The researchers from the Lund School of Economics, Fredrik NG Andersson and Susanne Arvidsson also state that more knowledge is needed about what climate risks are and how they should be mapped within Swedish companies.
- Companies that have a lot of emissions are very exposed to climate change and they understand that.
Companies that work directly with consumers also understand that consumers can quickly change their behavior, while some companies lack those driving forces and do not keep up, says Fredrik NG Andersson, associate professor of economics, at Ekonomibyrån.
"Droughts and floods easier to understand"
The report shows that there is a willingness on the part of companies to change, but that it is not always enough.
- The physical risks such as floods or droughts are easier to understand than adjustment risks, which are about how consumers and politicians act as a result of climate change.
It can be about consumers opting out of a product that is not climate-smart or if politicians tighten climate policy quickly and drastically.
These types of risks are further ahead in time, which according to the researchers makes them difficult to take in.
- They are on a time horizon that many companies are not used to thinking about, says Fredrik NG Andersson.
Do not miss the whole section of Ekonomibyrån: Stop growth? on SVT Play.