NielsenIQ: Sustainability is Increasingly Important for APAC Shoppers
NielsenIQ’s (NIQ) latest global sustainability study found 69 per cent of global shoppers feel sustainability is more important to them than it was 2 years ago, but cost, easy access and clarity prevent them from adopting a more sustainable lifestyle.
Looking closer at the Asia Pacific results, NIQ reported Indonesia as the highest-ranking country in the global study to say sustainability is more important than 2 years ago (86 per cent), followed by Thailand (74 per cent), Singapore (72 per cent) and South Korea (69 per cent). See chart 1 below.
NIQ’s study confirmed the top two reasons Indonesians place such a high and growing importance on sustainability are their concerns for personal health and / or safety as a result of climate change, as well as physically seeing more pollution and waste.
Australia bucked the trend in the Asia Pacific region by recording the second lowest global ranking (India recorded the lowest) to say sustainability is more important than 2 years ago – 58 per cent.
Justin Sargent (featured image), President, NIQ Asia Pacific said, Consumers across the Asia Pacific region are clearly feeling the personal impact of extreme weather events and are more aware and informed of the importance of sustainability – ultimately fuelling their demand and the urgency for corporate action and accountability.”
“Positive consumer sentiment toward sustainability has been growing for more than a decade. However, the impact of purchasing preferences has yet to inspire a green revolution within the retail industry. These results indicate that now is the time for that to change,” added Sargent.
Across the Asia Pacific region, shoppers in Singapore, Australia and South Korea are significantly less likely to say it is easy to shop for products in a sustainable way – 45 per cent, 37 per cent and 29 per cent respectively – versus the global average of 50 per cent. See chart 2 below.
“Shoppers around the Asia Pacific region are more committed to sustainability, but many have found it difficult to make daily decisions that support true sustainability impact. It needs to be easier for people to live and consume in a sustainable way that aligns with other daily pressures. This is a huge opportunity for retailers and manufacturers to align to an urgent consumer want and need,” highlighted Sargent.
DRIVERS OF CHANGE
NIQ’s global sustainability report also revealed that the growing importance of sustainability is being shaped by three pressures: increasing government mandates, spiralling costs related to extreme weather events and escalating consumer demand for more sustainable products. The impact of greenwashing is also key to the story, as due to regulations and greater consumer scrutiny, companies will no longer get away with vague / false claims.
The NIQ study revealed shoppers are actively living more sustainably, with 1-in-2 taking their own shopping bags, avoiding waste and minimising electricity usage. Global consumers say that cost (41 per cent), access (35 per cent) and a lack of clarity (26 per cent) stop them from adopting more sustainable lifestyles.
Globally 1-in-10 (11.2 per cent) people say environmentally friendly / sustainability is most important when choosing a brand – ranked fifth. Affordability / price tops the ranks at 18.1 per cent.
NIELSENIQ’S GLOBAL SUSTAINABILITY REPORT HIGHLIGHTS:
- 26 per cent of global consumers find it difficult to find sustainable products on shelf
- 3 in 4 consumers (76 per cent) are calling out for companies to take initiative to reduce their environmental footprint
- 78 per cent of global consumers say companies should be mandated to show full transparency of their supply chain so shoppers can make informed choices
- Of those consumers that said sustainability is more important, 54 per cent said it was because it’s in the news all the time, 48 per cent said that they were more informed about sustainability, 47 per cent said that their health and safety has been or could be impacted by climate change and 1-in-3 say that they have been personally impacted by an extreme weather event
- 48 per cent of consumers say living sustainably is important for society and they try to make sustainable choices when they can
- 79 per cent of global respondents stated they were (quite/very) likely to choose a particular retailer if they offered a wider assortment of sustainable options in store
- 77 per cent say they would stop buying products from a company that had been found guilty of greenwashing, highlighting the importance of trust and transparency not only in communications but in the whole supply chain.
- Scientists and environmental agencies are the most trusted parties for sustainability efforts, but opportunity exists for brands to work with farmers and industry accreditation bodies to improve trust while retailers can leverage strong foundation to insure, they are conveyors of sustainable practices)
Nicole Corbett, vice president global thought leadership, NIQ said: “The outlook of rapid change across the next 5-10 years that will force companies, manufacturers, brands, and retailers to transform and commit to real sustainable business models. We are now at a tipping point, where companies who have been proactive and genuine about climate action will be at a massive advantage as industries grapple to meet requirements and mandated sustainable efforts.”
“To meet targets that become increasingly stringent over the next 10 years, we anticipate a great deal of scrambling from companies that now realise it’s crunch time. They will look for easy wins in the short-term but the game changer is the requirement to report and validate their footprint and gain visibility of emissions and resource use across their whole value chain. This will require a long-term shift and for many a departure from how they currently operate,” added Corbett.
Please login with linkedin to comment
Latest News
Enjoy A Hahn Solo… And May The Fourth Be With You
This May the fourth Hahn will celebrate alongside Star Wars fans rewarding their passion via a giant Hahn travelling solo through the sky. It’s the one day of the year when all sci-fi fans rejoice and giggle to themselves and Hahn in partnership with Thinkerbell, UM and Affinity is celebrating with an out of this […]
DMARGE Founder Unveils Creator-Led Social Media Agency Feedstar
New creator-led social media agency Feedstar to be aimed directly at Gen Zs. Well, they'd hardly want print, would they?
TV Ratings (02/05/2024): A total of 1,753,000 Aussies Witness Port Adelaide’s Defeat
Seven's AFL numbers almost double that of the NRL last night. The NRL still easily winning for ruptured ACLs.
