Hi <<First Name>>,
Welcome to our May edition newsletter. This month we’re excited to take the opportunity to focus on the release of two significant bodies of work, produced by ClimateWorks.
The first is a report commissioned by the Australian Sustainable Built Environment Council (ASBEC) which reveals profound emissions reductions opportunities within Australia’s built environment, along with energy efficiency strategies with the potential to deliver up to $20 billion in savings by 2030.
The second is the Energy Productivity Index for Companies (EPIC), the world’s first global energy productivity benchmark for listed industrial companies. Developed for investors, it demonstrates the potential benefits of decarbonising portfolios. For businesses, it reveals a third of companies analysed could increase profits by over 5% per year by matching their sector's leading performers. Incredibly, half of these companies could increase profits by over 10% per year.
ClimateWorks is proud to add the ASBEC and EPIC work to a growing suite of innovative analysis that presents practical, profitable pathways to a low emissions economy. We hope you find these tools useful for your own work and enjoy this newsletter edition.
ARTICLE SUMMARY
|
|
|
A new report prepared by ClimateWorks Australia for the Australian Sustainable Built Environment Council (ASBEC) has found that even without technological breakthroughs, cost-effective energy efficiency can reduce projected 2050 emissions from buildings by more than half.
In light of Australia’s commitment to reducing emissions under the global Paris Climate Agreement, the report explores the profound and cost-effective emissions reductions opportunities presented by Australia’s built environment.
|
|
ClimateWorks Australia has just launched the world’s first benchmark for energy productivity. Presented in a guide for institutional investors, analysis was undertaken as part of a joint project between ClimateWorks Australia, US-based ClimateWorks Foundation and the California State Teachers’ Retirement System (CalSTRS).
It revealed that 70 per cent of listed industrial companies analysed could have significant room for improvement around energy use, and this in turn could deliver an attractive profit uplift.
In a field that has not traditionally been well understood, institutional investors can now use the guide along with a suite of supporting tools, to prioritise and shortlist sectors or companies based on the potential financial benefits they could gain from improved energy performance. These documents are now available for free download at energyproductivity.net.au
|
|
ClimateWorks Australia CEO Anna Skarbek has joined a high powered Leadership Forum tasked with providing the government with a Clean Energy Roadmap by September.
Anna is in good company, joining a group of 17 prominent Australians with a diverse range of backgrounds including former Governor-General Quentin Bryce, AGL Energy Chief Executive Andrew Vesey, Citibank Australia Chairwoman and ClimateWorks board member Sam Mostyn and CPA Australia Chief Executive Alex Malley.
The Leadership Forum plans to produce an evidence-based plan to provide guidance for political decision-makers to help in Australia’s transition from emissions-intensive energy towards clean energy.
|
|
ClimateWorks Australia is proud to announce we have been named a Finalist in the United Nations Association of Australia’s World Environment Day Awards 2016. ClimateWorks is a Finalist in the ‘Organisation Leadership’ category for our work on our ‘Deep Decarbonisation in 2050: How Australia can prosper from a low carbon world’ project.
The Awards, which have been running since 2000, celebrate Australian organisations and individuals taking positive environment action through creativity and innovation. The winners of the Awards will be announced in Melbourne on 6 June, World Environment Day - so stay tuned!
|
|
|
ClimateWorks Australia would like to congratulate former Minister for Planning and Deputy Victorian Premier and ClimateWorks Chairman John Thwaites on receiving the 2016 Richard J Evans Award.
The Award is a well-deserved recognition of John’s considerable contributions to the planning industry and the State of Victoria. From all of us at ClimateWorks, a huge congratulations.
|
|
ClimateWorks and the Australian Sustainable Built Environment Council (ASBEC) recently hosted a workshop in Melbourne, building on the project's Issues Paper, detailing the current National Construction Code (NCC) and identifying potential improvements to help achieve high performance, low carbon buildings.
Attended by over 50 built environment experts and industry leaders, the event delivered a set of tangible suggestions for further analysis. The next stage of this project will see ASBEC and ClimateWorks work with government and industry partners to progress findings and undertake further research. For information about this project contact ClimateWorks Implementation Manager, Eli Court on 03 9903 8032 or via email at eli.court@climateworksaustralia.org
|
|
|
Anna Skarbek was recently invited to join the Wentworth Group of leading independent Australian scientists, economists and business people, working to connect science to public policy. The Group collaborates to advance solutions for the long term health of Australia’s environment, through capacity building, supporting public policy development, driving innovation and engaging business, community and political leaders.
|
|
With thanks,
The team at ClimateWorks Australia
|
|
|
|
