A cross-sectoral analysis of climate change risk drivers - How the energy sector compares to other sectors in Germany, Austria and Switzerland

摘要

Companies are increasingly concerned with current and future climate change risks that have the potential to generate a substantial change in their business operations, revenue and/or expenditure. Therefore, the paper focusses on the companies' perspective and aims to create a higher awareness of companies' risk drivers when it comes to specific challenges of different sectors as well as each company within its sector. Based on companies' responses to CDP's climate change information request 2013, including 125 companies from Germany, Austria and Switzerland, the paper provides a detailed companies' perspective on climate-related risk-drivers, comprising i) changes in regulation, ii) changes in physical climate parameters and iii) changes in other climate-related developments. The results facilitate a comparison of risk drivers between and within sectors. This also enables companies to i) position themselves regarding the potential threat they might be facing now and in the future, ii) assess their competitive advantages and disadvantages as well as prioritize risk drivers they have to deal with by evaluating their own position within the sector-specific analysis. Regarding specific threats companies are facing, they furthermore have the possibility to take good practices and innovative ideas from companies out of different sectors into consideration, aiming for an efficient and effective adaptation to climate change. Thereby a special focus lies on the energy sector in Germany, Austria and Switzerland.