A large majority of people globally believe that their companies are not doing enough to address climate change and sustainability, and many are taking, or considering, climate crisis-related lifestyle changes in areas affecting consumption, living location and work choices, according to a new survey released by global professional services firm Deloitte.

According to the report, published recently in EDIE, sustainability issues also impact workplace attitudes and choices, with 63% of respondents globally reporting that they do not think their employers are doing enough to address climate change and sustainability, up from around 55% in 2021.

We also note from ESG Today that the vast majority of companies will move forward with their sustainability and climate reporting plans, even if regulatory requirements change, according to  a new survey of executives and institutional investors released by business data and reporting solutions provider Workiva.

Meanwhile, also in ESG Today we learned that over three quarters of CFOs expect that their companies will maintain or increase sustainability-focused investments even after the recent U.S. election, according to a new US focused survey released by accounting and advisory firm BDO, although investment focus will shift away from environmental and social impact, and towards areas addressing stakeholder expectations and business operations.

In other words ESG is recalibrating to become business critical and hard wired into strategy rather than an outpost which experts report on.

Plans to increase investment come as CFOs report significant value from their sustainability investments to date. Key benefits highlighted by CFOs from sustainability initiatives over the past five years included increased innovation and new business opportunities, increased revenue, access to favourable financing or investment opportunities, as well as cost savings and enhanced customer loyalty.