Regulatory change and new industry requirements
Well developed new policies, imposed by governments or key industry players, can directly drive environmental improvement and also present opportunities for early movers to be rewarded for their foresight.
Recent events around the world have demonstrated the need for evidence-based, fair and consensual policy and legislation on low carbon and sustainability — as well as efficient and effective implementation.
Our focus, for both our public and private sector clients, is on delivering tangible results, including:
Policy research and analysis: Governments and corporations (such as Walmart and Proctor & Gamble) are setting increasingly stringent green policies. For these organizations, understanding the implications of proposed policies is vital to:
- Ensure cost-effective responses
- Minimize adverse impacts and consequences
- Build acceptance of proposed changes
Conversely, for those impacted by policy change, an early and thorough understanding of a new policy, and the ability to influence its development, create competitive advantages.
Policy implementation: For many governments and corporations, implementing sustainability policy requires additional capacity and capabilities. Using external assistance for these one-off tasks is proving a valid and cost-effective solution, accessing international best practice and cross-disciplinary skills to minimize failure risk and rectification costs.
Carbon markets: Emerging carbon market mechanisms around the world are seeing companies and governments establishing and managing a portfolio of carbon assets, requiring new capabilities and creating new profit opportunities. For those in developing nations, the clean development mechanism creates further opportunities.
World Economic Forum
Prepare and facilitate two WEF sessions on ICT sustainability — at the India Economic Summit in 2009 and at the Davos Annual Meeting in 2010.
- Demonstrated the potential of ICT to create sustainable outcomes, including reducing emissions by 15 percent while achieving improved industry profitability.
- Also identified the importance of policy and international standards as enablers of change.
Provide advice on how to cost-effectively manage corporate compliance for a new national energy and greenhouse reporting requirement.
- Adapted leading compliance approaches used by tax offices and security agencies. The resulting compliance intelligence system optimized the number of interventions and staff required. Detailed the required organizat.
- Detailed the required organization structure, role descriptions and staff training modules.
Leading Australian energy company
Identify cross-border arbitrage opportunities related to renewable energy targets and emissions trading.
- Examined the feasibility and mechanics of linking a renewable energy target and proposed emissions trading scheme with those of a neighboring country. Identified potential value for the company through intra-company carbon trading.