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January 15, 2024

PwC: most CEOs have not incorporated climate risk into financial planning

Record floods wash away a bridge in China. PwC found only 47 per cent of CEOs had adapted their businesses  by, for example, ensuring their supply chains are protected from climate-linked disasters. (Photo: Bloomberg)
Record floods wash away a bridge in China. PwC found only 47 per cent of CEOs had adapted their businesses by, for example, ensuring their supply chains are protected from climate-linked disasters. (Photo: Bloomberg)

Less than half of CEOs worldwide have made progress on incorporating climate risk into their financial planning – and over a third have no intention of doing so, a global survey has found

Only 45 per cent of global CEOs have either begun or fully incorporated climate risks into their financial planning, an annual survey by PwC has found. A further 31 per cent of respondents said they had no intention of doing so. 

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