CxOs’ apprehensions about the planet’s climate have increased over the last several months, as has their optimism that immediate action can make a difference. But there are multiple disconnects between these business leaders’ opinions and motivations, the actions their organizations are taking, and the impact they’re having.
During September and October 2021, Deloitte polled over 2,000 C-suite executives across 21 countries to examine business leaders’ and companies’ concerns and actions when it comes to climate change and environmental sustainability.
Climate weighs heavily on the minds of the world’s executives. However, there is also a disconnect between ambition and impact. Organizations are struggling to implement actions that demonstrate they have embedded climate considerations into their culture and have the senior leader buy-in and influence to effect meaningful transformation.
The report further explores the disconnect between ambition and impact as well as steps CxOs can take to start to bridge the gap.
Business leaders have a unique responsibility to help the world transition to a lower-carbon future. Are they up to the challenge?
Bold actions resulting in measurable impact are needed to accelerate the pace of intervention while there’s still time to limit the damage.