World CEOs care little about climate change crisis

The high profile UN summit on climate change in Paris appears to have had little impact on the decision making and worries of global business leaders.

Despite concerns about its impact on extreme weather events, such as recent flooding in the UK, climate change failed to register near the top of the list of business threats, according to a survey of 1,400 CEOs from around the world compiled by PricewaterhouseCoopers (PwC) and published at Davos this week.

Instead, over-regulation was listed as the biggest threat to business (by 79% of CEOs), followed by geopolitical uncertainty (74%) and other key threats including cyber-attacks (61%).

In contrast, climate change and environmental damage was mentioned as a threat to business growth by just 50% of CEOs.

Read The Guardian story - “Climate change fails to top list of threats for business leaders at Davos.”