Carbon reduction: Time for action

In the current climate, the temptation is to focus on the short-term survival issues. However, businesses can not afford to ignore sustainability and climate change, it is time for action.  Current events show the need to be more alert to risk.

Carbon management is a crucial strategic issue from both a survival and growth perspective. Recent findings from the Carbon Disclosure Project (CDP) Report 2008 show this is one area where companies can reduce risk, reduce costs, engage stakeholders and identify opportunities.

With a significant increase in responses this year, the carbon agenda has clearly moved from debate to action. More companies are realising its importance to their business and the benefits of effective carbon management. This still varies by sector and the findings suggest more should be done to keep this critical issue high on agendas.

Not looking at your businesses carbon footprint will not be an option - the Carbon Reduction Commitment comes into force in 2010.  This is a mandatory emission trading scheme covering all UK organisations with electricity consumption greater than 6,000 mega watts per annum. Now is the time to take action and ensure the effects of climate change are integrated into business strategies, as well as resourcing and investment decisions.

To understand more about these issues and the impact for your business, please visit Sustainability and Climate Change or contact Clare Marsh in the sustainability practice on +44(0)121 265 5201.

The Carbon Disclosure Project collects data in relation to greenhouse gas emissions and climate change strategies from FTSE 350 companies as well as major corporations around the globe. As global advisor to the CDP, PricewaterhouseCoopers LLP (PwC) analysed the carbon disclosures of over 3,000 blue chip companies. This year's CDP report by PwC looks at the carbon emissions of 234 FTSE350 companies and what they are doing to reduce their emissions. 

View a full copy of the Carbon Disclosure Project 2008

 

Contact details
Email: Clare Marsh
Tel: +44 (0) 121 265 5201