The World Economic Forum’s Chief Sustainability Officers Outlook survey has indicated a global transition which shows clear signs of progress backed by commercial and technological momentum despite significant drag from geopolitical fragmentation and marked scrutiny on short-term performance.
The inaugural survey, published on Tuesday, was conducted amid escalating conflict in the Middle East which affected the Strait of Hormuz and rattled global markets.
The survey noted that CSOs have continued to navigate the geoeconomic volatility with more conviction than caution.
“Some 63% expect global sustainability progress to hold steady or accelerate over the next 12 months, and three in four expect companies’ transition-related investment to do the same driven by a clear economic argument (64%) and increasingly applicable technologies (56%),” the survey revealed.
According to the…
