Investment in sustainability has become crucial for enterprises as a response to both regulations and consumer demand, says SAP, a global enterprise application software provider.
"Sustainability is critical for every single business. Asian firms, including those in Thailand, need to follow this trend, especially if they are manufacturing-based," said Atul Tuli, managing director of SAP Indochina.
A survey by SAP and Oxford Economics, which provides econometric analysis, shows regulatory compliance is both a key sustainability driver and a challenge.