A new survey, carried out by PwC on behalf of the International Emissions Trading Association (IETA) has found over three quarters (77%) of respondents see climate change as a board-level priority.
Issued on 24 May, the GHG Market Sentiment Survey further revealed that nine in 10 (90%) of respondents said board engagement on the issue had either increased or at least remained the same year-on-year.
The report also found two-thirds of respondents felt the rise of populist political movements globally, such as Donald Trump’s rise to power, are a threat to action on climate change – despite a high level of executive engagement.
Commenting, IETA President and CEO Dirk Forrister said: “The high of seeing the Paris Agreement enter into force last year was tempered by an increase in populist political movements that have pushed climate change down the agenda. High levels of board engagement with climate change and action will only boost these efforts.”