The Business Guide to the Low Carbon Economy: NSW
- 01 November 2009
This guide walks through NSW climate change policy and issues that a business needs to consider when developing a climate strategy.
The Climate Group CEO Steve Howard met with New South Wales Minster for Climate Change and The Environment, John Robertson, in November 2009 to launch a new guide that will help businesses in New South Wales (NSW) adapt to the emerging low-carbon economy.
Commissioned by the NSW Government, the guide was prepared by The Climate Group and Climate Group member ARUP. It provides practical steps for businesses to get on top of measuring and curbing greenhouse gas emissions from their operations
The NSW Government is committed to becoming carbon neutral by 2020, with the operations of the NSW Cabinet becoming carbon neutral from mid-2009.
The NSW Government continues to show leadership in its work with the Australian Government to develop policies to reduce greenhouse emissions in areas where state governments are better placed to act. One policy area where this is particularly the case is in assisting businesses and communities adapt to the unavoidable impacts of climate change. That said, many policies that assist businesses to reduce emissions, such as encouraging energy efficiency improvements, will also help them adapt, by reducing the effect of rising electricity prices.
An undertaking of this scale requires every individual, public sector entity and private sector business to make urgent and substantial progress in reducing their emissions. Businesses can take action now by:
- Anticipating rising fuel and energy prices by implementing a comprehensive program to reduce energy and fuel use
- Identifying sources of greenhouse emissions and taking steps to reduce them
- Engaging with government programs designed to assist businesses with their carbon management
- Responding to requirements which will either affect them, their customers or suppliers
- Proactively addressing consumer and investor interest in and demand for transparency and climate-friendly products and services
Businesses that take action now stand a greater chance of being competitive than those who wait, because being on the front foot in an evolving environment has always made business sense.