ERM Annual Review 2008 - (Page 26) “ Resource efficiency reduces an organization’s environmental footprint and decreases costs.” Castle Peak Power Company Limited (CAPCO) Carrying out environmental and risk assessments for the design and siting of Hong Kong’s new LNG terminal. Robin Kennish, Hong Kong Shift from Carbon Quantification to Reduction Confidential Client Green building support and Leadership in Energy & Environmental Design® (LEED) certification across a regional property portfolio in Asia Pacific. Peter Rawlings, Sydney, Australia In the past year the climate change arena has been characterized by maturing carbon markets, rising energy prices and growing consumer demand for low carbon products. As a result, we have seen clients move on from the initial quantification of their emissions to the development of reduction strategies. For many, reducing GHG emissions equates to significant energy efficiency improvements. In the last year we have completed a number of energy efficiency assessments for, amongst others, JohnsonDiversey Inc in Italy and Modine in Korea. These assessments often form part of a wider energy reduction strategy. For some clients, we have also assisted with developing and implementing renewable energy and green building initiatives. Another trend in the last year has been for more companies to communicate the climate change implications of their products. For Tesco, the world’s third largest grocery retailer, we calculated the carbon footprint of a selection of products, from potatoes to light bulbs. This is the first large-scale carbon labeling trial by a major retailer, supporting Tesco’s initiative to communicate carbon footprint information to consumers and positioning itself as a leader in their marketplace. 26 ERM Annual Review 2008
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