ESG, corporate purpose, cyber, top list of CEO priorities, KPMG outlook shows

Environmental, social, and governance (ESG) issues and corporate purpose have risen up the priority list among Australian and global CEOs, KPMG’s annual survey of international business leaders reveals.

The KPMG 2021 CEO Outlook, a study of 1,300 CEOs across 12 countries, finds that corporate purpose is increasingly used as the guiding framework for key business decisions in the COVID-19 era, particularly in Australia. Ninety-four percent of CEOs in this country and 86 percent of their global counterparts said that following through with corporate purpose commitments will shape their capital allocation, while almost all Australian leaders surveyed (98 percent) said purpose drove financial p...

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Published Date: 08 September 2021