There’s been a sharp decline in CEOs’ prioritization of sustainability - that’s according to the latest research from Bain & Co.

Instead AI, growth, inflation, and geopolitical uncertainty have risen to the top of their agendas.

That said, this slowing momentum on sustainability could come with a tangible cost.

Bain estimates a temperature increase of 2 degrees Celsius could cut $6 trillion from the value of the S&P 5001, in addition to the devastating environmental and social consequences.

Many companies are reassessing, adjusting, and, in some cases, retracting their climate commitments.

Rachel Kelly has more in this week's Eco Money.