Quebec Business
Aerospace sector 2023
The most important survey that provides strategic data on corporate climate action in Quebec.
The main objective of the study is to measure the current level of commitment of companies in the aerospace sector of Quebec towards climate action and the transition to a low-carbon economy. The study aims to assess the progress of companies – including SMEs – in the transition to a low-carbon and net-positive economy.
Consult the reportOur partners for this barometer
Experts
Research firm
Main highlights from the study
Consult the press releaseThe maturity level of the aerospace sector in response to climate action stands out compared to all businesses in Quebec.
71% believe they operate within a business ecosystem conducive to the transition to a low-carbon economy (vs 52%)
Management teams and boards of directors are significantly more engaged than those of all businesses in Quebec and are the main source of pressure to reduce greenhouse gas (GHG) emissions in the sector (52% vs 13%)
They are significantly more confident in reducing their GHG emissions in the medium and long term: within 5 years (71% vs 52%), by 2030 (85% vs 53%), and by 2050 (79% vs 56%)
Management teams and boards of directors are significantly more engaged than those of all businesses in Quebec and are the main source of pressure to reduce greenhouse gas (GHG) emissions in the sector (52% vs 13%)
They are significantly more confident in reducing their GHG emissions in the medium and long term: within 5 years (71% vs 52%), by 2030 (85% vs 53%), and by 2050 (79% vs 56%)
Significantly more companies in the aerospace sector have conducted at least one greenhouse gas (GHG) emissions inventory and set GHG reduction targets.
Half of the respondents have carried out at least one greenhouse gas (GHG) measurement, if only partially (50% vs 13%)
A quarter have already conducted multiple GHG inventories (25% vs 4%)
Nearly a quarter have set reduction targets (23% vs 11%)
A quarter have already conducted multiple GHG inventories (25% vs 4%)
Nearly a quarter have set reduction targets (23% vs 11%)
Companies in the aerospace sector are more likely to see profits and
opportunities to seize (60% vs 21%) related to climate change andthe acceleration towards a carbon-neutral economy
The business opportunities perceived by companies in the aerospace sector that stand out
of all the companies in Quebec are "positioning themselves as the supplier of choice,
preserve and strengthen the business relationship with clients and major clients"
(44% vs 16%) and 'reduce dependence on fossil fuels and the impact of carbon costs' (23%
vs 7%).
The level of climate literacy is significantly higher within the sector.
aerospatial
When asked about their familiarity with several climate-related terms, the level of
the knowledge of leaders in the aerospace sector is significantly higher for the
very large majority of the surveyed terms compared to all the companies of
Quebec. Moreover, only 4% of respondents revealed that they were unable to explain in their
own words "none of the choices proposed" while this proportion rises to 23% for
the entire leadership of Quebec.
Our recommendations
1.
Identify the "hot spots" in the value chains and mobilize the companies that
can influence these
To accelerate the reduction of GHGs and strengthen the individual capacity of companies,as well as the collective capacity of the sector to seize the business opportunities of the transition.
2.
Increase the influence of management teams and boards of directors engaged in the transition.
Withother industry leaders, boost their level of mutual support, influence and information sharing, for the good of all.
3.
Promote and document the evolution of the sector
In the form ofbalanced “transition stories” that enable leaders and employees to appropriate a common vocabulary around the sector’s transition pathway, key milestones and each individual’s contribution to GHG reduction.
4.
Help businesses assess where they stand on an individual basis.
And how their progress compares with the sector as a whole, possibly in the form of a sector diagnosis.
5.
Actively promote new customer requests and requirements
And new business opportunities to seize – these are the key elements that trigger aerospace companies into action.
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?