Businesses tone down sustainability ambitions as CFOs look for opportunities to cut
"You don’t want a sustainability strategy and a business strategy..."
Sustainability initiatives are the most likely enterprise programmes to be cut or paused by CFOs to hit short-term earnings targets according to a new EY report.
The consultancy also found that companies are pushing back the date by which they hope to achieve their climate ambitions from a median of 2036, to 2050.