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New guidance: How to structure a climate strategy

This new guidance from the Gold Standard, CDP and WWF, sets out four key pillars for companies to set an effective climate strategy:

  • MEASURE + DISCLOSE climate impact and risks
  • REDUCE climate impact and risk in line with science
  • FINANCE the global transition to a zero-carbon resilient economy
  • ADVOCATE for strong policy frameworks

Complete the form below to download your copy of the Corporate Climate Stewardship Guidelines

For help to set your targets and effective strategies to meet these commitments, talk to our experts on +44(0)1865 591000 or email business@climatecare.org

 

We will use your data to respond to this request for information. We will also use it to ask for your permission to be added to our database, so we can keep you up to date with our latest news.

Rising CO2 may increase dangerous weather extremes

New research from the University of Oxford and collaborators at several other institutions provides compelling evidence that meeting the global warming target of 1.5°C may not be enough to limit the damage caused by extreme weather.

Read more

Speak to our experts about the options for your organisation to take responsibility for its CO2 emissions. Call +44(0)1865 591000 or email business@climatecare.org

This entry was posted in News on by .

I’m asking for your help

As a visitor to our website, and a supporter or our work, I am asking for your help – to please vote for ClimateCare in the Environmental Finance Voluntary Carbon Market survey.

The categories to vote for us in are:

  • Best Carbon Offset Retailer
  • Best Project Developer Public Health

Click here to vote

 

Why should you vote for ClimateCare in these rankings?

  • We look after our planet, people and our customers – we are the number one ranked B Corporation in the UK 2018 – winning Best for the World, Best for Workers and Best for Customers awards.
  • We drive innovation – Our experts write methodologies, pilot and commercialise projects that cut carbon and improve lives. We consistently push the boundaries of what’s possible to deliver measurable climate and social impact at scale.
  • We deliver results – to date we have cut 20.6 million tonnes of CO2 and improved the lives of 16.5 million people.

I am immensely proud of all that we are achieving, but there is still much more to do.

A vote will only take a minute of your time, but winning awards like this can have a huge impact for us. It encourages other organisations to partner with us, allowing us to scale our work and further deliver against our 2020 targets.

Thank you for your support – it really does matter!

Edward Hanrahan

CEO ClimateCare

Customer Offset Request

Disclaimer: Please note that this form can only be used by approved Air New Zealand business customers.

 

Customer Offset Request- Emissions Report

PRESS RELEASE: CLIMATECARE IS THE NUMBER ONE RANKED B CORP IN THE UK

12th June 2018, Oxford

ClimateCare has been honoured for creating positive social and environmental impact by the non-profit B Lab, for the third consecutive year.

 

 

Following a rigorous and comprehensive assessment of the company’s impact on its workers, community, and the environment – ClimateCare has been ranked first in the UK B Corp ‘Best for the World List’.

The ‘Best for the World List’ represents the gold standard for high impact companies and honours those companies whose ground-breaking business models are improving our world.

Kate Sandle, Community Manager B Lab UK says:

“As consumers, talent and investors increasingly demand transparent, values aligned businesses to buy from, work at and invest in, companies need not just to be Best in the World, but Best for the World to be the most successful.

ClimateCare epitomises this profit for purpose approach, demonstrating positive impacts through its own operations and helping businesses take responsibility for their social and environmental impacts through innovative programmes to cut carbon and improve lives.”

Edward Hanrahan, CEO, ClimateCare says:

‘’As more and more businesses recognise the importance of focusing on Purpose as much as Profit, we are delighted to have achieved the highest score of any B Corp in the UK and to be acknowledged as Best for the World for the third year running.

This continued recognition of ClimateCare’s profit for purpose business model and the certified positive impact it has for people and the environment is a great validation for both the ClimateCare team and our customers.  We hope it encourages others to follow their lead and partner with us to take responsibility for their climate impacts through our Climate+Care programmes.”

 

Notes to editors

ClimateCare

ClimateCare works with corporate and government partners to deliver world leading emission reduction and development programmes.

Our experts design integrated programmes and implement them – selecting and devising the best projects to tackle poverty, improve health, protect the environment and deliver value for the organisations involved.

This unique Climate+Care approach is a cost effective way for corporates to take full responsibility for their climate and social impacts and for the public sector to deliver more efficiency for its spend.

As the market leader for over 20 years, by unlocking new sources of finance and leveraging mainstream funding, we deliver some of the largest and most successful sustainability initiatives in the world.

Our work has an immediate and measurable impact for people and the environment: to date we have cut over 21 million tonnes of CO2 and improved life for over 16.5 million people.

