Sustainability declines as global CEOs' priority

by The Manila Times

Sep 21, 2024 12:04 am

GLOBAL chief executive officers' (CEOs) prioritization of sustainability has declined sharply, with many companies reassessing, adjusting, and, in some cases, retracting their climate commitments. At the same time, artificial intelligence (AI), growth, inflation and geopolitical uncertainty have risen to the top of their agendas.

These are among the findings of global consultancy firm Bain & Co.'s recently released report, 'Visionary CEO's Guide to Sustainability 2024.'

Extreme weather experiences, like the flooding caused by Tropical Storm Bebinca in Rizal, Occidental Mindoro, on Sept. 15, 2024 spark people’s concerns about climate change. AFP PHOTO / PHILIPPINE COAST GUARD (PCG)

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