Business leaders not waiting for Congress to act on climate change

 

NTR plc, the international renewable energy group, has announced the results of a survey of 130 senior business leaders of Fortune 500 companies on their attitudes towards climate change.

The results of the survey came in the week that NTR plc hosted a lunch in New York with senior business leaders and policy advisors to discuss the issue of climate change.  The NTR Foundation - established to make a measurable societal impact in the areas of climate change, resource sustainability and security of energy supply - was also formally launched. 

The survey, conducted for NTR plc by Brunswick Group, shows that senior business leaders believe they do not need to wait for Congress to act on climate change. Only a third said they require a legal framework to commit to specific actions or to create ‘green collar’ jobs.

However, the research also found that one in two business leaders believe that the lack of clarity on climate legislation is negatively impacting the ability of the United States as a nation to compete in the global market.  Respondents also believe that responsibility for tackling climate change doesn’t just lie with government and that business should take a greater role in the climate policy debate.

Jim Barry, Chief Executive of NTR plc, said - “The results clearly show the business community considers the climate change challenge to be real and is responding, irrespective of government action. The business leaders surveyed do believe, however, that the United States needs more cohesive and effective legislation to ensure the country is not at a serious disadvantage in a global competitive context.” 

Among other findings, the survey showed that -