Survey

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Sustainability is a high priority in logistics

The topic of sustainability remains important: according to a survey conducted by the Logistics Hall of Fame in cooperation with the Schunck Group, more than 50% of companies rate the risk of suffering financial damage due to the effects of climate change as medium to high. In addition, more than 70 percent of those surveyed have already invested in the sustainability-related areas of responsibility of climate, compliance and employees.

Thomas Wicke, Managing Director of the Schunck Group. © Schunck Group

"It is now more important than ever for logistics companies to actively address the issue of sustainability," emphasizes Thomas Wicke, Managing Director of the Schunck Group. The survey, in which an executive C-level panel of selected managing directors, board members and entrepreneurs from the Logistics Hall of Fame network and the Schunck Group take part, is conducted several times a year on changing topics. The survey paints a current picture of the mood in the industry and does not claim to be representative.

Every second transport and logistics company currently rates the risk of suffering financial losses due to the effects of climate change as medium to high.

For this reason, 75 percent of the companies surveyed have already invested in sustainability-related areas of responsibility in accordance with the so-called ESG criteria. ESG stands for the abbreviation of the English terms Environment, Social and Governance. With the help of the criteria, companies disclose in writing which services are already being provided in these areas. More and more companies will be legally obliged to do so in the coming years.

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Compliance, climate and employees usually a particular focus

When looking at the individual areas of responsibility according to ESG criteria, the companies surveyed stated that they had primarily invested in the areas of compliance (83.3%), climate (77.8%) and employees (72.2%). Health and safety is also very important to companies - 61.1% of survey participants had already invested in this segment. The areas of resource scarcity (16.7%), biodiversity and demographic change (11.1% each) play a rather subordinate role.

Logistics industry: cybercrime is the biggest threat

When asked about the risks that currently pose the greatest threat to the logistics industry worldwide, the topic of cybercrime (83.3%) took first place, as in the previous surveys in the survey series. This is followed by a shortage of skilled workers (50 percent) and political risks (41.7 percent), followed by supply chain disruptions (33.3 percent). Compared to the surveys of previous quarters, it is clear that the fear of cybercrime has increased further, while the risk of a shortage of skilled workers is currently perceived as slightly less threatening. Possible risk factors such as the outbreak of a pandemic or natural disasters, on the other hand, play a subordinate role in the risk ranking. The respondents on the panel had the option of selecting up to three risks for this question.

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