Almost every organization has felt the impacts of climate change over the past year, and CxOs have been personally impacted.
Yet leaders remain optimistic.
While organizations are acting, they’re struggling to move the needle:
Companies are acting: they are using more sustainable materials, increasing energy efficiency, training employees, and developing new climate-friendly products. But they’re less likely to implement actions that demonstrate they have embedded climate considerations into their cultures and have the senior leader buy-in and influence to effect meaningful transformation.
Moreover, when asked about how serious certain groups are about addressing climate change, only 29% of CxOs said they believe the private sector is “very” serious.
Which of the following actions/adaptations has your company already undertaken as part of its sustainability efforts?
Top actions taken
Harder-to-implement, needle-moving actions*
* As defined by Deloitte's analysis
Leading the path forward
Our 2023 report shows that CxOs believe that both their organizations and the global economy can continue to grow while reaching climate goals and reducing greenhouse gas emissions.
Download the report to explore how leaders can close the gap between ambition and impact, break through barriers to greater action, and start to balance the near-term costs of climate initiatives with the long-term benefits.