ERM Annual Review 2008 - (Page 25) Confidential Client Assisting in the initial stages of a green building assessment. Bina Indelicato, Ewing NJ, US The Marketplace this uncertainty. For example, we are assisting the Hong Kong The last year has been marked by economic contrasts. Although SAR Government’s Environmental Protection Department to the credit crunch has sent ripples around the world, energy review and update the inventories of greenhouse gas (GHG) demand has continued to grow and commodity prices have emissions in Hong Kong and characterize the impacts of reached record highs. This has fueled considerable growth climate change on Hong Kong. The project will also recommend and exploration in developing countries. Our multinational additional policies and measures to reduce GHG emissions, clients are facing the challenge of relocating infrastructure, facilitate adaptation to climate change and evaluate and make resources, people and knowledge from slowing to growing assessments on proposed measures. In Nigeria, we are working markets. Simultaneously, organizations are making with the British Government’s Department for International fundamental changes which are driven by sustainability Development to quantify the impacts of climate change on and climate change considerations. Nigeria’s economy, future growth and ability to meet the Millennium Development Goals. This will help to promote the The Benefits of Resource Reduction integration of climate change into Nigeria’s development plans. For businesses, resource efficiency reduces an organization’s In the private sector, we have worked with AkzoNobel environmental footprint and decreases costs. From raw material to upgrade their long-term climate change strategy. Outcomes inputs to the disposal of products, organizations are scrutinizing include setting GHG reduction targets and embedding carbon their internal processes and external supply chains to identify footprinting into their processes and products. � reduction options. Janssen Pharmaceutica, part of Johnson & Johnson, has set a goal of reducing waste as part of their corporate sustainability initiative, Healthy Planet 2010 Goals. ERM’s waste assessments at Janssen’s European manufacturing sites identified actions which will enable them to achieve their goal. ERM has also reviewed the design of a new Ingersoll Rand Company plant to reduce water use through reuse opportunities and process changes to improve efficiency. Energy is another resource many companies are increasingly seeking to minimize. This is driven not just by rising energy prices and general sustainability commitments, but also new or anticipated regulations that focus on minimizing CO2 emissions. Carbon Policy Tightens The European Union cap and trade system continues to develop, and other countries such as Australia and New Zealand, are adopting similar frameworks. In the US, the Presidential elections will herald a new era as both candidates have declared their support for a mandatory cap and trade program to mitigate carbon emissions. However, uncertainty still persists in the climate change policy arena as the second commitment period of the Kyoto Protocol approaches (2012) and we wait to see if China and India will clarify their climate change policies. Meanwhile, other governments are developing proactive strategies despite TCI Sanmar Chemicals Assessing environmental impacts, management systems and quantitative risks for a manufacturing facility in Port Said, Egypt. Gareth Roberts, Manchester, UK Karen Raymond, Edinburgh, UK Lauren Osmond, Oxford, UK ERM Annual Review 2008 25
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