You may already be on a journey integrating sustainable or green practices into the way you do business and reaping the rewards for doing so. And maybe you have a handle on your direct and indirect greenhouse gas emissions and how the cost of carbon will impact the supply chains in which you participate. But perhaps it’s an area that you may want to explore but don’t know where to start, you don’t have the resources to dedicate to it, you think it’s not relevant or it’s just going to add costs to your bottom line.
If you are in the latter camp, times are rapidly changing and climate change is now an important issue that needs to be factored into your business strategies. The introduction of an emissions trading scheme or related measures is evidence of that. Although under the current scheme only certain businesses have direct obligations to account for their emissions, the effect of a cost on carbon will impact all through increased costs.
There is a similar charge with sustainability. Your stakeholders and customers are increasingly demanding sustainable products and services and higher levels of corporate responsibility and transparency. This is both an international and a local phenomenon.
More and more businesses are under increasing pressure from stakeholders (customers, employees, funders, shareholders and even suppliers) to disclose what they’re doing to make their business more sustainable and to meet the challenges of climate change. Do you know how you stack up?
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| A strategic approach to corporate responsibility |
Aligning your corporate responsibility efforts with your core business strategy may give you a strategic advantage over your competitors. To do this you need to rethink the way you manage, measure and demonstrate your social, environmental and ethical performance.
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| Carbon accounting |
You can’t manage what you don’t measure. Measuring your carbon footprint is the first step towards managing your CO2 emissions and for those who would like to claim carbon neutrality. Understanding what it involves and how to do it can be difficult as there are various options available to you. But get it right and you can really make an impact.
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| Sustainability reporting |
Having a robust sustainability report helps your business communicate your efforts to your customers, stakeholders and staff. Knowing what you should report on will help you ensure that your efforts are focused in the right direction to make a difference.
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| Carbon markets |
With the emergence of a global carbon market there are significant business opportunities for the creation of new revenue streams. Understanding these new markets is challenging, but by applying our New Zealand experience could mean the world is your oyster.
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| Managing your business in a carbon constrained world |
With increasing pressures from consumers and stakeholders for business to responsibly manage their emissions and produce low carbon products and services, as well as the probable introduction of an NZ emissions trading scheme (ETS) there are a number of risks and opportunities emerging for businesses in New Zealand. Understanding what these opportunities and risks mean for your business could put you a step ahead of your competitors.
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