Hotglue Cashes In With La Trobe Financial Digital Media Account
Hotglue staffers learning their cashflows from their collaterals today after nabbing La Trobe Financial's digital media.
M&C Saatchi’s Sydney Creative Lead Exits
B&T's stopping short of calling it a revolving door at M&C at the present, but there's definitely heat on the hinges.
Taylor Swift’s Music Re-Enters TikTok As Universal Pens Landmark Deal
Yes, B&T may have spent 152 hours failing to get Taylor Swift tickets, but, as you'll read here, it's all behind us now.
HAVAS Red launches inaugural Influencer White Paper
Havas Red has debuted its first influencer white paper. Unless you print it out in colour, of course.
Two Sides Global Campaign Reports Increasing Greenwashing As Organisations Focus On Sustainability
New report confirms greenwashing's on the rise. Apparently Mars' 'work, rest & play' claims also under investigation.
Aruga Launches New HQ & Changed Ownership Structure
PR agency Aruga proves Brisbane is 'so hot right now'. So hot in fact, Adelaide's had to go on anti-anxiety meds.
Delicious & American Express Partner To Launch Month Out 2024 In Sydney
Cost of living got you eating noodles prepared in the two-minute style? Why not live vicariously through this.
Aussie Ad Market Continues Decline In March
The belt-tightening in adland shows signs of a turnaround soon. Bar the belt-loosening at the all-you-can-eat buffet.
VMA Focuses On Skills And Training For Members
If there was a post-COVID hangover (bar the anti-vax ranters) it was the rise in skills shortages. Here's another one.
Nearly 90% Of Consumers Want Transparency About AI Images, Finds Getty Images Report
Study finds consumers want transparency around AI images. Couldn't care less about photoshopped magazine covers.
The National Breast Cancer Foundation Partners With VML To Boost Funds
Anyone else feel we've exhausted the office morning tea for cancer? B&T proposes the office moonshine still instead.
Perry ‘Pez’ Lazaris Named New National Hit Network Announcer
Why is it mandatory for the media to only publish the nicknames of people in radio & underworld crime figures?
Before Adland: Garry Dawson’s Journey From Teacher To Marketer
Here, the Hopeful Monsters marketer talks his shift from the classroom to the room wherever marketers congregate.
Scott Cam Urges Tradies To Prioritise Sun Protection
The Block host promoting sun protection to tradies. Also, don't try getting into the RSL after 6pm wearing high viz.
PubMatic Study: Advertising On Retail Media Is 50% More Effective Than Social Media
New study finds retail media 50% more effective than social. B&T says two-for-one Tim Tams trumps the lot.
From MOWING to life GROWING: Jim Penman launches ‘Life Coaching’ services
Can't decide on getting the hedges trimmed or finding a deeper meaning to life? You're in luck with this new venture.
Budweiser Brazil Turns Songs That Name Drop The Iconic Brand Into Spotify Ads
It's strange that Budweiser never found a market among beer-swilling Aussies. Then again, neither did the fluffy duck.
Effie Worldwide Strengthens Board With 6 New Members
B&T hopes everyone's wearing their Maseur sandals at the Effies, as it's standing room only at the next board meeting.
Special Enlist A Penguin Named Nigel In Latest Energy Campaign For Contact
Special unveils Nigel the penguin in work for energy provider Contact. Apparently Percy the peacock was booked.
Anya Taylor-Joy, Chris Hemsworth & George Miller Ignite Sydney For Epic Mad Max Launch
The Mad Max film franchise is Australia's cinematic gift to the world. That & Chris Hemsworth's near perfect cheekbones.
IAS Launches First-To-Market Integration With Roblox To Provide 3D Immersive Measurement
Always thought you could do with better 3D immersive measurement? Happy days are ahead here.
Fast And Furious: Top Gear Australia Launch Thrilled Motorheads, Car Entusiasts And Guests
B&T is still no closer to knowing who the new Stig is, except that she is a woman and a ridiculously fast.
TV Ratings (02/05/2024): Seven’s The 1% Club Wins The Night
The 1% club did not live up to its name when it comes to TV ratings last night.
TRA Welcomes Raft Of New Hires; Bolstering Expertise Across Markets
Insights and research agency TRA announces slew of new hires. Still no news on the return of marble wash denim, however.
CX Lavender Hires Boston Consulting Group’s Kim Verbrugghe as Chief Strategy Officer
CX Lavender announces new strategy hire and channels 'acoustic folk act at local RSL' for the publicity pic.
Opinion: Community standards, will they be the death of us?
This columnist is talking community standards. Sadly not those people who put dogs in trolleys in supermarkets.
Tegel gets heads bobbing with new free-range chicken platform
Sure, there's a lot of moral considerations when buying a chook. Yet, not as baffling as buying eggs or canned tuna.
Study: 66% of Aussie men believe masculinity is under attack
Two-thirds of Aussie blokes say masculinity's under attack. That said, sales of Solo lemon drink appear robust.
‘Equal Writes’: Canyon reveals new campaign and refreshed brand for women and non-binary writers
As this brand redesign again proves, nothing beats black on white. Well, white on black in this instance.
Icon Agency bolsters consumer and integrated offer with major hires
Icon Agency unveils new recruits. As press photo confirms office moustache competition now a lay-down misère.
Clemenger launches agricultural graduate program
Has Farmer Wants A Wife triggered an interest in dagging & hay balers? This grads program may resonate.
Levi’s Appoint UM As Global Media Agency For $217m Account
Levi's are the jeans for rockstars, models & the cool kids. Although that's not stopped dads from ruining their image.
QMS Nabs Sean Rigby From oOh!media
Things set to get spicy at the next Outdoor Media Association dinner and dance as a rival gets poached.