The client recognised that operations in high impact industries were especially risky as they were not in a position to estimate potential financial risks under future climate change policies and regulations.
Firstly, we developed a baseline greenhouse gas (GHG) inventory for the client’s global operations. Following the completion of the carbon baseline inventory, we identified opportunities for carbon reduction. The team developed the business case and implementation roadmaps for various carbon reduction initiatives related to green technologies, energy efficiency, renewable energy and operational improvement.
We were instrumental in the development of carbon reduction strategy roadmaps and performed the calculations to a set carbon reduction target moving forward through initiatives that not only cut carbon emissions but also costs.
The client’s buyers had requested it to respond to the CDP supply chain questionnaire. But the client was unsure how to respond as well as the potential implications that responding to the CDP might have on their business.
Several workshops were conducted to understand CDP's requirements and to support the client in developing a carbon inventory. This was followed by reviews of the CDP questionnaire. A strategic evaluation was also conducted to look at how the client copes with threats arising from climate change and the potential business implications for responding to the CDP.
The client obtained a detailed understanding of the CDP, the positive implications for disclosure and tools required to provide a meaningful response to the CDP.