Appetite for change - Accountancy Nieuws

Section 5What will new policies mean for business?Corporate climate change strategies will affect operations,key performance indicators, and innovations, around newproducts and services. Despite the paucity of clear signalsfrom governments, large organisations are leading a drive inthe business community to invest in environmental policies.About two-thirds of larger firms have environmental policiesthat exceed requirements, compared with only about half ofcompanies with fewer than 1,000 employees.Larger organisations, for example, are much more likely tobe changing their operations as a result of climate change.Sixty two per cent of executives at firms with more that 1,000employees, for example, say they are becoming carbonneutral compared to only 35 per cent of organisations withfewer than 251 employees. “There are many areas where wego beyond the mandatory level of legislation on a voluntarybasis,” according to an interviewee, “We wouldn’t do that ofcourse if we didn’t see value in it.”Corporate climate change strategieswill affect operations, key performanceindicators, and innovations, around newproducts and services.Figure 28Over half feel their environmental policies go beyond what is actually required, and undertake external reportingNumber of employeesTotal (%)Up to 250251-10001001-50005001+42 5751 4652 4836 6334 66AlignGo beyondWould you say your environmental policies are set to align with your legislative or regulatory responsibilities or do they go beyond these requirements? Base: Total (654)40 Appetite for change. PricewaterhouseCoopers.