Markets & Policy

Cleantech bosses apparently unbowed by Covid-19

A clean energy and e-mobility executive recruitment firm says 67 chief executives and founders remain relentlessly positive in the face of the public health crisis and expect the global recovery from the pandemic to be led by a green revolution.
Max Hall
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Max Hall
A green revolution will guide us beyond Covid-19, according to optimistic cleantech company bosses. | Image: distel2610, pixabay

A survey of 67 bosses of cleantech firms has revealed, depending on your outlook, the potential power of positive thinking or an extraordinary desire by the executives polled to bury their heads in the sand as the Covid-19 crisis unfolds.

Hyperion Executive Search yesterday issued a press release to publicise the results of a survey it carried out among CEOs and founders of clean energy and e-mobility firms in the U.K., U.S., France, Germany, the Netherlands and Switzerland and highlighted 85% of respondents said they expected the Covid-19 economic recovery to be led by green businesses – despite the mixed signals being sent out on that issue by global policy makers.

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According to Hyperion, a client of the PR division of Texan consultant Mercom Capital, 65% of the company bosses surveyed expect to be recruiting staff this year, with only 5% anticipating a need to lay off workers.

The results for revenue-based expectations were positive, if confusing, with 75% of respondents said to be expecting growth this year whilst 61% predicted “revenues will still be as expected or better.”

Some 85% of the executives polled, however, did concede investor confidence had been damaged by the coronavirus epidemic.

This article was amended on 15/07/20 to clarify Hyperion is a PR client of Mercom Capital and was updated to show the number and location of correspondents to the survey. The article was further amended on 16/07/20 to reflect the company which conducted the survey is called Hyperion Executive Search, not Hyperion Executive Research, as previously stated.

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