Carbon management strategy

The Intergovernmental Panel on Climate Change (IPCC)’s Fourth Assessment Report in late 2007 confirmed the urgency of global climate change and that it was most likely caused by human activity. As a consequence companies operating in Australia will face changing weather conditions and a new regulatory, operating and financial environment. There will be significant impacts on water and energy prices and availability. The introduction of the regulatory frameworks, notably the National Energy and Greenhouse Reporting Scheme and the Carbon Pollution Reduction Scheme, will affect not just the entities captured under the relevant legislation, but also their suppliers and customers.

The Middle Way can help companies to understand where they stand, to identify risks and opportunities, and to plan actions that are consistent with corporate objectives.

Steps we undertake to assist the development of a Carbon Management Strategy include some or all of the following according to the clients’ needs:

• Understanding the organisational Carbon and Water Footprints
• Identifying physical, regulatory and reputational risks and opportunities
• Developing a consensus on the organisational position and policy on climate change, and strategic objectives and targets for carbon management
• Comparing performance with other companies and sector benchmarks
• Working with managers to identify opportunities for energy efficiency improvements greenhouse gas mitigation, offsets and adaptation.
• Considering supply chain issues and opportunities
• Incorporating climate change into infrastructure investment decisions