Transition Pathways: Transport and Logistics

For HSBC’s Transition Pathways survey, HSBC has worked with Kantar. The survey is not limited to or wholly-representative of HSBC’s customer base and covers 302 key financial decision makers from businesses operating in the transport sector, comprising Road and Rail (108 businesses, with Road covering freight/services and excluding autos/passenger) Air and Maritime (64 businesses) and Logistics and Delivery (93 businesses). The survey findings and responses have not been independently verified. Businesses were further identified as Freight only (148), Passenger only (49) and those transporting both freight and passenger (105).

Businesses were located across Europe (137), North/Central America (77), Asia (52) and the Middle East (36). Overall, 61 (20%) had a turnover between $5 and $10m, 101 (34%) had a turnover between $10 and $500m, 140 (46%) turnover in excess of $500m of which 65 (22%) had a turnover in excess of $2.5bn. The majority, 191 (63%) had been established for more than ten years and a further 63 (21%) for more than five years.

Data was collected through an online questionnaire and the survey ran for three weeks from 28 September to 18 October 2022.

In preparing this survey, HSBC has relied upon appropriate available data, information and responses given at the time of writing. This report should not form the basis of any third party’s decision to undertake, or otherwise engage in, any activity and third parties do not have any right to rely on it. Neither HSBC nor Kantar accept any duty of care, responsibility or liability in relation to this research or its application or interpretation, including as to the accuracy, completeness or sufficiency of it or any outcomes arising from the same.

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