Cognitive Biases in Corporate Climate Action How industry leaders are mitigating cognitive bias in the transition to a low-carbon economy

"While previous research has suggested that climate change inaction by corporations has been the result of regulatory uncertainty, short-term economic pressures or compensation structures linked to environmental exploitation, this study analyzes the role of cognitive biases or heuristics in corporate decision making. Canada’s most influential government, business and civil society leaders were interviewed on how cognitive biases contribute to climate change inertia within their industry circles. The resulting research highlights their strategies for surmounting the psychological barriers and continuing to push for change in the transition to a low-carbon economy. "