Business Benefits
Carbon emission responsibility is rapidly emerging as a major factor in global business. Increased awareness of climate change by customers, investors and employees means it is critical for every company to understand its impact on climate change and to make the necessary changes to improve its environmental profile. Many companies from various industries have realised the importance of combating climate change and have taken responsibility for their carbon emissions and are now enjoying the benefits of an improved environmental and corporate profile.
Customers
Increased media coverage and governmental pressure on climate change all add to customers demanding a higher standard from companies. Consumer awareness of climate change is increasing dramatically and will become a determining factor in terms of consumer buying decisions.
Competition
Companies improving their corporate profile through environmental initiatives can help attract new customers as well as retain customer loyalty in this increasingly environmentally-aware world. Companies perceived as not being environmentally concerned may find barriers to entry to certain markets.
Reducing Costs
Employing energy efficient methods will reduce the cost of energy bills. Reductions in electricity and heating usage will add up to significant savings for companies as the price of fossil fuels continues to increase.
Investors
Investors too, are becoming increasingly aware of environmental issues. The rise in popularity of social and environmentally conscious indices such as the Dow Jones Sustainability Index and the FTSE4Good as well as an increase in popularity of socially responsible managed funds will all help to heighten the awareness of corporate environmental initiatives, or lack of, as the case may be.
Employees
Environmentally-conscious employees will benefit from knowing their employers are doing their part to improve the global environment and this will ultimately help to attract like-minded high-calibre employees in the future.
Legislation
Under the Kyoto Protocol, Ireland is committed to cap its greenhouse gas emissions to 13% above its 1990 levels, by 2012. As Ireland is not on track to meet these targets, and as the EU emission targets look likely to become dramatically more binding in the post-Kyoto period, the likelihood is quite strong that there will be increased governmental pressure on local business to reduce their emissions. Many companies have already taken the initiative to reduce their carbon footprint, not purely for esoteric reasons, but for sound financial business reasons also.
Economic Sense
Companies improving their environmental profiles makes economic sense, enabling your business to protect its share price, drive revenue and reduce costs.
The rising cost of energy is becoming a burden on many businesses and as such reducing your exposure to these costs, by improving energy efficiencies, can result in dramatic cost savings.
Carbon Neutrality...
Carbon emission responsibility is rapidly emerging as a major factor in global business. Increased awareness of climate change by customers, investors and employees means it is critical for every company to understand its impact on climate change and to make the necessary changes to improve its environmental profile. Many companies from various industries have realised the importance of combating climate change and have taken responsibility for their carbon emissions and are now enjoying the benefits of an improved environmental and corporate profile.
Customers
Increased media coverage and governmental pressure on climate change all add to customers demanding a higher standard from companies. Consumer awareness of climate change is increasing dramatically and will become a determining factor in terms of consumer buying decisions.
Competition
Companies improving their corporate profile through environmental initiatives can help attract new customers as well as retain customer loyalty in this increasingly environmentally-aware world. Companies perceived as not being environmentally concerned may find barriers to entry to certain markets.
Reducing Costs
Employing energy efficient methods will reduce the cost of energy bills. Reductions in electricity and heating usage will add up to significant savings for companies as the price of fossil fuels continues to increase.
Investors
Investors too, are becoming increasingly aware of environmental issues. The rise in popularity of social and environmentally conscious indices such as the Dow Jones Sustainability Index and the FTSE4Good as well as an increase in popularity of socially responsible managed funds will all help to heighten the awareness of corporate environmental initiatives, or lack of, as the case may be.
Employees
Environmentally-conscious employees will benefit from knowing their employers are doing their part to improve the global environment and this will ultimately help to attract like-minded high-calibre employees in the future.
Legislation
Under the Kyoto Protocol, Ireland is committed to cap its greenhouse gas emissions to 13% above its 1990 levels, by 2012. As Ireland is not on track to meet these targets, and as the EU emission targets look likely to become dramatically more binding in the post-Kyoto period, the likelihood is quite strong that there will be increased governmental pressure on local business to reduce their emissions. Many companies have already taken the initiative to reduce their carbon footprint, not purely for esoteric reasons, but for sound financial business reasons also.
Economic Sense
Companies improving their environmental profiles makes economic sense, enabling your business to protect its share price, drive revenue and reduce costs.
The rising cost of energy is becoming a burden on many businesses and as such reducing your exposure to these costs, by improving energy efficiencies, can result in dramatic cost savings.
Carbon Neutrality...
