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Climate change will have an enormous impact on the Agriculture segment and thus food security for millions of people on our planet. Increased extreme weather events, for example create a significant risk for the Agriculture industry. Carbon emissions legislation creates new challenges for the agriculture industry increasing costs and heightened competition. Any agriculture business with high emissions will need an astute carbon emissions reduction plan to avoid losing control of their business. Large supermarkets like Wal-Mart, Tesco’s, Sainsbury’s and Woolworths are putting pressure on suppliers to account for their carbon emissions.
Opportunities:
Agriculture business has to rethink the way they use resources. Waste streams (water, manure) should be evaluated for the energy opportunity they provide for energy security and the extra revenue streams they can create through carbon credits. Forward thinking agricultural businesses are making energy efficiency and renewable energy, a core business principle that drives profitability and protects margins. New markets are being opened by astute companies with carbon neutral products which feed the consumer thirst to make a difference to climate change. Leaders see the move to a low carbon emissions business as a differentiator over their competitors.
GCX Services: What we can do
Efficiencies – GCX will assess your companies’ carbon emissions through a carbon footprint and a business case energy efficiency audit. The next step is to reduce your carbon emissions by working with you to set targets and budgets and then implement reductions and achieve cost cutting goals. Reductions include Education campaigns to ensure that your employees support internal initiatives. GCX will also monitor your emissions on an ongoing basis. As you embark on the journey to become a low carbon business you can gain significant marketing and PR traction and differentiate your brand as a climate change leader.
Increase Competitiveness – GCX will help you to open new markets by offering low carbon emissions products to differentiate your brand in increasingly competitive markets. Surveys show that globally consumers are making climate friendly purchases and trust a business more if they have a clearly defined low emissions strategy. Supermarkets are aware of this trend and are showing preference towards low carbon businesses.
Adaptation - Adaptation is the adjustment to actual or expected climatic events or their effects, which moderates harm or exploits beneficial opportunities. GCX will look carefully at the impact that climate change will have on your business including your supply chain. Our specialists will show you the risks inherent in your business model and help to implement ways to reduce this risk.
Legislation and Reputation – GCX will determine the impact of legislation on your business and how best to respond to ensure that your profitability is not impacted. This includes determining the reputation risks exposed by being associated with high carbon emissions businesses.
Waste to Energy – GCX will work with you to identify waste streams that offer energy efficiency and revenue opportunities through the carbon credit market. Project types include fuel switch (goal or Gas to Biomass), waste to energy (Manure or bush to energy), carbon sequestration (soil regeneration) and waste heat recovery processes.
LCA – full lifecycle assessment services aimed at understanding carbon emissions in your products. This information is very important when looking to deliver a green alternative to your current products. Surveys show that consumers trust a company more if they have a clearly defined climate change strategy and are more willing to buy their products. |
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