(30.11.2022) Various factors are holding back companies from making ecological changes. According to the ERM Report 2022 published by the Lucerne University of Applied Sciences (HSLU), 65% of the companies surveyed see costs as a major obstacle to reducing their environmental impact.
Measured in terms of CO2 emissions, energy and water consumption, and waste management, but also regarding the environmental aspect of the product or service sold, eco-responsibility remains a parameter that Swiss companies integrate disparately into the company's risk management process.
Nearly two-thirds say they lack the financial resources to make their operations more sustainable, while almost 56% point to a lack of time, 38% to insufficient expertise in the field, and 33% believe that their operations are too low-impact on the environment to be challenged.
Most of the companies surveyed consider climate risk to be of moderate importance: almost one in three companies fail to define it as a separate risk category in their management process, and about one in two do not take an interdisciplinary approach to it. In addition, one in three companies does not consider climate risk at all in their strategy. This lack of consideration may be due to insufficient historical climate risk data, which also proves difficult to categorize for many companies.
According to the authors of the study, this failure may be due in part to a lack of risk analysis skills. However, it seems that many companies do not grasp the gravity of this complex issue for their survival.
Last modification 30.11.2022
