Postby Hammer » Thu Apr 19, 2007 1:23 pm
I GUESS OLD GORDON PARSONS WAS REFERRING TO YOU NAYSAYSERS WHEN HE SAID "Few would doubt...."
Businesses 'face tougher climate change legislation'
London, 19 April: All businesses should be taking action to address their impact on climate change, according to a white paper by Npower Business and Forum for the Future, as tighter restrictions on their emissions are inevitable.
Gordon Parsons, managing director of Npower Business, part of German energy group E.ON, said: "Few would now doubt that they must begin to address climate change in their business operations, but for many businesses it is still not a priority. Our hope is that the white paper will underline how important it is that they act now if we are to avoid massive legislative changes to dictate businesses' environmental operations."
In the white paper, Npower Business and Forum for the Future, a sustainable development think-tank, say that all businesses – not just those in high impact sectors – should be discussing the risks and opportunities posed by climate change at board level, as well as understanding and planning to address the climate impact on their operations.
In addition, companies should develop "products and services that out-perform competitors in terms of climate impact and which, over time, provide solutions to climate change", the white paper says, as part of a five point-plan setting out what "smart companies" will be doing.
Companies should also have a position on the contribution they and their sector will make in achieving emission reduction goals, as well as engaging in a "progressive and consistent" way with the political debate on climate change.
The white paper warns UK businesses to expect more stringent government legislation to encourage the transition to a low-carbon economy. "The combination of scientific necessity, increasing political will, and corporate and consumer interest in climate change suggests that an additional regulatory response to bring about a low-carbon economy is inevitable. Carbon will essentially be 'squeezed' out of the economy, either by direct regulation or pricing."
"When this regulatory pressure is combined with the low-carbon expectations that leading businesses are starting to place on their supply chains, it becomes obvious that all companies, no matter what size or sector, will have to respond," said Iain Watt, principal sustainability advisor at Forum for the Future and author of the report.