Updated Nov 13, 2020 - Energy & Environment

Workers want their bosses to do better on climate

Data: KPMG; Table: Axios Visuals
Data: KPMG; Table: Axios Visuals

Corporate climate performance plays a role in how workers think about their employers, not to mention talent recruitment and loss, per a survey from KPMG and the law firm Eversheds Sutherlands.

Why it matters: The outlook from directors and top executives from hundreds of companies provides some interesting data points on how the corporate world is and isn't addressing climate change.

By the numbers: The survey of executives from more 500 international companies in August 2020 also found...

  • 35% said they understand climate-related risks their companies face "extremely" well, while another 52% said their understanding needs to be better.
  • 25% reported their companies' directors have remuneration incentives for directors to achieve carbon-cutting targets.
  • 45% answered that their companies report publicly on climate-related risks they face.
  • 74% said decarbonizing will require "significant changes" to their business model.
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