Quebec Business
manufacturing sector 2022
This very first sectoral barometer highlights the level of commitment of manufacturing companies to climate action and the transition to a low-carbon economy.
Accelerating the transition to a low-carbon economy - Manufacturing companies perceive more benefits and opportunities to seize than all businesses in Quebec.
Consult the reportOur partners for this barometer
Partners
Research firm
Main highlights from the study
Consult the press releaseManufacturing sector companies perceive more benefits and opportunities related to climate action and the transition to a low-carbon economy than all businesses in Quebec (30% vs 21%)
The main business opportunity to seize according to them is: Create and offer products, solutions, and services that meet new needs and market expectations (60% vs 43%).
Manufacturing companies are significantly more likely to integrate climate considerations at the time of a major investment than all companies in Quebec (15% vs 6%).
They are more likely to consider greenhouse gas (GHG) emissions and energy consumption when choosing new equipment (53% vs 42%). However, the proportion of manufacturing companies that invest in research and development to prioritize at least partly adaptation to climate change or to generate products and solutions compatible with a low-carbon economy is comparable to that of all businesses in Quebec (26% vs 22%).
The main factor that triggers manufacturing companies to take on climate action is : “concerns and ideas of employees and managers” (45% vs 25%).
The global environment/climate crisis comes second (44% vs 40%).
- The third most important element that triggers manufacturing companies to take action is :
“benefits and new business opportunities to be seized”, while this same aspect is ranked 12th for
all Quebec companies (18% vs 4%).
“benefits and new business opportunities to be seized”, while this same aspect is ranked 12th for
all Quebec companies (18% vs 4%).
Awareness of climate change and the transition to a low-carbon economy is highest among manufacturing companies. They are significantly more numerous than all the companies in Quebec to declare
Being well informed about climate change (79% vs 68%)
Being well equipped to act within their company to deal with climate change (70% vs 58%)
Witnessing concrete examples that the transition to a low-carbon economy is already underway within their sector of activity (32% vs 24%)
Our recommendations 2022
1.
Resilience of the manufacturing sector
- Promote and stimulate the pursuit of new business opportunities emerging from transition
- Raising awareness and helping companies cope with climate risks (transition plan)
- Seizing the “moments of truth” to help businesses:
✓ Aligning with plausible transition pathways
✓ Realizing the benefits and seizing the business opportunities of transition
2.
GHG emissions measurement/ Data/ Expertise
- Promoting access to expertise through shared resources
- Performing a “GHG Diagnostic”: The starting point for any investment
- Helping managers identify their significant sources of emissions
- Generate open, anonymized data by sector and value chain
3.
Strategic role of executives and boards of directors
- Train the boards of directors and management teams in the manufacturing sector on ‘Effective Climate Governance’.
- Facilitate the engagement of managers and employees at all levels – triggers for taking action!
4.
Climate literacy
- Raising awareness and understanding of climate and transition issues
- Foster constructive dialogue within the business ecosystem
- Promoting inspiring examples from Quebec: Continuing “master classes” and case studies
Become partners of a Barometer
Be part of those who are driving the transition forward in a concrete way.
Join us to amplify impact, guide transformation and build a low-carbon, sustainable and prosperous future.
Some 20 influential partners and collaborators have joined QNP to produce the Quebec Business Transition Barometers™ since 2022.
Together, we are informing strategic decisions, mobilizing the business ecosystem and revealing essential data to accelerate climate action by SMEs across Quebec.
I want to support the creation of a Barometer.Some 20 influential partners and collaborators have joined QNP to produce the Quebec Business Transition Barometers™ since 2022.
Together, we are informing strategic decisions, mobilizing the business ecosystem and revealing essential data to accelerate climate action by SMEs across Quebec.
Measure to better target and act together
Sectoral and regional Barometers: strategic profiles tailored to your reality.
QNP develops sectoral and regional Barometers to inform decisions, support the mobilization of key players and fuel concrete action plans tailored to the challenges of each sector or territory.
Each Barometer includes reliable comparisons with all Quebec businesses, enabling interventions to be better targeted and real progress in the climate transition to be tracked.
Want to accelerate the climate transition in your sector or region?
I want to explore creating a barometer.Each Barometer includes reliable comparisons with all Quebec businesses, enabling interventions to be better targeted and real progress in the climate transition to be tracked.
Want to accelerate the climate transition in your sector or region?