Addressing Energy-Related Emissions
Addressing climate change has become a critical part of business management, as companies respond to the wide variety of physical, transitional, and reputational risks caused by climate change - in addition to meeting stakeholder expectations that businesses play a significant role in mitigation. Fortunately, the market is shifting in a way that rewards those who understand the risks and opportunities and are willing to innovate and show leadership to adapt to a low-carbon economy.
As climate change accelerates, businesses will face more frequent disruptions to operations and supply chains, whilst at the same time needing to respond to increasing regulatory compliance and demand from stakeholders. Businesses that proactively respond to the risks and opportunities of climate change will be in a greater position to attract and retain talent, build customer loyalty, future-proof their business models, and secure investment.
Effective climate action begins with understanding business emissions from direct operations and supply chains and taking steps to mitigate these impacts through best practice target setting and transition planning. The UN Global Compact Network UK offers programming to help businesses understand the basics of corporate climate action, from the complexities of value chain emissions, to setting targets with the Science Based Targets Initiative, and developing business models that prioritise climate action through impactful Transition Plans.
The extreme volatility in the energy market over the past few years has caused energy prices to rise dramatically, leading to significant financial costs for businesses. At the same time, thousands of companies have begun to understand the consequences of failing to act on climate change and are subsequently setting emissions reduction targets to achieve net zero by 2050 at the latest.
These changes have led many businesses to implement energy management systems and explore options for reducing their reliance on fossil fuel-derived energy. Despite the scaling up of renewable energy generation and advances in energy storage capacity, significant barriers remain for businesses to reduce their reliance on carbon intensive energy and protect themselves from price volatility.
The UN Global Compact Network UK hosted a three-part 'Addressing Energy Related Emissions' webinar series. The series was developed to help attendees:
- Take practical steps to improve energy efficiencies & productivity in buildings while reducing overall energy demand
- Explore best practices for renewable energy procurement and on-site energy generation
- Effectively support the increasing generation & storage capacity of renewable energies
- Better understand and evaluate how they can meet their renewable electricity targets through various methods such as off-site power purchase agreements; on site self-funded generation; and green tariffs
Past Sessions
SPEAKERS
Toby Morgan
Senior Manager, Built Environment
Climate Group
Morwenna Slade
Head of Historic Building Climate Change Adaptation
Historic England
Andy Mazzucchelli
Senior Energy Manager
Landsec
Richard Eaton
Energy & Utilities Lead
NatWest Group
Tom Wigg
Senior Advisor – Net Zero Carbon Buildings
UK Green Building Council (UKGBC)
Simon Shaw
Sustainability Manager
Good Energy
Ethan O’Brien
Operations Sustainability Director
Klockner Pentaplast
Julian Leslie
Director of Strategic Energy Planning
National Energy System Operator
Eilidh Maxwell
Senior Business Analyst
Scottish Power Renewables
Natasha Luther-Jones
Partner and Global Chair – Energy and Resources Sector
DLA Piper
Andreas Gunst
Partner
DLA Piper
Andrei-Ciprian Pop
Procurement Business Partner
Nestlé
Contact
For any questions about the Addressing Energy Related Emissions webinar series, please contact Iqra Amin, Environment Programme.