While the threats of climate change across the globe are very real, there remain significant and ongoing opportunities for governments, business and individuals to secure a cleaner and sustainable future.
The opportunity to contribute to reducing our collective environmental impact brings with it new and profitable opportunities to become industry leaders, developing new and more efficient technologies and strategies.
There are growing financial incentives for business to optimise energy, water, operational and supply chain efficiencies, however there exist other very attractive incentives for business to pursue sustainable practices including:
• Market differentiation
• Reputational advantages
• Reduced exposure to carbon price flow on effects
• Reduced operational and regulatory risk, particularly relating to responsibilities
under the proposed Climate Change Response (Emissions Trading) Amendment Act 2008