The transition to a low-carbon economy, ESADE- Fundación Caja de Ingenieros
The ESADE Institute for Social Innovation and Fundación Caja de Ingenieros further explore the key challenges companies face in the sustainability area, launching this research project dedicated to finding solutions to mitigate the effects of climate change in different business areas.
Involving manufacturers, suppliers, consumers and the public sector is the key to incentivising a transition towards more sustainable mobility
Hacia una automoción baja en carbono: Desafíos y oportunidades para la inversión sostenible
The automotive industry is an essential part of the Spanish economy – Spain is the world’s eighth-biggest producer of automobiles – but it is also the sector associated with the most greenhouse gas emissions. Transport accounts for 26% of Spain’s overall emissions, with private cars accounting for 63% of this percentage.
The report by ESADE and the Caixa d’Enginyers Foundation suggests that, in contrast to the prevailing trend in Europe, Spain’s greenhouse gas emissions have increased by 17.8% since 1990s.
According to the report, climate change poses physical, regulatory and technological risks for the financial sector, but it also presents an opportunity: the companies that best adapt to a more environmentally sustainable economy will enjoy competitive advantages, greater profitability for their investments and better financing opportunities.
Researchers: Daniel Arenas, Heloise Buckland y Diego Andreucci.
La transición hacia una economía baja en carbono: riesgos y oportunidades. Casos de innovación del sector alimentario
This study identifies the key risks associated to climate change for two basic industries: finance and food. It also details the strategies that have been implemented to transition towards a low-carbon economy. On the one hand, important asset management companies have identified climate change as a “systemic risk” for the finance industry. On the other, the food industry is one of the production areas most affected by climate change. This is especially true in Spain, where desertification represents a serious threat for agriculture. At the same time, the food industry is a significant contributor to global emissions.
Based on a series of interviews with experts in the finance industry and a participatory workshop with key players in the food industry as well as a survey amongst leaders in the Spanish food and beverage industry, this study analyses and describes some of the transition strategies that have been adopted in both industries. After a summary of the climate horizon, the study analyses trends in the financial industry at the global and local scale. The analysis of the food industry focuses primarily on the situation in Spain and stands out for a series of innovations implemented in terms of food production and handling as well as in its distribution.