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Monday, January 6, 2025
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German firms to invest in sustainability despite uncertainty

Agency Report

Many business owners in Germany are planning to invest in sustainability in 2025, despite many believing that the outgoing government’s energy policy lacks a secure framework.

The data, published on Saturday, showed over one-third or 34.6% of the 755 decision-makers surveyed by YouGov rated the energy policy framework conditions in the country as “very poor” or “poor.”

Around 27% described the situation as “average,” while nearly 30% assessed it as “good” or “very good.” The survey was conducted for consultancy firm Genoverband in December.

“Even large companies, which have entire teams of specialists for sustainable transformation, feel uncertain,” said Jürgen Wache, chairman of the board of the Hannoversche Volksbank.

Many companies intend to invest despite uncertainty

Nevertheless, about seven in 10 companies (66.9%) plan to invest in energy efficiency and renewable energies this year.

The most frequently mentioned measures include switching energy supply to renewable energies and the energy-efficient refurbishment of operational buildings, the survey showed.

Additionally, several companies are planning to modernize their machinery or electrify their fleets.

However, nearly a quarter of business owners (23.7%) stated that they do not intend to invest in sustainability in 2025.

Sourcedpa

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