In our 2013 Going beyond philanthropy? Pulse-check on sustainability report, 38% of the companies surveyed said that energy and carbon-related costs were their top strategic priority for the next five years.
Countries in ASEAN have made serious commitments to carbon reduction. Indonesia, for example, has committed itself to reducing carbon levels by up to 26% from its 2010 business-as-usual level by 2020.
Countries worldwide are focussing on carbon reduction and creating regulations that place greater demands on companies.
The first step in managing your carbon footprint is measuring carbon emissions and identifying operational improvements and carbon reduction opportunities.
Addressing your carbon footprint is important because it:
- results in reduced costs from energy efficiency and technological innovations
- supports your social licence to operate
- enhances your company and brand image
- provides a competitive advantage in the marketplace, and
- future-proofs your business against new risks, such as regulatory changes.
We can help you:
- understand the carbon impact of your business
- form an emissions reduction strategy supported by financial impact projections
- navigate the complex organisational changes needed to put your strategy in place
- understand the data that needs to be collected and the management information systems and processes that need to be in place
- identify climate change risks and opportunities
- develop high-level climate change strategies and implement them, and
- participate in and benefit from the carbon disclosure project (CDP). PwC has been the global sponsor and advisor of the CDP from 2008 to 2013, so we can provide insight on:
- CDP objectives and requirements
- filling out the CDP questionnaire, and
- the climate and sustainability data that needs to be submitted to the CDP.
Case studies
- Carbon inventory and reduction strategy
- Carbon Disclosure Project support
Carbon inventory and reduction strategy
Challenge: The client recognised that their operations in high climate impact industries couldn’t fully estimate the financial risks of future climate change policies and regulations in their multiple countries of operation.
Solution: We developed a baseline greenhouse gas inventory for the client’s global operations and identified opportunities for carbon reduction. We then developed a business case and implementation roadmaps for carbon reduction initiatives in green technologies, energy efficiency, renewable energy, and operational improvements. We also calculated the carbon and cost reduction targets for the initiatives.
Results: The client achieved the projected carbon emissions and cost reductions.
Carbon Disclosure Project support
Challenge: The client’s buyers wanted to submit a CDP supply chain questionnaire, but they weren’t sure how to do it, or how it would impact their business.
Solution: We conducted workshops on CDP requirements and carbon inventories, walked them through the questionnaire, evaluated how they coped with climate change threats, and identified the business implications of responding to the CDP.
Results: The client had a thorough understanding of the CDP, the business implications for disclosure, and the tools to submit meaningful information to the CDP.
