FTI Consulting Survey Finds CEOs Gain Favor Among Stakeholders by Addressing Climate Change
Data Shows Investors and Professionals Expect CEOs to Reduce Environmental Impact and Lead with Strong Purpose
“Two of a company’s most critical stakeholders, investors and professionals, are making it clear that the responsibilities of a CEO must include more than turning a profit in order to create long-term value for the business,” said
While CEOs of the past may have prioritized financial performance above all else, the agenda for today’s CEOs must also include addressing climate and social issues head on, as identified in FTI Consulting’s first installment of the CEO Leadership Redefined series. Stakeholders now look for organizations they work for, invest in and buy from to be positive catalysts for change.
Other key findings from the survey include:
- Professionals and investors both believe sustainability is a top three priority, along with COVID-19 recovery, Diversity, Equity and Inclusion, and navigating labor issues.
- More than 8 in 10 professionals (81%) and investors (85%) believe CEOs have a responsibility to work toward lowering their companies’ environmental impact.
- 56% of investors believe that the CEO is most responsible for carrying out and upholding a company’s purpose.
“CEOs continue to face increased pressure from their stakeholders to be more transparent about how they are delivering sustainable value beyond the bottom line,” said
Future installments of FTI Consulting’s CEO Leadership Redefined series will explore the role of the CEO in political advocacy and more. More information can be found here.
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Source: FTI Consulting, Inc.