CEOs on climate change


THE concerns about the planet’s future have heightened significantly over the past eight months.

There is a serious disconnect between ambition and action.

Even though efforts are far from enough along in this journey, substantive change can only come with bold, collective action for the needle to move.

About two-thirds of executives say their companies are very concerned about climate change and 79% see the world at tipping point, a number that was at 59% in a similar Deloitte’s survey done in early 2021.

A total of 97% of companies have already felt the negative effects of climate change and 88% agreed that with immediate action, the worst impacts of climate change can be limited. That figure was 63% eight months ago, according to Deloitte’s latest survey which polled more than 2,000 C-suite executives across 21 countries.

Some organisations are struggling to embed climate considerations into their cultures and strategies and obtain the broad senior leader buy-in to effect meaningful transformation, according to Deloitte.

Despite that, two-thirds of organisations are already using more sustainable materials and increasing the efficiency of energy use.

More than half adopted energy-efficient or climate-friendly machinery, technologies, and equipment.

A majority are intentionally reducing air travel trips.

 CLICK TO ENLARGECLICK TO ENLARGE

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Red alert for global food security
It’s just not enough
Short Position - A shrinking wallet, Chicken and egg, Courier sector woes continue
Farm Fresh juggles cost pressures and expansion
Cypark shares beaten down
Borsig sale to provide lifeline for KNM
Malaysia to sustain growth
PetChem earnings soar on improved product prices
Axiata appoints Hans, Vivek as interim joint acting CEOs
Hap Seng posts higher net profit of RM156.3mil

Others Also Read