Workers want their bosses to do better on climate
Published Date: 11/13/2020
Source: axios.com
Data: KPMG; Table: Axios VisualsCorporate 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.