Post by account_disabled on Feb 28, 2024 0:43:17 GMT -6
More than 2 thousand business leaders vs climate change: Deloitte study
A new global survey of senior corporate executives calls into question the perception that companies are overlooking the risks of climate change, a common concern among employees of the millennial and Z generations , who seek to follow business leaders against climate change.
Deloitte's recent report shows that, although managers are waking up to the impact the environmental crisis could have on businesses and communities, there is a disconnect between goals and action.
Business leaders against climate change increasingly necessary
The aforementioned study, which surveyed more than 2,000 executives from 21 countries in North America, Europe, Africa, Asia and Oceania, particularly highlights the opinion of 19% of participants. These collaborators, whom Deloitte calls “leaders,” have implemented actions that “move the needle” and can provide other companies with ideas on how to move towards a low-carbon future.
These strategies include the launch of climate-friendly Changsha Mobile Number List products or services, the requirement that suppliers and business partners meet sustainability criteria, the updating or even the transfer of facilities to make them more environmentally resilient, the consideration of policies to time to evaluate lobbying and political donations, as well as linking compensation to results.
leaders vs climate change companies
For Deloitte, climate “leaders” took at least four of the five actions mentioned and concludes that: “They are more likely than others to see the benefits of their efforts and less likely to see the costs and short-term priorities as obstacles, which which perhaps indicates that they understand the price of inaction.
Companies and the executives who run them are already feeling the effects of climate change
Survey data states that 97% of companies have already experienced the negative effects of climate change. In addition, 81% of executives say that phenomena, such as inclement weather and rising sea levels, have affected them personally in the last year.
Although most sectors have been damaged by continued disruptions to their business models and supply chains, the changes are most felt in consumer products, automotive, technology, transportation and hospitality. These repercussions include the adoption of measures to reduce the carbon footprint. For example, 55% of corporations responded by reducing unnecessary air travel.
leaders vs climate change action
Despite growing concern about the long-term impacts that climate change may have on organizations, managers are now more optimistic (88%) that immediate action can limit climate-related risks, compared to eight years ago. months when Deloitte published its previous survey.
This positive attitude “is there by virtue of their position […] as business leaders,” Kathryn Alsegaf, global internal sustainability leader at Deloitte, told TriplePundit in a recent interview . For decision makers it means “making sure they have sustainability criteria” in their supply chains, as well as ensuring the resilience of their facilities, shifting their focus towards lobbyists and rethinking how they structure compensation, Alsegaf said.
For most companies, having a sustainability plan is no longer a differentiator, but rather an expectation of customers and employees.
As a strong global franchise, we have an important role to play in the transition to a world where net carbon emissions are a reality.
Sarah Chapman, Global Director of Sustainability at Manulife, one of the companies surveyed.
Although company leaders feel the drive and urgency caused by climate breakdown, many of them are unsure of how to proceed to address it.
What stops climate action
Although many companies are aware of the need to mitigate climate change to achieve financial stability later, they have difficulty assuming the costs of such transformation. The causes vary by region: European executives, for example, are driven by regulations, while those in Asia are driven more by operational issues.
A new global survey of senior corporate executives calls into question the perception that companies are overlooking the risks of climate change, a common concern among employees of the millennial and Z generations , who seek to follow business leaders against climate change.
Deloitte's recent report shows that, although managers are waking up to the impact the environmental crisis could have on businesses and communities, there is a disconnect between goals and action.
Business leaders against climate change increasingly necessary
The aforementioned study, which surveyed more than 2,000 executives from 21 countries in North America, Europe, Africa, Asia and Oceania, particularly highlights the opinion of 19% of participants. These collaborators, whom Deloitte calls “leaders,” have implemented actions that “move the needle” and can provide other companies with ideas on how to move towards a low-carbon future.
These strategies include the launch of climate-friendly Changsha Mobile Number List products or services, the requirement that suppliers and business partners meet sustainability criteria, the updating or even the transfer of facilities to make them more environmentally resilient, the consideration of policies to time to evaluate lobbying and political donations, as well as linking compensation to results.
leaders vs climate change companies
For Deloitte, climate “leaders” took at least four of the five actions mentioned and concludes that: “They are more likely than others to see the benefits of their efforts and less likely to see the costs and short-term priorities as obstacles, which which perhaps indicates that they understand the price of inaction.
Companies and the executives who run them are already feeling the effects of climate change
Survey data states that 97% of companies have already experienced the negative effects of climate change. In addition, 81% of executives say that phenomena, such as inclement weather and rising sea levels, have affected them personally in the last year.
Although most sectors have been damaged by continued disruptions to their business models and supply chains, the changes are most felt in consumer products, automotive, technology, transportation and hospitality. These repercussions include the adoption of measures to reduce the carbon footprint. For example, 55% of corporations responded by reducing unnecessary air travel.
leaders vs climate change action
Despite growing concern about the long-term impacts that climate change may have on organizations, managers are now more optimistic (88%) that immediate action can limit climate-related risks, compared to eight years ago. months when Deloitte published its previous survey.
This positive attitude “is there by virtue of their position […] as business leaders,” Kathryn Alsegaf, global internal sustainability leader at Deloitte, told TriplePundit in a recent interview . For decision makers it means “making sure they have sustainability criteria” in their supply chains, as well as ensuring the resilience of their facilities, shifting their focus towards lobbyists and rethinking how they structure compensation, Alsegaf said.
For most companies, having a sustainability plan is no longer a differentiator, but rather an expectation of customers and employees.
As a strong global franchise, we have an important role to play in the transition to a world where net carbon emissions are a reality.
Sarah Chapman, Global Director of Sustainability at Manulife, one of the companies surveyed.
Although company leaders feel the drive and urgency caused by climate breakdown, many of them are unsure of how to proceed to address it.
What stops climate action
Although many companies are aware of the need to mitigate climate change to achieve financial stability later, they have difficulty assuming the costs of such transformation. The causes vary by region: European executives, for example, are driven by regulations, while those in Asia are driven more by operational issues.