Transforming energy: Bringing electricity procurement into corporate carbon footprints
Aldersgate Group Chair Peter Young spoke at the launch of the GHG Protocol Scope 2 Guidance, which represents a four-year global collaboration to harmonise methods for companies to report greenhouse gas emissions from purchased electricity, steam, heat and cooling. The event included a presentation by WRI of the new corporate accounting and reporting requirements in the Guidance, with an opportunity for Q&A. Attendees also heard from corporate leaders, government officials, NGOs and market players about how the Guidance will inform corporate GHG reduction strategies, and impact opportunities in the energy market.
UK climate policy: Setting our economy on the right path?
2015 marks a critical juncture in climate policy. The broad lines of the EU 2030 climate and energy package have been agreed, the General Election will yield the parliament that will take us through to 2020 (the date which marks the target for many of our current objectives on energy efficiency, renewables and emissions reductions), and major international climate change talks will take place in Paris later in the year.
In recognition of this pivotal year, the Aldersgate Group hosted a business panel to discuss the current UK policy framework, building on a recent report by Cambridge Econometrics, which outlines the macroeconomic implications of the UK meeting its carbon budgets.
An event summary will be uploaded shortly.
'An Economy That Works' launch
Building on the earlier launch of our report in May, the Aldersgate Group hosted the official launch of the 'An Economy That Works' coalition.
This coalition of businesses and civil society organisations believes that to have a truly successful economy, we need to redefine its purpose and ensure that economic policy also aims to deliver positive environmental and social impacts. The coalition aims to support the government in developing policies that can drive better growth, beyond just GDP and deliver greater sustainability, resilience, prosperity and competitiveness.
Speakers discussed why we need to redefine the purpose of the economy, its importance to the business community and highlight some policy ideas that can help realise an economy that works.
Event summary to be uploaded shortly.
Thank you to Simmons and Simmons for hosting.
Valuing our Life Support Systems’ Natural Capital Summit
The Natural Capital Initiative's summit brought together 250 leading influencers from across business, academia, policy and civil society for dialogue and debate on shared recommendations for further action to embed natural capital valuation into practice. Aldersgate Group Chair Peter Young delivered the keynote address.
The Aldersgate Group also hosted its own breakout session in the afternoon, "Valuing Natural Capital for UK Business". In this session, leading businesses discussed how safeguarding the health of those ecosystems is fundamental to the health of UK plc, how they have engaged with this complex area, and what challenges remain to be tackled.
Banking for Growth: Vision for the Green Investment Bank in 2020
Marking two years since the official launch of the world's first Green Investment Bank in the UK, hear from some of the key players on what its impact has been to date and what role it could play during the next Parliamentary term.
How could the Green Investment Bank most effectively meet its double bottom line in 2020 - being green and profitable? Which sectors should it invest in? Should it borrow from capital markets? And how should it best meet its mission to accelerate the UK’s transition to a green economy, helping to drive growth and jobs across the UK?
Thank you to Bank of America Merrill Lynch for hosting the event.
A video summary of the event can be viewed here.
Dragons' Den: UN Climate Summit
In the run up to the UN Climate Summit 2014, the Aldersgate Grouphosted a Dragons’ Den inspired event which sought to raise awareness, share knowledge and mobilise action amongst senior stakeholders from business, politics and civil society.
A host of business leaders answered Ban Ki-moon’s challenge by outlining what bold pledge would most effectively close the emissions gap and help them to deliver a low carbon economy. Using interactive voting technology, the audience voted for their preferred outcomes and help inform the debate.
Special thanks to Hogan Lovells for hosting.
Impacts of floods and climate change on UK business
As the UK’s climate changes, major flood events are expected to become more regular and the economic impacts more pronounced. The UK needs to adapt to increased flood risk, and other climate change impacts. To do this effectively government and business must work together, as demonstrated in an Aldersgate Group letter published in the FT in February.
Thank you to Wessex Water for supporting this event.
Enable the Label: Introducing the electricity label
This event marked the launch of a new report on the introduction of electricity labelling in the UK and was hosted at EY's offices. Overseen by a Steering Group that was made up of the Aldersgate Group, BSkyB, BT, EY, HSBC, Reed Elsevier and the Retail Energy Forum, the report sets out how an electricity label can drive transparency and communication benefits for businesses.
Pricing the Priceless: One year review of Ecosystem Markets Task Force report
The Task Force's final report, launched in March 2013, makes practical recommendations for Government and business for the creation of new markets, identifying opportunities for growth that benefit the environment. The event discussed progress since the report's publication, the Government response and next steps.
Competitiveness and credibility: What is the best outcome for business from the EU 2030 climate negotiations?
Speakers from government, business and civil society discussed the priorities for the 2030 energy and climate package. What level of ambition will provide the maximum boost to jobs, growth, innovation and exports? What will be the likely impacts on business prospects, investor certainty and energy prices? Will the outcome lead to competitive advantage or carbon leakage?
This event was supported by Vestas.