Ernst & Young report on climate change entitled, Action amid uncertainty, confirms customers expectations that the companies they do business with are acting on climate change and executives understand this as well as believing “they can make money, save money and manage risk.”
Excerpt:
While the responses indicate some variations across industry sectors and geographies, our survey reveals five consistent global themes:
- Executive leadership is critical to good governance
- Business drivers are dominated by top line and bottom-line impacts, creating a race to innovate
- Despite regulatory uncertainty, climate change investment is on the rise
- Execution is challenging but executives are committed to action
- Transparent reporting is gaining momentum