Find out more at www.climatecare.org

Follow ClimateCare on twitter: @ClimateCare

B Corporation

Each honoured company is a certified B Corporation. These companies use the power of business to solve social and environmental problems and have met rigorous standards of social and environmental performance, accountability, and transparency. Today there are over 2,544 Certified B Corporations, across 130 industries and 50 countries, unified by one common goal: to redefine success in business.

Press enquiries

Please contact: Rhiannon Szmigielski, ClimateCare

Tel: +44 (0)1865 591000

Email: rhiannon.szmigielski@climatecare.org

Six signs that carbon could affect your business’s bottom line

We rarely meet a business that doesn’t believe protecting the environment should be part of its commercial strategy. But overall, private sector climate action continues to lag behind the level that is required to limit temperature change to 2 degrees – let alone the 1.5 degrees that is pledged under the Paris Agreement.

 

Investing to improve the environmental performance of products, reduce the environmental impacts of your supply chain, and make the necessary changes to comply with future environmental legislation, all make long-term business sense and for many companies help to alleviate future risk. But, these future risks are often unquantifiable and each activity requires short-term financial outlay, which can be harder to secure.

We’ve identified five key trends that demonstrate the importance of taking action now, which can help you make the business case in your organisation. The longer we delay climate action, the greater the risks and expense to be borne by your shareholders in the future.

 

1.Mandatory carbon prices are becoming widespread

The percentage of global emissions covered by a mandatory carbon price – that is a tax or cap and trade scheme – has increased from 13% in April 2016, to 20 – 25% in April 2018[1]. Insufficient action now to reduce emissions outside these mandatory programmes could result in liabilities under new carbon pricing mechanisms that may otherwise have been avoided.

 

2.Carbon prices are rising

The clearest example of this price movement is in the EU ETS. Since May 2017, prices have risen 200% to around €14 today[2] – a result of new rules on allowance reductions and increasing demand for allowances[3]. Research by Carbon Tracker suggests this price could reach €45-55 if Paris compliant limitations are proposed, a significant jump from today’s levels[4]. Whilst this trend is not apparent in all markets, we believe it is a likely indicator of future pricing in a Paris-compliant world.

 

3.Investors are looking at your climate risk

The Task Force on Climate Related Financial Disclosure, led by Michael Bloomberg and involving some of the world’s largest financial institutions, released its final report in June 2017. Investors are now assessing exposure to climate-related risk – whether physical or generated through new regulatory frameworks – alongside conventional financial metrics.[5] Climate-wise companies who take full responsibility for their climate impacts are attractive investment opportunities. Laggards are not.

 

4.Flying will no longer be climate-exempt

The aviation industry has to date been exempt from international climate agreements, notably Kyoto in 1997 and Paris in 2015. However, the International Civil and Aviation Authority, aviation’s international body, has committed to climate neutral growth from 2020[6]. A likely repercussion is that demand for voluntary and compliance carbon credits is going to rise substantially. The International Aviation and Transport Association suggests 2.6 billion tonnes of carbon will have to be offset between 2021 and 2035[7]. Such demand is likely to generate substantial upward pressure on credit prices for all purchasers of project based emission reductions. For airlines, securing a future supply of credits now could avoid significant payments in a few years’ time.

 

5. Nor are other sectors

There is a huge gap between where we are now and the level of global climate action required to bring us in line with the Paris Agreement. Under this Agreement, where every signee country has a target, more sectors are likely to be brought under the remit of compliance frameworks, changing the economics of operations in different industries.  Like aviation, the shipping industry is currently consulting on its own climate action programme which will have knock-on effects for the balance sheets of companies along the supply chain.

 

6. Reputational risk

Businesses that fail to address climate impacts are attracting international media attention. The Divestment movement has pressured many investors to move away from their association with conventional fossil-fuels. Consumers are telling companies they don’t want excessive packaging, they want to know where their products come from and how they were produced. Who are the brands being applauded in these climate-conscious times? Tesla. Ikea. Patagonia. Body Shop. Those who’ve worked out how to make money out of doing something good.

 

Climate action needs to be integrated in your decision making at board level now, in the interest of profit, as well as environmental and social integrity. International intention to take climate action is clear – but achieving that goal is only going to become more expensive.

