73 / 202
THE CYCLE – COUNT AND ANALYSE
KICK THE HABIT
73
as a company to your shareholders, as a public administration to your citizens
etc.). This can help to show up any gaps or problems – or any opportunities
for those trying to emulate you – and it will make your efforts more credible.
You now also need to analyse the risks and opportunities related to GHG
emissions, by looking at what others have learned and done. This will in-
clude information on benchmarking and determining sources of risk and
opportunity. Evaluating what other people have done, perhaps at other lev-
els, provides additional insights and allows us to see where we stand in
regard to others.
The Climate Disclosure Standards Board (CDSB) is a consortium of seven
business and environmental organizations formed to jointly advocate a gen-
erally accepted framework for corporations to report climate change risks
and opportunities, carbon footprints, and carbon reduction strategies and
their implications for shareholder value. By aligning their basic requests for
information, CDSB members aim to go beyond best practice and to make
it standard practice for companies to report climate change-related infor-
mation in their Annual Reports and for this to extend into related analysis
by the investment research community. CDSB was convened at the 2007
annual meeting of the World Economic Forum in response to increasing
calls for action from corporations and financial markets to address global
warming and the associated growth of climate change information collec-
tion and reporting initiatives.
Analyse what the Kyoto Protocol has or has not achieved in reducing the
GHG emissions of industrialized countries, and in trying to persuade other
nations to join emissions reduction efforts. See what success various coun-
tries have had with legislation designed to reduce urban traffic congestion,
or to curb fuel consumption, or to decarbonise their economies. Learn from
others’ triumphs and disasters. And make sure they are able to learn from
yours: the more proficient you are at reducing your GHG emissions, the
more competitive advantage you can claim.
The UN Environment Programme has launched the Climate Neutral Net-
work (CN Net), an initiative designed to help companies, cities and coun-
tries make radical cuts in greenhouse gas emissions and exchange their
experiences in this process.