Over a third of Australian businesses are already taking action to cut greenhouse emissions and reduce energy use according to a recent Australian Industry Group and KPMG survey. The report finds nearly 70% of businesses - from a random sample across construction, service and manufacturing industries - are currently acting or plan to act to manage carbon footprints.
For any company there are many reasons to address climate change. Increasingly major companies will demand a supplier understands its carbon footprint. The international Carbon Disclosure Project reports this is already occurring with Cadbury, Colgate-Palmolive, Johnson & Johnson, P&G, Unilever, Vodafone (1) and Walmart (2) among the companies asking suppliers to report on carbon footprint and climate change strategies.
The Carbon Disclosure Project represents Investors with assets of $55 trillion. Its just one of the major reasons why, across the world, companies are looking to find carbon advantages.
The picture shows a stationary hydrogen fuel cell power plant in Seoul, Korea.