Our thinking

Climate risk survey findings

4 April, 2025

EU companies are twice as likely as their global peers to rank climate risk among their top concerns, according to a recent survey, conducted by the AICPA and CIMA.   

Nearly half (49%) of EU-headquartered firms view climate risk as a top ten priority, compared to just 24% outside the EU. The survey authors attribute this divide to regulation, particularly the European Corporate Sustainability Reporting Directive (CSRD) which requires businesses to take a structured approach to climate risk management – proving that reporting really does drive action.  

Investor expectations are also fuelling this shift. Almost half of EU executives say investors are demanding greater action on climate risk, prompting many to establish formal oversight committees and risk management processes. Outside the EU, only 28% of firms acknowledge similar investor pressure, leaving them exposed to both regulatory and financial risks.  

With climate-related losses expected to cut corporate earnings by 7% by 2035, businesses must act now. Our climate risk services – from CFD reporting, double materiality assessments and transition planning – can help businesses stay compliant, but more importantly, resilient in an evolving regulatory landscape. 

Contact us to find out more.  

By Bertie Bateman