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| Climate Change |
Corporate Response
Climate change presents both risks and opportunities to South African business. These impacts differ between and within sectors, and arise from:
- Physical climate change effects
- The likelihood of South Africa accepting some form of greenhouse gas emission reduction target under a medium term future international policy regime
- Changes in factors determining the demand and supply of products and services, capital allocation and the importance of corporate reputation
South Africa is one of the world's highest emitters of greenhouse gases, largely due to its coal-based, cheap electricity which is also one of the country's key competitive advantages. This advantage is under threat in a carbon-constrained future, and early action to prepare for this is crucial for longer term sustainability
Our services:
- Corporate climate change strategy development, impact analysis and disclosure
- Project development for greenhouse gas emission reduction (voluntary market and Clean Development Mechanism) and support in accessing the carbon market
- Carbon foot-printing, offsetting and labelling
- Climate change strategy implementation
Our Clients are
- Top 40 JSE companies wishing to understand their climate change exposure and respond by developing a climate change strategy, calculating their carbon inventory, scoping opportunities, reducing risks in current and future assets and activities, implementing CDM or voluntary market projects, selling carbon credits and disclosing their activities.
- The mining sector: as a high impact climate change sector which plays an important role in the South African economy, many mining companies are exploring what climate change means for them.
- The retail sector: although the sector does not make a substantial contribution to greenhouse gas emissions, retail companies are considered significant because of impacts to their supply chains, their high visibility and reputational risk.
- The financial sector: although not the producers of large direct emissions, the banking and finance sectors need, amongst other impacts, to consider the risk to their loan portfolios arising from climate change
- Substantial innovators: the practice supports and advises companies wishing to position themselves strategically in the emerging carbon constrained economy.
- Key parastatals: the practice advises these influential groups on how to respond appropriately to the climate change challenge.
Contact
For more information please contact
Senior Associate: Climate Change Practice - Emily Tyler
021 465 6923 or emilyt@genesis-analytics.com |
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