Transcript No - low cost - Hong Kong Climate Change Forum

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Overview
Purpose of the Guide: Enables every business whether it is a small,
medium or large enterprise, to play a role in addressing climate
change. Guide written for senior managers, green teams and
general staff.
Why reduce emissions?
The Business Case: Risks and Opportunities.
How can businesses reduce their emissions?
We propose a six step approach.
What are the solutions?
There are many solutions available, ranging from low cost, simple
actions such as energy efficiency to cost effective long-term
investments.
Every business has a role to play in addressing climate change.
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How Can Businesses
Reduce their Emissions?
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Step 1. Prepare an Emissions Management Strategy
Three key elements of an emissions management
strategy:
 Establish an explicit policy direction for
emissions reduction
 Assign responsibility and accountability
 Set out reduction targets and timelines
First HK company to develop a
Climate Change Policy to provide
direction on how it can reduce its
emissions, such as through
optimising energy use, educating
staff and upgrading equipment.
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Step 2. Measure Energy Use and Emissions
Introduced a company-wide ‘Project
Environmental Performance Data
Form’ in 2003 to provide monthly
updates on the environmental
impact of its transport,
construction, equipment usage and
electricity consumption.
The GHG Protocol provides an
international standard in accounting for
GHG emissions.
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Step 3. Set Targets and Compare
Set targets that work by ensuring that
they are SMART:
Specific
Measurable
Achievable
Realistic
Time-related
- Benchmark your performance by
comparing your operations over time,
different departments or your company
with other companies.
China Light and Power (CLP)
‘Climate Vision 2050’ includes an
aim to achieve a 75% reduction in
the carbon intensity of their
generating portfolio by 2050.
Interim targets are set to reduce
carbon intensity from 0.84kg carbon
dioxide/KWh (as at June 2007) to
0.8kg by 2010. 0.7kg by 2020 and
0.45kg by 2035.
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Step 4. Implement Initiatives
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Identify easy wins and implement.
These can be low cost and simple
actions, but will demonstrate your
commitment to emissions
reduction.
Identify energy intensive activities
and start reducing immediately
Identify medium term and longterm actions and commit to doing
the most appropriate for your
business.
Establish ‘green’ procurement,
including energy efficient
equipment, premises and vehicles.
‘Global Responsible Sourcing
Initiative’
By 2012, suppliers must make a 20%
improvement in their energy
efficiency and source 95% of
production from factories with the
highest environmental and social
ratings.
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Step 5. Offset to Become Carbon Neutral
Carbon neutrality is when an
organisation cuts/and or offsets
its emissions to zero.
The world’s first major bank to achieve
carbon neutrality since 2005. The bank
offsets its remaining emissions
through investing in third-party
verified projects that generate
credible carbon credits from both the
compliance and the voluntary
markets.
Some of the most popular carbon offset projects
from a corporate perspective are energy
efficiency and wind turbine projects .
CX’s Fly Greener programme offers passengers
the option of using cash or frequent flyer miles
to pay for carbon offsets. Since launch in 2007,
they have offset 30,000 tonnes of carbon
emissions and invested in wind power
generation projects near Shanghai. These wind
projects are registered under the Voluntary
Carbon Standard.
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Step 6. Track Progress, Audit and Report
Results on performance should be
regularly reported and reporting should
include how targets have been met and
ways to improve performance in the
future.
The trend will be that carbon reporting
will become compulsory
In Australia a large number of businesses
(are) & will be required to monitor and
report their energy use and greenhouse
gas emissions. This is particularly relevant
to sectors such as commercial buildings
and vehicle fleets which were typically
below the previous (higher) thresholds.
The UK government recently amended the
Climate Change Bill to strongly encourage
all UK listed companies to include details of
GHG emissions in their annual reports.
Installed a building information
management system that collects
information on building operations
and energy consumption. This
allowed Swire Properties to achieve
an estimated energy saving of
3383MWH in 2007, which equates
to 2717 tonnes of carbon dioxide.
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What Are the Solutions?
What options are available for
switching to a cleaner and
more efficient energy future?
How much will it cost? The
good news is that many costeffective solutions exist today
and a number of emerging
technologies look to deliver
more substantial reductions in
the future.
Businesses that look for
solutions now and seize the
opportunities will be the
successful companies of the
future.
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Hong Kong Buildings Guzzle!

