Australian business leaders are confident Australian governments are making progress on climate policy but want more climate action; finds the first “Sustainable Future Poll” from the Confident Strategy Group and YouGov.

– 6 in 10 Australian leaders were confident that Australia is making significant progress on sustainability and climate action on each of the nine climate change/resilience levers examined. – In a deep dive, we found consensus across the policy divide that solar power should be expanded as an energy source . While 7 out of 10 believe coal as a source should be reduced or kept at current levels.

CANBERRA, Australia, Nov. 07, 2022 (GLOBE NEWSWIRE) — Government and climate experts are gathering this week at the United Nations Conference of the Parties, COP27, in Egypt. At COP27, governments will report on their progress and make agreements to take further action to achieve the outcomes of the Paris Agreement (2015). The Confident Strategy Group and YouGov surveyed over 500 Australian business leaders to gauge their confidence in the Australian federal and state government’s sustainability policies. The survey assessed business leaders’ confidence in nine climate change levers, also taking into account Australia’s unique environmental and biodiversity impacts. This year, the survey also delved deep into business leaders’ attitudes towards energy sources suitable for Australia.

In this first survey, we also found the following:

  • Confidence was highest among younger executives (only 16% of executives over 50 are very confident). However, only half believed that Australia was making progress in “building sustainable future food systems to avoid food insecurity”.

  • Confidence was highest among those who voted for Labor and the Greens in the last election (76%, 69% versus 51% for the coalition).

  • Executives over 50 were less confident in all areas of sustainability policy, with only 4 to 5 in 10 executives feeling confident in each area. Less than two in ten said they were very confident about addressing each area, reflecting the generally lower level of confidence older business leaders have in sustainability policies.

  • Overall, business leaders who identified as female tended to be less confident about political progress across the board (women 49% vs. men 69%).

  • Those in asset-based industries (e.g., manufacturing, construction, utilities) are much more likely to be confident (79%) than those in service (e.g., retail, transportation, healthcare, education) (46%) or knowledge-based industries ( professional, finance, ICT services) 63%. Those employed in manufacturing are particularly optimistic (88%).

  • 2 in 10 Australian business leaders were unsure about tackling deforestation.

  • While 8 in 10 business leaders believe solar should be expanded as an energy source, 7 in 10 also believe hydro and wind should be expanded, and 4 in 10 believe natural gas and nuclear should be expanded.

  • Business leaders are divided on whether responsibility for setting climate policy should rest with the federal government (45%) or equally with the states (46%).

This year’s survey results may reveal a “green bucket” effect, as there was little variation in trust levels across all areas of policy levers. Although there are some clear differences by age, employee size, industry and political affiliation, there is still a uniformity that is growing. This may mean a need for more specific education on what actions are needed to achieve sustainability and the climate impact in Australia. It may also indicate the need for transparency about current and future policy performance and actions.

The Confident Strategy Group will continue to monitor this critical policy area on an annual basis. dr Jeanette Fielding, Group CEO of Confident Strategy Group, said: “Australia’s ability to transform rapidly to address sustainability and climate challenges is critical to Australia’s future success and the economic well-being of all Australians. While many stakeholders have a role to play in addressing climate impacts, governments set the roadmap for the country through policies they implement and those they don’t.” Future shows there is optimism following the recent federal elections and we look forward to continuing to follow the confidence of business leaders in the years to come.”

The full report can be found here: Sustainable Future Confidence Poll

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About the poll

The survey was conducted online between September 8th and 16th, 2022. The sample included 510 senior business leaders in Australia from organizations with more than 50 employees. The Confident Strategy Group identified the policy levers to examine and YouGov designed the questionnaire. After the interviews, the data were age-weighted to reflect the latest ABS population estimates for managers and professionals.

About the policy levers

The policy levers were chosen based on reports from the Intergovernmental Panel on Climate Change, which identify climate change levers and take into account Australia’s unique environment and biodiversity. Survey confidence is highest in the areas of reducing waste (69%), building green/renewable energy systems for the future and taking initiative to address sustainability/climate resilience through innovation/research and development (68%). Others are protecting Australia’s unique wildlife and marine life, building sustainable future food systems that prevent food insecurity (both 66%), building green infrastructure for transport (65%), building a regenerative and sustainable farming system (64% ), mitigating climate impact (64%) and tackling the root cause of deforestation in Australia (62%).

Confident strategy group

The Confident Strategy Group is the confident confidant of change-makers. We help you solve the world’s greatest challenges to change the planet, society and humanity for the better. This is our passion. Let us put it into action for you. CSG customers are passionate about health, food, consumer products, sustainability and women’s peace and safety. We are experts in the following practice areas: Strategic Policy, ESG/Sustainability, Strategic Communication and Advocacy. Based in Canberra, Australia and New York, USA, Confident Strategy Group serves national and global clients worldwide. Contact us at www.confidentstrategygroup.com.

Contacts for media relations:

dr Jeanette Fielding, Founder and Group CEO of Confident Strategy Group.

[email protected]

CONTACT: Jeanette Fielding Confident Strategy Group [email protected]

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