KPMG: Majority of U.S. CEOs Expect Significant Returns from Sustainability Investments Within 3-5 Years
The majority of U.S. CEOs expect to see significant returns from their company’s sustainability investments within three to five years, and the corporate leaders continue to rank ESG as their top operational priority, even in the face of inflationary and supply chain challenges and Gen AI-related opportunities, according to a new survey released by professional services firm KPMG US.
For the study, the 2024 KPMG U.S. CEO Outlook Pulse Survey, KPMG surveyed 100 CEOs from large companies with annual revenue greater than $500 million, including one third with more than $10 billion in revenues, on the key challenges and opportunities in driving business growth and managing the combination of near-term risks and structural economic changes.
While examining a range of factors from generative AI to talent management, the survey revealed that the execution of ESG initiatives remains the top operational priority for CEOs, cited by 17% of respondents, followed by inflation-proofing capital and input costs at 14% and advancing digitization and connectivity, improving supply chain agility and resilience, and improving the customer experience, each at 11%.
Rob Fisher, KPMG US ESG Leader, said:
