Carbon Risk
Overview
In recent years, climate change has had an increasingly evident impact on our world. It has become clear that any remedy or solution will have significant consequences for businesses. Already it is necessary to factor carbon emissions (or savings) into any supply chain. The concept of carbon as an asset or liability is far from wide-spread but the implications of carbon related exposure could be profound in many industries.
Carbon risk management involves the implementation of a strategy that maintains sustainability between economic realities and the environmental needs of our planet. The risk management approach seeks to optimise carbon emission efficiency through analysis and management of commercial activities and asset allocation within an organisation.
The identification, management and reduction of carbon emissions is of vital importance whether through internal abatement or through market based offset mechanisms.
