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Climate Change. and mechanisms to address governance, risk management and sustainability. Governance model. Engagement at all levels of organisation Genuine commitment required from Chair, board and executive Process to measure and monitor
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Climate Change and mechanisms to address governance, risk management and sustainability
Governance model • Engagement at all levels of organisation • Genuine commitment required from Chair, board and executive • Process to measure and monitor • Support strategic direction with systems throughout the organisation • Report and monitor constantly • Celebrate success
Risk management Business risks – what are the implications of not being ahead of the curve? Supply chain risks – How will you affect your suppliers, and what will their impact be on you – e.g. Toyota model Product life cycle issues – Service - Advisory Consumer activism
Risk management • Communicate and consult • Establish the context • Identify the Risks • Analyse the risks • Evaluate the risks • Treat the risks Monitor and review Based on Climate Change Impacts and Risk Management A Guide for Business and Government Prepared by Australian Greenhouse Office http://www.climatechange.gov.au/
National and State Issues All levels of government have Departments of Climate Change and aligned strategies Similarities – Reducing carbon emissions – Maintaining economic stability – Planning Unique geographic differences – weather patterns, population, housing, industries
Sustainability Carbon emissions Water usage and management Waste management Health issues Biodiversity Population
Resources Sensis SME success stories at http://about.sensis.com.au/small-business/free-sustainable-growth-book Carbon Compass at: http://www.carboncompass.com.au/ ClimateWorks http://www.climateworksaustralia.com/low_carbon_growth_plan.html
Pitt and Sherry Carbon Emissions Index http://www.pittsh.com.au/cedex/
The solution http://www.eqlomg.com/ease.html
Examples of Sustainability Reporting Toyota http://www.toyota.com.au/toyota/events/environment/2009_sustainability_report?WT.ac=SRHome CPA Australia http://www.cpaaustralia.com.au/cps/rde/xbcr/cpa-site/sustainability-report-2008.pdf BHP http://www.bhpbilliton.com/bbContentRepository/docs/sustainabilitySummaryReport2009.pdf
Opportunities for CPA’s and your clients Assist clients understand issues Create business opportunities for CPA’s – reporting and management Supply chain issues and compliance Client opportunities and investment