A return to Davos by corporate titans and their bankers after recent record Alpine temperatures has turned a spotlight on just how quickly they are moving to rein in carbon emissions.
The logo of the World Economic Forum 2023 is seen at Davos Congress Centre, in the Alpine resort of Davos, Switzerland, January 16, 2023. REUTERS/Arnd WiegmannClimate still a focus for clients -UBS' HarfordDAVOS, Switzerland, Jan 20 - A return to Davos by corporate titans and their bankers after recenthas turned a spotlight on just how quickly they are moving to rein in carbon emissions.
"Suddenly people have realized that it is something that's not just a way of presenting things, but that it is a necessity for survival," said André Hoffmann, vice chairman of Swiss drugmaker RocheWhile there is agreement on the need for change, people were divided on the pace.
Yet with regulators across the world bringing in tougher rules to better police 'sustainable' activities - and with more bad practice being challenged in court - executives in the Swiss mountain resort said they were focused on sustainability.
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