abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

15 Sep 2015

Author:
Sarah Ktisti, in-cyprus

CEOs see business opportunity in developing products & services to tackle climate change, says PwC survey

“PwC survey finds CEOs believe climate change helps business growth », 11 Sept 2015

Business leaders worldwide are turning their attention to developing new products and services to respond to climate change, with a large chunk of them convinced that it is helping them grow their business…“The results suggest an emerging group of leading CEOs, confident about economic growth prospects more widely, forming a business case for action on climate change based on cost efficiency, stronger risk management and new market opportunities,” PwC said in a statement. According to the data collected, three out of five CEOs surveyed say they are acting on climate change to create a “reputational” advantage, while over half are motivated by improving shareholder value and building trust in their organisation…The data collated shows CEOs’ top climate concerns are impacts on energy prices and the potential increase in government regulation. Longer-term climate impacts are a lesser concern with impacts on supply chains and infrastructure.