Carbon Reduction Institute environmental director Gavin Pereira has said that there are firm financial reasons for businesses to act on climate change now.
“From an economic point of view, businesses need to care about climate change, as energy intensive and high polluting goods and services will cost more as the climate change damage bills of these good and services are factored into the cost,” Pereira said.
“Businesses that act early will unlock efficiency gains and can communicate their positive actions to gain support for their products and services from the market.”
Pereira will be speaking about the effects of climate change on manufacturing at the upcoming Safety Show Sydney.
The Safety Show will feature two days of seminars giving financial and practical help for dealing with the business impact of climate change.
The seminars are designed to explain how businesses can make environmental sustainability a competitive advantage.
Speakers include representatives of the Department of Environment & Climate Change, energy retailer AGL, the Carbon Reduction Institute, AusIndustry NSW and consultancy EnviroAction.
Pereira said that while most large companies have policies to address climate change, small to medium companies need to keep pace or risk losing business.
“Supply chain effects like these are prompting small to medium enterprises to act on climate change,” Pereira said.
The Safety Show Sydney organiser Marie Kinsella said the need to manage corporate social responsibility was the reason for the climate change seminars.
“Many businesses just don’t know where to start,” she said.
“This seminar series is the perfect way to get a very speedy understanding of what’s required right now, what’s on the horizon, what you need to have and where you can get help.”