60% Pakistanis Willing to Cut Pay for Eco-Friendly Work

News Desk

Islamabad: A recent survey conducted by GSMA Intelligence with support from Huawei found that approximately 60 percent of respondents in Pakistan are willing to accept a lower salary to work for sustainability-focused organisations.

This figure is notably higher than the global average of 50 percent, according to the press release issued on Sunday. The inclination towards such “green purchasing” appeared to be greatest in countries that are most exposed to extreme weather conditions induced by climate change.

The highest correlations were seen in the Philippines, Pakistan, Brazil, Turkey, and Indonesia. Consumers in such countries indicated an above-average willingness to change their behavior in response to climate change.

Pakistan is working to reduce CO2 emissions through various initiatives, including promoting renewable energy and electric vehicles: Survey

Pakistan is working to decrease CO2 equivalent emissions, and the government is pursuing strategies for combating climate change, including the promotion of renewables and electric vehicles, a ban on plastic bags, and the billion-tree plantation drive.

The research found that 80 percent of consumers surveyed across 16 countries now view climate change as the world’s number-one challenge. Moreover, it found that 60 percent of respondents consider climate or sustainability when buying a product, while 45 percent say they are willing to pay a premium for products and services that have been certified carbon neutral.

80% of consumers surveyed across 16 countries view climate change as the world’s top challenge: Survey

“There is a latent ‘green premium’ available for telecom operators if sustainability criteria can be embedded into product design and marketing,” said Tim Hatt, head of research and consulting at GSMA Intelligence. “Consumers want to align with green brands and will pay for assured credentials on the products they buy, and there is a first-mover advantage still out there for companies to meet this demand,” he further said.

60% of respondents consider climate or sustainability when buying a product: Survey

From an industry perspective, Tim Hatt of GSMA Intelligence said, “For operators, selling 5G and other technologies to enterprise verticals offers both productivity gains and higher power efficiency.” “When it comes to investing, sustainability is no longer considered a niche,” said David Trevitt, a digital transformation advisor at Huawei, which funded the GSMA Intelligence research.

45% of respondents are willing to pay a premium for carbon-neutral products and services: Report

Trevitt recently addressed the topic of sustainability and corporate reputation in Huawei’s thought leadership magazine, Transform. David Tevitt said, “Climate response is an ethical issue that is becoming an increasingly important part of reputation management for many enterprises. To avoid reputational damage, organisations must embed their climate response in their business strategy.”