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Carrier Survey: U.S. Executives Prioritize Sustainability for 2025, with Building Decarbonization Leading the Way
Carrier Carrier (US:CARR) Prnewswireยท2024-09-17 13:15

Core Insights - Sustainability is becoming a top priority for U.S. corporations, with building decarbonization identified as a critical focus for the coming years [1][2] - A significant majority of U.S. C-suite executives (83%) plan to increase sustainability spending over the next two years, with 57% prioritizing sustainability and 52% focusing on decarbonization efforts [1][2] - Despite the emphasis on sustainability, only 44% of executives are confident that global net-zero goals will be achieved by 2050, indicating ongoing challenges in meeting decarbonization targets [3] Corporate Strategies - Building decarbonization is the highest priority in sustainability strategies through 2025, with executives recognizing the value of addressing climate change for investors, customers, and companies [2] - The survey revealed a divergence in focus among C-suite roles, with Chief Sustainability Officers (CSOs) concentrating on specific actions like decarbonization, while CEOs and CFOs are more focused on broader business priorities [4] - A strong belief exists among executives (85%) that corporate America has a responsibility to lead sustainability actions [5] Government Influence - Government incentives play a significant role in shaping sustainability plans, with 81% of executives indicating they would continue or increase sustainability investments even if incentives were rolled back [2] Upcoming Events - Carrier Global Corporation will host an event during Climate Week in New York City on September 24, focusing on "Reimagining the Built Environment for a Net Zero Future," aimed at discussing climate action and building decarbonization [6]