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"It no longer makes sense for us to debate whether or not the earth is warming at an alarming rate, and it doesn’t make sense for us to sit back and wait for others to act. The fate of the planet that our children and grandchildren will inherit is in our hands, and it is our responsibility to do something about this crisis."
William J. Clinton (Clinton Climate Initiative) |
Since the 90’s climate change has been increasingly on political, institutional and personal agendas. It is completely natural that it has now surfaced on the corporate agenda.
GreenCorp 2007 aims to address this demand for information from the business community. In response to mounting pressure from regulators, government and consumers, the most effective and advantageous way for business’ to engage in the battle against climate change is by reducing their carbon footprint.
The “World Risks 2007” report released in January 2007 by the World Economic Forum stated climate change as one of the top two global risks that most preoccupy the world’s business leaders. According to the report:
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"Climate change is now seen as one of the defining challenges of the 21st century - and as a global risk with impacts far beyond the environment." |
2006 has been described as the tipping point for climate change; the year when the world woke up and took notice of Al Gore, drowning polar bears and the Stern Review on the Economics of Climate Change. The Independent used its first edition of 2007 to document the environmentally tumultuous year that was 2006.
The New Oxford American Dictionary’s new word for 2006 was carbon neutral proving that carbon emissions have now permeated mainstream consciousness. According to the Stern Review, climate change threatens to be the greatest widest ranging market failure ever seen.
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"Our actions over the coming decades could create risks of major disruption to economic activity… on a scale similar to those associated with the great wars and the economic depression of the first half of the 20th Century." |
For 2007 climate change has taken its place to the top of the political, economic and social agenda. All three forces are demanding business act on their carbon footprint. David Cameron has said:
Terrapinn conducted an extensive survey of top level executives from the world’s leading corporations which found:
- 71.1% of businesses surveyed have noticed their market place demanding more environmentally responsible behaviour.
- 40% of businesses surveyed have looked into making their operations carbon neutral
- 55.3% of those which have not already looked into making their operations carbon neutral are planning to do so in the near future
- 66.7% of businesses which responded are currently engaging in energy saving activities, 26.3% are sourcing renewable energies and 11.1% are using carbon offsets to reduce their carbon footprint
See full survey results
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