Almost half (47%) of overall business leaders surveyed and 57% of small business leaders surveyed agree that it will become “significantly more expensive” to do business due to increased emissions reduction requirements in supply chains.
Six in 10 business leaders have reported losing existing or prospective new business owing to stringent emissions reporting requirements, according to a survey of 500 executives conducted by Schneider Electric.
Small companies, in particular, are disproportionately disadvantaged, says Schneider Electric on May 8, with 78% of respondents reporting a loss in business owing to compliance issues. This is compared with 52% of large companies being affected.
