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.