May 15, 2023
More than half, 60%, of Gen Z and Millennial shoppers have stopped buying from brands lacking when it comes to environment accreditations and more than two-thirds of Millennials have spent more on a product because it was sustainable.
Those are top findings from an ESW study, a global direct-to-consumer e-commerce company.
"Younger consumers are acutely conscious of a brand's efforts towards sustainability," Patrick Bousquet-Chavanne, president and CEO, ESW Americas, said in a press release on the findings. "There's a well-known, ongoing debate over whether these consumers' values actually align with their shopping behaviors, but our most recent data shows that the majority will, in fact, take sustainability practices into account when making purchase decisions and may even refuse to buy from a brand that doesn't have (or make public) their environmental credentials. This shift toward eco-conscious consumerism should serve as a wake-up call for brands to be more transparent with their manufacturing, packaging and shipping practices."
The survey polled 16,000 shoppers from 16 countries on attitudes toward sustainability.
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