMO is key to unlocking ‘Mainstream Green’
Just 20% of consumers think they can personally have an impact on climate and
sustainability issues and more significantly, approximately 70% of consumers are
disillusioned – wary of corporate claims about progress toward sustainability.
But they are critical stakeholders, without whom companies can only achieve a
portion of their environmental sustainability goals. It is up to marketers to
link corporate climate and sustainability commitments to palatable growth
drivers and show their customers that they are not merely performative. In
addition to representing the voice and perspective of the customer, CMOs ensure
cohesion across functions to realize business value from sustainability. As
experts on customer needs and barriers, they can make complex topics digestible,
and unfamiliar products desirable to ultimately activate significant consumer
change.
Three steps to making sustainability a driver for growth
Marketers can achieve Mainstream Green by putting customers at the center of a
three-step strategy to make sustainability a driver for growth:
-
Understand drivers of choice. Customer-centric sustainability starts
with understanding customers’ drivers of choice and how they relate to
environmental sustainability. Linking sustainability to broader related
needs (such as health) can unlock two to four times the number of customers
for whom sustainability is a concern but not a primary driver of choice. In
addition, making sustainability a “bonus benefit” significantly expands the
sustainable customer base to those for whom sustainability is not a driver
of choice at all.
-
Create a sustainable offering. To drive business and sustainability
impact, the real barriers to Mainstream Green (such as value, efficacy, or
taste) must be addressed. Innovation is a win-win-win solution that makes
sustainability an “and,” not an “or.” Taking a customer-centric view also
elevates sustainability out of a singular functional silo, ensuring
cohesion, facilitating collaboration, and producing better outcomes.
-
Promote sustainable choices. Leverage the full customer engagement
toolkit to overcome perceived barriers and drive demand for sustainable
choices. For early sustainability adopters, techniques focus on removing
friction to purchase, strengthening customer connections, and amplifying
advocates authentically. For sustainability laggards, techniques focus on
building awareness and understanding, disrupting existing habits, and
inspiring and empowering customers to choose greener options.
Download the guide for customer-centric sustainable growth here.
Media Contact:
Eric Gregoire:
+1 617 850 3783
[email protected]
About the Association of National Advertisers
The ANA’s (Association of National Advertisers) mission is to drive growth for
marketing professionals, brands and businesses, the industry, and humanity. The
ANA serves the marketing needs of 20,000 brands by leveraging the 12-point ANA
Growth Agenda, which has been endorsed by the Global CMO Growth Council. The
ANA’s membership consists of U.S. and international companies, including
client-side marketers, nonprofits, fundraisers, and marketing solutions
providers (data science and technology companies, ad agencies, publishers, media
companies, suppliers, and vendors). The ANA creates Marketing Growth Champions
by serving, educating, and advocating for more than 50,000 industry members that
collectively invest more than $400 billion in marketing and advertising
annually.
About Sustainable Brands
Sustainable Brands® is the premier global community of brand innovators who are
shaping the future of commerce worldwide. Since 2006, our mission has been to
inspire, engage and equip today’s business and brand innovators to prosper for
the near and long term by leading the way to a better future. Digitally
published news articles and issues-focused conversation topics, internationally
known conferences and regional events, a robust e-learning library, and
peer-to-peer membership groups and brand collaboration initiatives all
facilitate community engagement and industry progress throughout the year. For
more information visit
www.SustainableBrands.com.
About Adweek
Adweek is the leading source of news and insight serving the brand marketing
ecosystem. First published in 1979, Adweek’s award-winning coverage reaches an
engaged audience of more than 6 million professionals across platforms including
print, digital, events, podcasts, newsletters, social media and mobile apps. As
a touchstone of the advertising and marketing community, Adweek is an
unparalleled resource for leaders across multiple industries who rely on its
content to help them do their jobs better.
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle
their most important challenges and capture their greatest opportunities. BCG
was the pioneer in business strategy when it was founded in 1963. Today, we work
closely with clients to embrace a transformational approach aimed at benefiting
all stakeholders — empowering organizations to grow, build sustainable competitive
advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a
range of perspectives that question the status quo and spark change. BCG
delivers solutions through leading-edge management consulting, technology and
design, and corporate and digital ventures. We work in a uniquely collaborative
model across the firm and throughout all levels of the client organization,
fueled by the goal of helping our clients thrive and enabling them to make the
world a better place.
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Published Sep 26, 2022 2pm EDT / 11am PDT / 7pm BST / 8pm CEST