1、CEO and Investor Outlook SurveyWhere is the World Goingin 2025 and Beyond?Contents0105020603070408ForewordThe Trump EffectInnovationESGGeopolitics LeadershipExecutive SummaryMacroeconomic OutlookPage 03Page 16Page 22Page 27Page 32Page 04Page 05Page OutlookGeopoliticsInnovationThe Trump EffectESGLead

2、ershipExecutive SummaryIn the three weeks immediately following the 2024 U.S.election,we took the pulse of more than 300 global CEOs and 380 institutional investors representing approximately$10 trillion USD in market cap and AUM to identify risks and opportunities in the year ahead.Despite ongoing

3、policy,political,legislative and regulatory challenges,CEOs and investors are bullish about prospects for growth in 2025.Nearly 80%of CEOs predict the economy will improve in the next six months,a spike from just 45%last year.Both CEOs and investors anticipate strong M&A activity,increased levels of

4、 domestic and international investment,accelerated hiring and advancements in technology and innovation.However,amidst this positive outlook,CEOs and investors are closely monitoring escalating geopolitical tensions,investor activism and trade negotiations.As always,the operating environment remains

5、 fluid rife with challenges and opportunities.We hope that the insights in this report will serve as valuable guideposts as you navigate this dynamic environment in the year ahead.Wishing you all the best in 2025.Ursula BurnsChairwomanTeneoPaul KearyCEOTeneoForeword01ForewordInnovationESGL OutlookGe

6、opoliticsInnovationThe Trump EffectESGLeadershipExecutive SummaryExecutive SummaryExecutive Summary02Macroeconomic Outlook32-point year-over-year increase in CEOs who expect the global economy to improve in the first half of 2025.77%of CEOs(up from 45%in 2024)and 86%of investors expect the global ec