fbpx ...

Explosive research for Australian businesses: people are turning down high paying jobs for 1 surprising reason

New research has discovered that about half of Australians, including 71% of Gen Z and 52% of Millennials would refuse to be employed by a company that did not do its part to address climate change.

The research also discovered that 84%, that’s seven out of eight, Australians believed businesses needed to do more to lower their carbon footprint and emissions.

Conducted by Lonergan Research for ELMO Software, the ‘Climate at Work Report’ has explored Australians’ attitudes towards climate change action and what it means for employers. 

Key findings of the study are:

  • Almost half (48%) of Australians – 71% of Gen Z and 52% of Millennials – would not work for a business that did not take action to address climate change.
  • Seven out of eight (84%) Australians believe Aussie businesses should do more to reduce their emissions and carbon footprint.
  • Climate change makes almost three out of four (74%) Aussies worry about the future with 46% worried about their own, and their families, physical and mental wellbeing.
  • Four out of five (82%) Australians believe the Federal Government should do more to address climate change.
  • Over two fifths (44%) of Australians rated the Federal Government efforts in addressing climate change as poor.
  • Three quarters (75%) of Aussies believe that climate change action could generate new jobs

Environmental credentials key link to community support

A business’ environmental credentials also influence the amount of support they can expect from the community. Close to two thirds (64%) of Australians’ level of support for a business is influenced by their environmental credentials. This is higher among Gen Z (83%) and Millennials (70%) while Gen X and Baby Boomers were slightly less influenced at 62 per cent and 50 per cent respectively.  

It wasn’t just businesses that were told to do more, the Federal Government and State Government’s efforts to address climate change are rated behind community groups and Australian businesses.  

Almost half of Australians 44 per cent rate the Federal Government’s efforts to address climate change as poor. The dissatisfaction is higher among people outside the capital cities with 45 per cent of respondents from regional and rural communities rating the Federal Government’s efforts as poor (43% in capital cities).

Meanwhile, State Governments also face criticism for their perceived lack of effort. Queenslanders are most likely to rank their Government’s efforts as poor (40%) followed by New South Wales and the ACT (36%), South Australia (35%), Victoria (34%) and Western Australia (24%).

In another warning sign for employers juggling their employees’ wellbeing, the report found climate change is causing three out of four Australians (75%) to worry about the future. The personal impact of climate change is a concern for 86 per cent of Australians with 58 per cent concerned about future generations’ standard of living. 

Close to half (46%) of Australians are concerned about the wellbeing of themselves or their family. The generation most worried about their wellbeing is Gen Z at 61 per cent followed by Millennials (48%), Gen X (44%) and Baby Boomers (39%).

While they are worried about the impacts of climate change, three quarters (75%) of Australians believe that climate change action could generate new jobs while more than half (52%) believe climate action will positively impact the economy. 

Job security and salaries are also expected to benefit by achieving globally agreed emissions targets. Two fifths of Australians (42%) believe hitting globally agreed emissions targets will have a positive impact on job security and a third of Australians (35%) believe it will even benefit the salaries/pay of workers. 

As initially reported by ITwire

Share this article on your social networks

Related Posts

Greenhouse Gas Emissions by Country: Understanding the Global Impact

Greenhouse gas emissions by country: Understanding the global impact. In this article, we will take a closer look at the top greenhouse gas emitting countries, sources of emissions, and efforts being made by countries to reduce emissions through increasing the use of renewable energy and improving energy efficiency.

Read More
GHG Reporting: Understanding and Mitigating Greenhouse Gas Emissions

Greenhouse gas (GHG) reporting is the process of measuring, reporting, and ultimately reducing an organization’s emissions. In this article, we will explore the basics of GHG reporting including its importance in understanding and reducing emissions, the process of GHG reporting, the standards and protocols available, and the challenges that organisations may face

Read More
5 key takeouts from the new IPCC Climate Report

The most recent 3.675 pages IPCC report has been hailed as the most searing indictment of the planet’s climate predicament. Here are 5 key takeouts.

Read More
Overwhelming majority of Australians look to Brands to make a climate difference

The research, released today at Nine’s State of the Nation Sustainability virtual event, showed that despite everyday Australians making changes to live more sustainably, the majority feel that as a country, we are not doing enough, and brands need to lead the way.

Read More
67% of retail investors now prefer ESG investments

According to new research from behavioural finance experts, Oxford Risk, two out of three retail investors are considering transferring their investments into ESG propositions.

Read More
Massive and rapid swing. 75% of Australian businesses leaders believe world is at climate change tipping point: Deloitte Report

Australian business leaders are becoming a lot more concerned about climate change. This shift is according to a new report and it shows a significant shift in opinion in just 8 months.

Read More
Climate Impact Measurement and Disclosure Growing Quickly Among Businesses

Many of the world’s biggest organisations have begun to share information concerning their carbon footprint in a new move that embraces transparency as organisations are increasingly seeing value in measuring their impact.

Read More
Australia Ranks Last Out Of 60 Nations For Climate Crisis Response Policy

Australia’s government policy response to the climate crisis was ranked last in an assessment of 60 nations released at the current global climate summit in Glasgow

Read More
The Maldives have max 80 years left: President says

The Maldives is renowned for being a great holiday destination, when the country’s name is mentioned, it inspires thoughts of …

Read More