Climate Change and Environmental Services
Analysis of recent greenhouse-gas emissions (e.g. Global 500) and pledges made by countries in Paris at the COP 21 show that the world will warm by 3.0 ° C, way beyond 1.5-2 ° C. Tackling climate change and managing an organization’s environmental impacts and dependencies is critical in several ways. For instance, good environmental management helps organizations reduce their costs by saving energy, water or raw-material inputs. Setting meaningful carbon prices and science-based targets, addressing environmental impacts and reducing pollution contributes to climate protection, a better living environment for employees and customers, reduced compliance costs and a strengthened reputation. In many cases, superior environmental management can drive product quality. Ultimately, organizations want to manage their environmental impacts because it is the right thing to do.
Pricing carbon is the most economically efficient way of reducing greenhouse-gas emissions. Currently, about 12% of global greenhouse-gas emissions are covered by some form of imposed carbon pricing, usually on the low side of the actual cost of carbon on the world. BSD expects carbon pricing to ramp up as countries need to deliver on their pledges to reduce emissions. In anticipation of an imposed meaningful carbon price (either as a tax or cap-and-trade) organizations are increasingly adopting their own internal carbon pricing mechanisms. In addition companies are setting science-based targets for their greenhouse-gas emissions that are compatible with a 1.5 or 2 ° degree increase scenario.
Irrespective of our clients’ motivations, we are here to support them to find innovative and effective ways to tackle climate change, improve environmental performance and achieve their objectives through innovation and responsible investment. This includes a strategic approach to Natural Capital. Our practices relate to assessing environmental impacts, key levers for change and addressing these through comprehensive and/or dedicated approaches. They are strongly connected and interlinked with strategic planning & innovation (see our strategy solution), transparency (see our communication solution) and responsible investment (see our responsible investment solution).
Assessing environmental impacts — We conduct analyses of an organization’s environmental impacts. These include approaches such as Life-Cycle Analyses (LCA), Hot Spot Analyses, Carbon Footprinting and other tools and measures that allow clients to understand how their operations are affecting the environment.
Management systems — We assist organizations in developing comprehensive environmental management systems to address their environmental impacts from a global perspective. This includes conducting environmental reviews and audits. Referencing the relevant ISO standards, these systems are tailored to the industry and to the specific circumstances of the client.
Cleaner Production — Our Cleaner Production practice is one of our dedicated approaches to support organizations in addressing environmental issues specifically within their supply chains. Our main focus is on reducing non-product output (NPO). This approach does not just help minimize environmental impacts, it also achieves tangible cost savings through the reduction of inputs, processing and disposal costs.
Water Management — We assist our clients in calculating their water footprint and defining reduction targets and an action strategy. We also assess the long-term risks of water scarcity, ways it may affect the production of goods and services, and options for strengthening organizational resilience to the phenomenon.
Carbon Management — We calculate our clients’ carbon footprint, define realistic emission reduction targets and develop a suitable strategy for implementation. This includes improved ways of managing energy use, including energy efficiency targets and the introduction of renewable energy technologies.
Climate Resilience — We assist clients in determining the business potential of climate-resilient products and help them develop comprehensive climate-resilient business models.
Natural Capital Management — We provide training in the introduction of Natural Capital approaches, including the conducting of a strategic corporate ecosystem reviews, ecosystem services valuation, as well as measurement and reporting on the use of diverse natural resources (including reference to related frameworks of e.g. the ISO, GRI, IIRC and Natural Capital Coalition).
Textile Sector Detox — The textile industry is confronted with the challenge of detoxifying its production. Currently, much of the textiles sold around the world continue to contain hazardous chemicals that can pose multiple threats to human health and the environment. We assist clients in the textile industry in assessing their exposure to the issue and developing an approach to detoxifying their supply chains that is both effective and realistic given the constraints of the industry.
Science-based targets/Carbon price — We calculate your science-based target and check current carbon targets for viability and effectiveness. We help you in the definition of a meaningful carbon price, develop implementation plans that work and help you to use carbon pricing as a powerful driver for change.