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54% of Global CEOs are Committed to Decarbonizing Their Business to Reach Net Zero: EY Survey

According to a recent EY survey, 54% of global CEOs are committed to decarbonizing their businesses to achieve net zero, reflecting a significant rise in prioritizing sustainability over the past year. While CEOs currently focus on AI transformation to enhance productivity, their long-term strategy includes creating new revenue streams aligned with net-zero goals. Despite this commitment, only 28% of institutional investors share the same urgency, highlighting a potential disconnect. The survey also anticipates an uplift in mergers and acquisitions in 2024, with CEOs planning more acquisitions and divestitures. The findings underscore the need for collaboration between businesses, investors, and policymakers to accelerate the shift towards a sustainable, net-zero future.

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