In the last five years, many entrepreneurs in Germany have experienced the consequences of climate change:have already impacted their entrepreneurial business activities. Companies from agriculture, energy and water supply, and the hospitality industry were particularly affected. According to a survey by IfM Bonn, managers of small and medium-sized enterprises and large companies perceive the effects of heat periods and heavy rainfalls as particularly threatening.
The degree of engagement with"climate risks" depends very much on the personal opinions of the company owners, managers, and employees. In contrast, , information, and awareness-raising activities by politics or associations play a less important role.Companies in Germany may also be affected by climatic impacts in the regions of their suppliers or customers, regardless of whether they are affected directly.
risks, is significantly more limited compared to large companies due to their lower purchasing volumes and resources.
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Source: MarketWatch - 🏆 3. / 97 Read more »