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Environmental Risk Management

Action to combat climate change through a range of economic instruments such as Emissions Trading Schemes, Carbon Taxes and incentives for renewable energy investment are set to change markets around the globe, and present opportunities and risks to corporations globally.

At Global Scene, our team of consultants help businesses negotiate the risks, understand the responsibilities and maximise the opportunities presented by climate change on a daily basis.

  

RISKS

Regulatory Responsibilities under:

the national greenhouse and energy reporting act
the carbon pollution reduction scheme

OPPORTUNITIES

cost savings / emissions reductions
marketing leverage
reputational advantages

At Global Scene, we have the knowledge, understanding and experience to assist
business with both NGER reporting
requirements and carbon exposure.  

Specifically, we can assist business:

  • Manage reporting requirements
  • Identify the carbon exposure of a business’ supply chain
  • Identify opportunities for exposure reduction and abatement
  • Understand their carbon exposure in comparison to competitors
 
   

Although the path of the CPRS through parliament has been uncertain, the legislation is likely to be in place by mid 2011.

The legislation will affect business in two ways; directly and indirectly.

Direct impacts from the CPRS will include those included in the NGER reporting scheme who will be initially allocated with permits and subsequently directly involved in the cap and trade activities.

Indirect impacts for small to medium enterprises (SMEs), or those not above the limits set by the NGER Act will be experienced through an organisation’s supply chain as the cost of carbon is passed on.

The extent to which this indirect impact will be felt by a business is referred to as its carbon exposure. Therefore understanding a business’s carbon exposure will be crucial to effective high level decision making and ultimately remain competitive.