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Contribution Details
Type | Master's Thesis |
Scope | Discipline-based scholarship |
Title | The importance of SMEs in the transition to a net-zero economy in Switzerland |
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Institution | University of Zurich |
Faculty | Faculty of Business, Economics and Informatics |
Number of Pages | 64 |
Date | 2023 |
Abstract Text | With the aim of avoiding the worst effects of climate change, countries worldwide have committed to limiting global warming below 2.0 ◦C compared to pre-industrial levels. In response, achieving climate neutrality has become a critical objective, and Switzerland has committed to reaching this milestone by 2050. To achieve this goal, a combined effort from the government, organizations, firms and individuals is needed. Small and Medium-sized Enterprises (SMEs), which account for approximately 99% of all companies in Switzerland, play a crucial role in achieving this target. This study aims to investigate the barriers, motivations, and strategies of Swiss SMEs in their transition to a net-zero economy and to understand what is needed to accelerate the process. A mixed-method approach is employed, combining an extended literature research, two qualitative interviews and a quantitative survey with 99 participants. The analyses indicate that SMEs are lagging behind in the transition, with 74% of the companies still not having set a net-zero target and only 7% having reached net zero so far. Regulatory pressures, stakeholder demands and resource limitations are identified as main barriers. The results emphasize the importance of integrating sustainability into business strategies and the need for targeted support and incentives for SMEs. It is fundamental to prioritize climate impact and to consider the pathway to net-zero emissions. |
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