Deadly floods in Western Europe, China, and south Asia, out-of-control fires in Australia and the United States, and devastating drought in the Horn of Africa are some of the extreme climate events that have severely disrupted the lives of millions of people and many businesses and communities. The war in Ukraine has fueled energy security concerns, leading to inflation and calls to slow the transition to green energy. Business leaders and government agencies are under increasing pressure to deliver solutions—and fast.

Deloitte Global recently surveyed more than 2,000 C-level business leaders across 24 countries to get their perspective on the climate crisis. The results are telling, particularly about the mental health implications of climate change. Some 65 percent reported feeling worried or concerned all or most of the time about climate change, according to Deloitte’s 2023 CxO Sustainability Report: Accelerating the Green Transition. Only five percent felt no stress at all.