CEOs struggling to make the business case for Sustainability
Date: 23 Sep 2013
According to the United Nations Global Compact, chief executives are finding it progressively harder to make the case for substantial action on sustainability. They are increasingly looking toward governments for active policy leadership.
The conclusions come from a study, carried out by Accenture, of more than 1,000 CEOs worldwide. It suggested that the progress of recent years, with a growing base of businesses making significant commitments to action, may have "reached a plateau".
Peter Lacy, the Managing Director of Accenture’s Strategy Practice & Sustainability Services, suggested that CEOs now believe that radical structural change to markets and systems will be required to enable businesses to provide further leadership for a sustainable economy.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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