Towards a low carbon economy The Business case Valerie Geen 24 April 2013
Jan 15, 2015
Towards a low carbon economyThe Business case
Valerie Geen
24 April 2013
OVERVIEW
• Brief introduction to the NBI• Drivers for a low carbon pathway• The South African Context• The Business response
2
Drivers for a low carbon pathway
• The cost of Climate Change• Risk and Opportunity– Reputation– Physical– Legislative
• Resource scarcity and pricing• Sustainable Business : How?
The cost of natural disasters
Flooding in Mozambique
8
• Approximately 150 000 people displaced and 55 lives lost• Estimated $27 million in damages• $15 million in relief aid• Infrastructure damage (roads, river systems, soil• Access (social and economic impacts) • Health
Floods in Mozambique 30,January 2013
Identifying Risk and Opportunity
74% 59% 68% 74%
83%
78%
Scope 1, 2 and 3 emissions
JSE Top 100 Carbon Disclosure respondents: 2012
SHIFTING POLICY LANDSCAPE
Our major source of Emissions
2009 Primary Energy Supply
CoalCrude OilPetroleum ProductsGasNuclearHydroRenewables (including biomass)
DoE Energy Balance
Making the shift to more sustainable Business
• Awareness and advocacy• Data (carbon footprint; energy audits)• Energy Management Policy/Plan; Climate Change
Strategy; Sustainability Team• Target setting • Opportunity identification• Making the Business case• Implementation : People, Technology, Projects, Financing • Monitoring, measurement and Verification• Communication
How?
• Individual Action• Collective Action• Partnerships