2023 Quebec Business
Transition Barometer
The most important survey that provides strategic data on corporate climate action in Quebec.
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Watch the 2023 barometer webinar on replay
Experience a key moment to understand the state of climate transition for businesses in Quebec.
During this exclusive editorial panel, leading economic leaders discussed the issues, opportunities, and strategic levers related to the acceleration of the transition to a low-carbon economy.
With the participation of:
- Grégoire Baillargeon, BMO Financial Group, Quebec
- Stéphane Drouin, Investissement Québec
Animation :
- Anne-Josée Laquerre, QNP
Main highlights from the study
Consult the press releasePutting people at the heart of the transition
Environmental expertise (58,2 vs 25,0)
Committed management team (42.8 if aware of benefits, 41.3 if committed, 39.0 if aware of risks)
Committed sales (49.6 if committed, 49.1 if aware of profits, 47.1 if aware of risks)
Customers: the main source of pressure
Triggers: awareness and mobilization
The significant gap between the desire to act and taking action persists.
Our recommendations 2023
1.
Helping businesses rely on internal or external expertise
Companies with in-house or external environmental expertise have a Transition Index of 58.2, compared with 25 for those without. They are therefore implementing more than twice as many climate actions.
The presence of environmental expertise is the key factor determining climate action within businesses in Quebec, regardless of sector, size, or region.
In particular, those that rely on at least one full-time resource and/or an external advisory committee implement more actions and are more likely to be aligned with a credible transition pathway.
2.
Promoting and strengthening the strategic role of managers and boards of directors
L’engagement des dirigeant(e)s est en lien direct avec la mise en œuvre d’actions climatiques et tous les aspects de l’alignement sur une trajectoire de transition.
The knowledge of significant GHG emission sources of the company, even without having completed a full GHG inventory, is directly related to the implementation of climate actions.
3.
Valuing the role of employees and managers at all levels
4.
Promote the importance of resilience and adaptation to climate change
5.
Establish norms and a clear and predictable legal framework for sustainable and responsible communications and marketing.
6.
Increase climate literacy within the business ecosystem
60% of Quebec leaders declare that they are unable to explain in their own words what carbon neutrality is.
87% are unable to explain what decarbonization is and 86% cannot explain what direct and indirect greenhouse gas (GHG) emissions are. Furthermore, 50% of executives are unable to explain biodiversity in their own words.
To successfully transition to a low-carbon economy, it is essential that all leaders are equipped to participate in a constructive dialogue on the subject. It is our collective responsibility to help increase climate literacy within the business ecosystem of Quebec.
Be part of those who are driving the transition forward in a concrete way.
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.
Sectoral and regional barometers: strategic profiles tailored to your reality.
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?