The KPMG 2021 CEO Outlook finds that 94% of Australian CEOs and 86% of their global counterparts believed that following through with corporate purpose commitments will shape their capital allocation, while 98% of Australian leaders said that purpose drove financial performance.
Corporate purpose was also a key part of Australian businesses' appeal to their workforces, with 86% of Australian CEO saying that purpose was a key part of their 'employee value proposition' and central to building brand reputation and customer relationships. Climate change is also dominating Australian CEOS concerns, with 84% of Australian CEOs saying the November COP26 meeting "must inject necessary urgency into the climate debate, and 77% of leaders both here and overseas believing government stimulus was needed to turbo-charge business climate change investments." Read the FS Sustainability Article HERE