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Jakarta Post

CEOs most concerned about environmental issues in 2019

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Mon, June 17 2019   /  02:42 am

CEOs worldwide are most concerned about environment-related risks in 2019, as consumers’ growing environmental awareness could affect their businesses, according to the latest CEO outlook survey by business consultancy KPMG.Susanto, head of the clients and market partners division at KPMG Indonesia, said in a press briefing in Jakarta on Thursday that the executives were on alert over changing consumer behavior and changing regulations related to the environment, which may negatively affect their business operations.He cited as an example the #NoStrawMovement initiated in Indonesia by NGO Drivers Clean Action and KFC in May last year. The movement compelled other major fast food chains, such as Bakmi GM and McDonalds, to stop serving plastic straws but did not have a significant negative impact on their operations.A more business-impacting movement is a campaign against crude palm oil ...