Corporate Leaders Still in Denial on Climate Change
Too many people in the corporate sector are still in denial about climate change, according to Katherine Garrett-Cox, the CEO of investment firm Alliance Trust.
Speaking at a Guardian Sustainable Business debate on the role of business in tackling climate change, Garrett-Cox, herself an outspoken advocate on the issue, said: “Within the last 12 months, I’ve had conversations with CEOs of major corporates in Europe and they just say, ‘It’s not real, it’s not something I should be bothered about’.” It is “scary” how little discussion there is at boardroom level about whether climate change is a risk at all, she added.
One month on from a landmark climate change deal at UN talks in Paris, Garrett-Cox hopes this will be the tipping point for businesses waking up to climate change. Ikea’s sustainability chief Steve Howard agreed, saying 2016 presents the corporate world with “an unprecedented opportunity” to reinvent its business models in line with the challenge.