making sense of climate change

Carbon Audit and Risk Analysis

Understanding your organisation’s direct and indirect carbon emissions and your exposure to volatile and increasing fossil fuel prices, is a vital first step for any business. Without this understanding, communication and staff engagement don’t make sense.

Carbon Audit & Energy Assessment (click the title for a link to our 1-page overview)

Measuring the carbon footprint i.e. undertaking a carbon audit, of a product, service, site or a whole company is a vital step towards reducing carbon emissions. It is the first step towards developing a climate change and energy security strategy and towards meeting the growing expectations for carbon disclosure and reporting.

Our carbon audit and energy assessment will involve identifying and calculating carbon dioxide emissions caused by:

  • Direct emissions (directly buring fossil fuels on-site) as a result of the compay's operations
  • Indirect emissions (purchased electricity)
  • emissions of other stakeholders including clients, employees, industry partners etc.

This information often enables a business to make immediate carbon reductions through fairly straight forward practical steps and sometimes through relatively simple technical solutions. In addition, an energy assessment allows you to benchmark your energy use against best practise and those orgainsations leading the way in energy reduction.

Local Authorities & NI 185 / 186 (click here for our 1-page overview)

Leading local authorities have responded to climate change by signing up to the climate change national indicators as part of their local area agreements. However, with the current financial constraints faced by many public bodies the issue is how to analyse and implement the requirements with minimal resources.

If financial resources are an issue to your local authority, CarbonSense can help you by utilising a business model that is related to performance and not up-front fees.

 

Carbon Reduction Commitment (CRC) (click the title for our 1-page overview)

CarbonSense can help you prepare for and implement the requirements for CRC. However, we do recommend a wider approach than the regulation stipulate in order to gain the full benefits of analysis.

 

Carbon Risk Analysis (click the title for a link to our 1-page overview)

However, calculating emissions is simply the first step. Understanding the financial risks associated with carbon in all its forms is critical to communicating the reasons for change. Preparing the investment case for carbon reductions energy efficiencies,, operational changes and zero-carbon alternatives is crucial.  

The combination of volatile fossil fuel prices and the possible introduction of carbon taxes and regulation provide reason enough to understand financial and supply chain exposure, and at what point investment in alternatives provides a satisfactory financial return.  

Our carbon risk analysis will look at the following areas:

- a dynamic analysis of financial exposure to fossil fuel price rises and potential carbon taxes;

- a dynamic alternative energy investment analysis;

- the financial and supply chain risks associated with a wider scope of influence; and -an optional analysis of the costs and risks associated with offsetting.

A carbon risk analysis should be undertaken in the context of developing a coherent carbon strategy and to provide a foundation for carbon reporting. Other allied tools such as influence mapping can make a critical difference in the effectiveness of reduction strategies and establishing a framework for a successful staff engagement programme.

We can also conduct carbon risk analysis audits to inform and assist product development and help determine design strategies and low carbon manufacturing solutions.


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