Four out of 10 CEOs ready to sacrifice profits to put climate action first. A third of the respondents said the climate crisis was expected to shift how they do things over the next three years as extreme weather events unleash increasing destruction worldwide
by Wagamaga
7 comments
More company heads are willing to compromise on short-term gains to prioritise climate action as fears of a spiralling crisis rise, a survey found.
The new survey by the world’s largest consulting firm – which takes the temperature of business execs’ top priorities every year – underscores the growing concern among business leaders about the impending climate crisis.
Around 40 per cent of the total 4,702 chief executives of top businesses who responded to the latest Global CEO Survey from PwC, formerly known as PricewaterhouseCoopers, said they have “accepted lower hurdle rates for climate-friendly investments than for other investments”.
Don’t humans count as the environment? Can’t we get CEOs to cut profits to pay their people better wages?
CEOs that really hurt profit would be kicked out. You can’t change capitalism by being nice
It’s probably more they’re going for “slightly less profitable” rather than beneficial to the climate at our expense
As long as they can write every penny off on taxes right?
They start doing things when it actually affects them.
“Ready to sacrifice profits to put climate action first” is what 4 out of 10 CEOs say when asked a non-committal question.
What did the other 6 say? “Lol”?