The Government’s principal policy tools to reduce emissions include the Emissions Trading Scheme (ETS), a preference for renewable energy and more focus on energy efficiency.
Even if your business is not directly affected by the ETS and other policies, your business will inevitably wear some of the cost. It could come in the form of your suppliers passing on additional costs resulting from their own obligations under the ETS. Or, your own customers may have begun making buying decisions based on the sustainability of their supply chain, in which you are a link. For some, this may place their business model under pressure.
How are you managing increased costs and changing expectations within your business?
Clearly understanding your liabilities and exposures within a regulatory environment is critical to managing business risks that arise. Once you understand these, it is important that you assess where you sit with respect to the exposures. As with most business risks a robust management strategy starts with a clear understanding of your current state.
We can help you understand and respond to the risks, challenges and opportunities by working with you to: