Climate change ‘is biggest risk factor for businesses’ say CEOs
Survey by KPMG highlights chief executives’ growing concern over the impact of climate change, with 76% claiming their organisations’ future growth depends on their ability to navigate the shift to a low-carbon economy.
Image: Ben Gingell/Shutterstock
Big businesses now see climate change as the biggest risk they face, according to research out this week.
A global survey of chief executives by professional services firm KPMG now places climate as their major risk factor—the first time this has happened in the half-decade the poll has been taking place.
According to KPMG, 76% of CEOs said their organisation’s growth would “depend on their ability to navigate the shift to a low carbon, clean technology economy”.
It added: “Societal concerns over climate change mean that stakeholders—from customers to regulators—are putting increasing pressure on organisations and their
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