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Currently the Information and Communications Technology (ICT) industry is responsible for nearly as much annual carbon dioxide emission as the aviation industry. In the last 3 years many ICT companies have been left reeling from the impact of environmental legislation like Reduction of Hazardous Substances (Rohs) and Waste Electrical and Electronic Equipment (WEEE). With the advent of emissions legislation impacting economies globally ICT companies will be faced with significant risk to your profitability and reputation. Supply chains will also be under pressure from extreme weather events where critical resources like water might be in short supply.
Opportunities:
ICT is in the unique position of being able to enable the shift to a low emissions model for numerous other industries and in so doing grow significantly. Policy makers will help to shape ICT’s role as a key enabler of a low carbon economy. Opportunities include the building of smart grids for better information and communication, smart integrated buildings manageable in real time, broadband solutions allowing less travel through remote communication and more efficient and intelligence transport networks. By developing low carbon emissions products and solutions ICT companies can differentiate themselves to consumers and open new markets. Internally ICT companies can take advantage of energy efficiencies to increase margins and productivity while reducing their own emissions. Hewlett Packard is on company that has taken the lead in reducing emissions right across their supply chain and has set aggressive targets. Through a supplier emissions awareness and reduction campaign HP continue to achieve significant productivity enhancements.
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.
Supplier Efficiencies – GCX will work with your suppliers to help them to become low carbon emissions companies and in so doing enhance your productivity, reputation and brand as a low carbon emissions company.
Legislation and Reputation – GCX will determine the impact of legislation on your business and how best to respond to ensure that your profitability is not impacted. This includes determining the reputation risks exposed by being 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.
LCA – full lifecycle assessment services aimed at understanding carbon emissions in your products from cradle to grave. This information is very important when looking to deliver a green alternative to your current products. Surveys show that consumers trust a company more if they have a clearly defined climate change strategy and are more willing to buy their products.
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