Visionary companies recognize climate change as a threat
hace 10 year
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Libélula presents its latest publication “The New Business Climate: Breaking Paradigms with Low Carbon Investments”, which was financed by the European Union.
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1420 companies in 2012 and 2013, reduced more than 420 million metric tons of emissions per year, investing more than USD 170 billion in low-carbon projects.
In the framework of World Environment Day, Libelula presents on digital networks the publication “The new business climate: breaking paradigms with low-carbon investments”.”, The objective of the project is to demonstrate that there are great opportunities for investment and clean development through good climate change management.
In recent years, private sector efforts have been focused on corporate growth and the clearest evidence is that it is good business to develop low-carbon strategies. “The new business climate” highlights that 1420 companies in 2012 and 2013 reduced more than 420 million metric tons of emissions per year, investing more than USD 170 billion in low-carbon projects. In addition, forward-looking companies are those that have set emission reduction targets aligned with science, have reduced their emissions intensity from 2012 to 2013 and have a better financial return on their parts.
Rodrigo Castro, Libélula's Project Manager and author of the publication, indicates that climate change and its effects were seen as a distant and alien issue to companies, who are constantly trying to achieve the goals they set themselves each year, in addition to solving problems that seem to be much more immediate and acute.
“The effects of climate change are now more evident and closer to the operations of any company, as it generates a domino effect that drags down those who are not prepared. Visionary companies already take into account that if they want to grow, they must do so in a sustainable way, and this implies recognizing that climate change is a threat to their business, but also a great opportunity, as it is possible to identify the economic benefits and costs of developing low-carbon actions and investments.”he said.
Libélula's project manager also pointed out that leading companies worldwide are already reaping the benefits of taking action, incorporating the «climate» variable in their strategic planning and developing various sustainable projects that reduce emissions and generate tangible revenues/savings.
“The new business climate” also records that low-carbon investments of more than USD 8 billion have achieved internal rates of return of around 27%. Strategically managing climate change is one of the greatest economic opportunities for any company, increasing its competitiveness, creating jobs, generating economic savings and reducing GHG emissions.
“The New Business Climate: Breaking Paradigms with Low Carbon Investments,” can be downloaded here.
Fact:
“The New Business Climate” indicates that in Peru a set of investment options have already been identified that add up to S/. 7 million, in addition to USD 88 billion needed to close the infrastructure gap by 2021 (USD 33 billion in energy, USD 21 billion in transportation and USD 10 billion in telecommunications).
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