Template-type: ReDIF-Paper 1.0
Author-Name: Palea, Vera
Author-Email: vera.palea@unito.it
Author-Workplace-Name: Department of Economics and Statistics “Cognetti de Martiis”, University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/

Author-Name: Gordano, Silvia
Author-Email: silvia.gordano@unito.it
Author-Workplace-Name: Department of Economics and Statistics “Cognetti de Martiis”, University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/

Author-Name: Miazza, Aline
Author-Email: aline.miazza@unito.it
Author-Workplace-Name: Department of Economics and Statistics “Cognetti de Martiis”, University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/

Author-Name: Lemme, Michele
Author-Email: michele.lemme@unito.it
Author-Workplace-Name: Department of Economics and Statistics “Cognetti de Martiis”, University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/

Author-Name: Migliavacca, Alessandro
Author-Email: alessandro.migliavacca@unito.it
Author-Workplace-Name: Department of Economics and Statistics “Cognetti de Martiis”, University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/



Title: Corporate awareness and readiness to climate change: Evidence from the GRINS project on Piedmont data
Abstract: This study employs unique firm-level survey data from the GRINS research project to map climate strategies of companies operating in the Piedmont region and their associated governance factors. Drawing on a sample of 2,121 companies, mainly SMEs, we categorized firms’ responses to climate risks into different clusters based on climate-related investments made and planned (“Wait-and-see”, “Planners”, “Foresighted”, and “Proactive”), and assessed their prevalence. Our findings indicate that most Piedmont companies adopt a “wait-and-see” approach to climate investments, while approximately 20% exhibit a “proactive” climate profile. More proactive climate strategies appear to be positively associated with corporate literacy on sustainability issues, active participation in training activities, the presence of a sustainability manager, and the preparation of a sustainability report. These findings provide valuable guidance for policymakers in supporting firms’ commitment to aligning with EU climate objectives.
Length: 18 
Creation-Date: 2025-04 

File-URL: https://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2025dip/wp_03_2025.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:202503