Buildings are responsible for 89% of
electricity used (EPD 2006). Most of a
building’s energy consumption comes
from its operational practices such as
cooling, heating and lighting.

Besides energy use, other areas of
concern for buildings are the generation
of waste, use of construction materials
and how they are recycled, water use,
discharge and how buildings are
integrated with other infrastructure and
social systems.
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The Business Case for Green Buildings
 The business case for greener buildings is well
established. A US study found that certified green
buildings cost 1.8% more to design and construct, but
yield 20% cost savings over the life of the building.
 A significant problem encountered while achieving these
benefits include short term decision making, isolated
procurement and split incentives - where the party who
pays for a more energy efficient building is different to the
party who benefits from the saving in energy.
 Hong Kong’s Building Environmental Assessment Method
(BEAM) provides a systematic, locally relevant approach
to including environmental performance in the planning,
design, construction, operation, management and
marketing of buildings.
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EE = Low Hanging Fruit
Energy efficiency is one of the
quickest, cheapest, cleanest ways
to address reducing emissions.
Energy saving initiatives such as
building insulation, heat pumps,
solar heating and efficient
appliances can substantially reduce
the energy consumption of
buildings.
Many of these can be installed
with little or no cost through
building design and good
management practices of building
operators and occupants.
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1. Solutions for Space Conditioning
No - low cost:
- Turn off air con as you leave room
- Adjust and maintain existing systems
- Set appropriate temperatures (25.5)
- Set appropriate dress codes
- Use fans
- Reduce leakage
Medium Cost:
- Install insulation, tinted windows &
double glazing etc.
- Consider paints, surfaces and planting
- Install a building management system
to optimize energy efficiency
- Install variable speed drives to enable
pump and fan speeds to be controlled
- Follow schemes such as BEAM and
LEED provide guidance on new
buildings
High Cost:
- Install/retrofit a water cooled chiller
system. These are up to 50% more
efficient
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2. Solutions for Lighting
No - low cost:
- Turn off lights
- Organise office to maximise use of
natural light
- Clean light bulbs and fittings
- Change lights to more efficient compact
fluorescent lamps (CFLs)
- Install sensors to turn off lights when
rooms are nor in use
- Use mirror reflectors for twin tube
fluorescent to reduce the number of
light bulbs needed
- Set appropriate illumination levels
- Change lights to more efficient Light
Emitting Diode (LEDs).
These are not suitable for all locations but are
good for building facades, traffic signals and
exit signs
Medium Cost:
- Install dimming ballast and controls to
control artificial light in relation to the
level of natural light
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3. Solutions for Waste
Immediate, low cost:
- Purchase in bulk
- Select reusable packaging
- Buy only what you need
- Reuse and recycle
Medium-term:
- Reduce packaging
- Develop a waste management system
- Develop a water management system
- Maintain existing water system
- Save water
Long-term:
- Extract energy from waste
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4. Solutions for Office Equipment
Immediate, low cost:
- Turn equipment off to prevent wasting
energy
- Reduce equipment usage, by only
turning on the piece of equipment you
need
- Recycle and re-use office equipment
whenever possible
- Place equipment near naturally
ventilated areas, such as photocopiers
that generate heat and put increased
pressure on air conditioning units
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More Information
We would like to direct you to the online version
of the guide found at:
www.climatechangebusinessforum.com
As well as the Hong Kong Government’s Carbon
Audit Guidelines:
http://www.epd.gov.hk/epd/english/climate_chan
ge/ca_guidelines.html
Kindly encourage your colleagues and supply chain
contacts to have a look at the guide.
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Thank You. Please contact the CCBF Secretariat if
you have any further questions.
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