Home / Climate Action in Spanish Businesses. 2024.
First study in Spain to analyze the real impact of climate action on business competitiveness, including small and medium-sized enterprises.
Despite their relevance and representativeness in the economy, studies on the business climate transition have mainly focused on large corporations, which, in addition to being more regulated, have greater resources to adapt. As a result, SMEs, which make up 99.8% of the Spanish business fabric and generate 61.8% of employment, have been largely left out of the analysis, despite their fundamental role in the transition to a low-carbon economy. This exclusion represents a critical gap that needed to be addressed, and this comprehensive analysis was carried out to do so.
This report is an essential contribution to understanding how Spanish companies are addressing the climate transition, with a pioneering approach that not only measures the level of corporate climate action but also explores its relationship with competitiveness. Through a representative sample of 800 companies, the study provides an overview of sustainability strategies in different sectors and company sizes, allowing for the identification of barriers, opportunities, and mechanisms for effective climate action.
The relevance of this study lies in two fundamental aspects:
This report provides a key reference framework for governments, investors, and businesses, offering data and recommendations to accelerate the climate transition from a pragmatic and evidence-based approach. At a time when sustainability is becoming a strategic factor in global competitiveness, the findings of this study can guide both public policies and business strategies for a greener and more resilient economy.
Length: 63 pages.
Available languages: Spanish and English
Findings suggest that climate action has a positive impact on competitiveness. Companies that embed sustainability into their strategies achieve higher levels of innovation, internationalization and financial stability.