|
 The construction industry is one of the market segments particularly vulnerable to climate change. Many companies have come to a standstill due to the lack of liquidity in the market for traditional infrastructure projects. Carbon emissions legislation will have far reaching impacts on what is traditionally a high carbon emissions business. Profitability will reduce through taxation on emission in every new project and new guidelines on green buildings will have to be stringently followed to avoid reputation risk and ensure competitiveness. Listed construction companies will need to report and communicate clearly on emissions or risk being seen as a high risk investment. Increased extreme weather events can create delays and impact profitability significantly. With little focus on efficiencies margins are constantly under pressure from fluctuating fuel and electricity bills.
Opportunities:
Although some construction companies have reacted with a “business as usual” approach to climate change others are seeing the opportunity inherent in the risks. Leaders are embarking on structured efficiency programs aimed at reducing emissions internally while increasing profitability significantly. Others are differentiating their services by focusing on growth areas like green building and renewable energy projects. Comprehensive emissions communication strategies help differentiate your company to investors and show leadership and direction.
GCX Services: What we can do
Efficiencies – GCX will assess your companies’ carbon emissions through a carbon footprint and a business case energy efficiency audit. The next step is to reduce your carbon emissions by working with you to set targets and budgets and then implement reductions and achieve cost cutting goals. Reductions include Education campaigns to ensure that your employees support internal initiatives. GCX will also monitor your emissions on an ongoing basis. As you embark on the journey to become a low carbon emission business you can gain significant marketing and PR traction and differentiate your brand as a climate change leader.
Investors – GCX will with work your company to create an emissions reduction communication strategy to ensure that the investment community is satisfied that the inherent risks in your business from the physical, legislative and reputation climate change risk are being managed.
Legislation and Reputation – GCX will determine the impact of emission legislation on your business and how best to respond to ensure that your profitability is not impacted. This includes determining the reputation risks associated with high carbon emissions businesses.
Adaptation - Adaptation is the adjustment in systems in response to actual or expected climatic events or their effects, which moderates harm or exploits beneficial opportunities. GCX will look carefully at the impact that climate change will have on your business including your supply chain. Our specialists will show you the risks inherent in your business model and help to implement ways to reduce this risk. |
|
|
|
|
