Climate crisis bigger concern than pandemic for Australian businesses, survey finds

Ernst and Young says results reflect pressure from investors to make sustainability a priority in decision making

Australian bosses say the climate crisis is the biggest challenge facing their businesses - in contrast to their overseas counterparts, who have ranked recovering from the Covid-19 pandemic their top concern.

Climate change impacts" were rated the No 1 concern by 18% of 155 Australian executives surveyed by accounting firm Ernst & Young, followed by technological disruption (17%) and the continuing Covid-19 pandemic" (15%).