EDITOR ’ S QUESTION
LOWELLYNE JAMES , CEO , SDG ASSESSMENT
the emergence of share market indices e . g . FTSE Global Climate Index Series , FTSE TPI Climate Transition Index Series , which highlights the carbon risks of publicly listed companies which shows increasing investor incorporation of risk arising from unabated greenhouse gas .
Reduced risk to businesses arising from greenhouse gas emissions induced climate change such as risks arising mainly from regulatory , supply chain , product and technology , litigation , reputation and physical factors .
Companies face a sustainability / CSR dilemma of planet or profit . Our research indicates this can be resolved by organisation-wide adoption of greenhouse gas emission reduction expressed in carbon dioxide equivalent ( CO 2
e ) as a key performance indicator ( KPI ) to understand growth and environmental impact in the following ways :
Pursuit of policies to reduce energy consumption and therefore carbon emissions can contribute economic benefits which are equivalent to a 5 % increase in sales .
The market segregation of products by using a ‘ carbon label ’ that indicates to consumers the carbon intensity of a product . This strategy can lead the way for sustainable innovation in products / services by measuring and reducing the carbon intensity during the product / service life cycle .
An environmental impact indicator for large companies can also be reasonably extended to measure the impacts of international trade , individual establishments , small businesses and planning applications .
A value indicator for decision-makers , customers and investors to discriminate in favour of low carbon products and services when making purchasing decisions . This fact is made evident by
Carbon emissions and climate change impacts are ultimate threat multipliers . A good place to start is by completing a baseline measurement using a digital tool such as the SDG Assessment mobile and web-based platform . SDG Assessment is designed to help organisations understand impacts and report on sustainability , environmental , social governance ( ESG ) performance aligned to achieving United Nation Sustainable Development Goals ( SDG ) and Sustainable Development Performance Indicators ( SDPI ). SDG Assessment user journey is underpinned by the research based five-step approach outlined in the Sustainable Strategic Growth Model :
Learn about environmental aspects , carbon footprint reporting , SDG / ESG risks and opportunities
Develop sustainability initiatives and measure carbon footprint
Implement sustainability and carbon footprint reduction initiatives
Optimise and pursue continuous improvement – creating ideas for new initiatives
Sustain initiatives by annual sustainability / carbon footprint reporting and reward commitment to sustainable behaviours x www . intelligentcxo . com
23