Benefits
-
+ A leading group that learns, shares and
demonstrates good practice
+ Future proof your organisation for a
prosperous low carbon future
+ Enhanced reputation
+ Access to carbon reduction expertise and
support
+ Annual awards and regular network
events.
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Risks of doing nothing
Financial
- insurance premiums go up - more extreme and adverse weather events will cause an increase in risk, which will lead to higher insurance costs
- energy costs rise - energy-intensive industries generate most emissions, which they will then have to pay for. Energy security around fossil fuels weakens.
Operational
- short term - climate change affects business directly by causing infrastructural damage, which is cost-intensive and can be very disruptive to supply chains
- long term - changing weather patterns can reduce the availability of raw materials and the reliability of supply chains, affecting the sustainability of the business itself.
These risks are all amplified by the globalisation of political and economic structures. For instance, a weather-related disruption in a distant corner of the world can seriously affect the availability of raw materials availability and the sustainability of supply chains.
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