The UK government's commitment to reducing the country's carbon (CO2) emissions is in no doubt. It has already pledged to go beyond its mandatory target of a 12.5 per cent reduction - as set out by the Kyoto Protocol - by making a 20 per cent reduction by 2020. But this can only be achieved if business plays its part, by addressing its energy consumption levels and habits, and by developing new products and services that can make a low-carbon economy a reality.
In the meantime, climate change continues apace. This has significant implications for the way companies are run, on their profitability and on their relationships with consumers, investors and the wider community. Among the risks that businesses face are increasing energy prices, more UK and European legislation, and pressure from consumers and investors as they choose to buy from, and invest in, companies that are environmentally responsible. With renewable power coming down in cost as the sector gains experience and scale, it is now a viable option for many businesses.
Business leaders must act now to understand, quantify and manage the impact of climate change. This timely guide gives clear analysis of what is at stake and offers expert insights into how to address the issue. Key topics include:
realising opportunities and minimising burdens
best practice for large companies and SMEs
carbon emissions trading
innovative technologies and renewable energy sources
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The Institute of Directors (IoD) is a non party-political business organisation founded by Royal Charter in 1903, currently with around 55,000 members. The IoD is dedicated to providing directors with the information and advice they require to help their business succeed. The IoD produces a number of successful titles, including The Director's Handbook and The Effective Director (both Kogan Page).
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