Corporate climate action was sidelined in 2024. This year may be worse
ESG and green concerns became relative afterthoughts last year. A Trump presidency may push them further into the weeds to go the way of diversity, equity and inclusion.
Despite being the hottest year on record, 2024 saw a cooling in attitudes towards climate action, with the realpolitik of corporate profits sidelining environmental, sustainability and governance concerns.
For some companies, the reality of taking steps to achieve their green targets was shoved into the “too hard”, “too expensive”, or “just plain irrelevant” baskets.
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Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
