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Most Australian chief executives believe climate crisis a threat to business

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Most Australian chief executives believe climate crisis a threat to business

Australian company bosses are becoming increasingly concerned about the climate crisis and are expecting tough economic times in the year ahead, a new survey shows.

Global accounting firm PwC’s annual survey of CEOs shows bosses are preparing to cut jobs and don’t think Australian business and government is doing enough to deal with global heating – a dismal picture that is set to get worse once the effects of the past month’s deadly bushfires take hold. Economists expect the damage to industries including tourism, agriculture and retail from the unprecedented fires to carve up to 0.2 percentage points from Australia’s already anaemic growth figures. […]

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