Climate change is bottom of the priority list for Britain’s largest companies, a survey of business leaders has found – and their biggest shareholders are not much more exercised by the issue, according to a report.

More than half of the companies surveyed by YouGov for KPMG, the professional services firm, said there were more urgent issues, such as brand awareness, marketing strategies and corporate social responsibility. Just 14 per cent of them had a clear strategy for tackling climate change.