 

By George Beechener, Sustainability Executive, ClimateCare

 

 

[1] Institute for Climate Economics, 2018. Global Carbon Account 2018. https://www.i4ce.org/wp-core/wp-content/uploads/2018/04/Global-Carbon-Account-2018_5p.pdf

[2] Carbon Tracker, 2018. Carbon Clampdown. https://www.carbontracker.org/reports/carbon-clampdown/

[3] Reuters, 2018. https://uk.reuters.com/article/us-eu-carbon-survey/analysts-raise-eu-carbon-price-forecasts-on-emissions-rise-uk-brevity-clarity-idUKKBN1HI1LR

[4] Carbon Tracker, 2018. Carbon Clampdown. https://www.carbontracker.org/reports/carbon-clampdown/

[5] Task Force on Climate Related Financial Disclosure, 2017. https://www.fsb-tcfd.org/publications/final-recommendations-report/

[6] International Civil Aviation Authority. https://www.icao.int/environmental-protection/Pages/market-based-measures.aspx

[7] IATA. http://www.iata.org/policy/environment/Pages/corsia.aspx

This entry was posted in Blog on by .

Press Release: LINKLATERS AND CLIMATECARE ANNOUNCE THREE YEAR PARTNERSHIP ON WORLD ENVIRONMENT DAY

5th June 2018, Oxford

  • LINKLATERS WORKS WITH CLIMATECARE TO EXPAND REMIT BEYOND CARBON NEUTRALITY
  • LINKLATERS SUPPORTS THE GOLA RAINFOREST PROJECT AS PART OF OFFSET PARTNERSHIP WITH CLIMATECARE

Linklaters and climate and sustainable development specialist ClimateCare have announced a new three year partnership that brings together the skills of both organisations to cut carbon, save precious wildlife habitat and improve lives in Sierra Leone.

Linklaters works closely with ClimateCare to offset its unavoidable emissions and achieve carbon neutrality through best practice projects. For the next three years the organisation has committed to expand its work beyond a simple offset, and aims to use its legal expertise to provide pro bono support to the Gola Rainforest Project in Sierra Leone. This will focus, in particular, on supporting local people to derive equitable and sustainable livelihoods from the forest.

The Gola Rainforest Project is the first REDD+ (Reducing Emissions from Deforestation and Degradation) carbon project in Sierra Leone. This West African country, which has suffered extensive deforestation due to agricultural expansion and logging, has less than 4% primary forest cover.

The project is a partnership between the Government of Sierra Leone, The Conservation Society of Sierra Leone, The RSPB and local communities.

Working together, 168 project staff support 122 communities, developing sustainable livelihoods and safeguarding this biodiversity hotspot. The forest – known locally as the Green Diamond – is home to more than 300 species of bird, over 600 species of butterfly as well as endangered pygmy hippos and chimpanzees.

 

The Gola Rainforest project is home to 300 species of birds

 African Pygmy Kingfisher,© Tremarctos  Photography, www.tremarctos.com

 

The Gola Rainforest project is home to over 600 species of butterfly

Butterfly, © Tremarctos Photography www.tremarctos.com

Training and supporting communities in sustainable agriculture, particularly cocoa production, helps farmers live in harmony with the forest, whilst improving productivity and quality – meaning better prices and a more reliable source of income.

 

The Gola Rainforest project is developing sustainable cocoa farming, bringing more secure incomes to local communities as well as protecting the forest and wildlife.

 Cocoa Farmers, ©Bjorn Horvath.

 

The project will reduce 5 million tonnes of CO2 by 2021 and delivers against multiple global goals, specifically, goal 15, Life on Land.

 

 

For Linklaters, employing legal expertise alongside the offset was a key attraction:

A successful local economy that respects the rainforest is the surest way of protecting Gola for generations to come. The opportunity to go above and beyond a simple carbon offset was compelling and we look forward to employing our legal skills to strengthen local people’s engagement in Gola, to the benefit of all.” explains Matt Sparkles, Head of Corporate Responsibility.

ClimateCare specialises in building world class offset programmes for organisations that match their business purpose and values.

Putting together a bespoke offset programme delivers real added value through staff, customer and supplier engagement, and enables us to deploy our partner’s key skills to further the environmental and social impacts of ClimateCare projects” says ClimateCare’s Head of Partnerships, Rob Stevens.

Linklaters began offsetting its carbon emissions after a survey of employees across the world found that 86% were in favour of offsetting unavoidable emissions. Since then, the organisation has seen real business benefits from its programme with ClimateCare. In addition to increased staff engagement and retention, Linklaters’ recruitment team reports positive responses from prospective employees and importantly, Linklaters is able to showcase environmental responsibility to clients – helping it win and maintain business.

Since 2007, Linklaters has engaged its people for World Environment Day, raising awareness on how they can make a difference at home, just as the firm makes possible in the workplace. This year, to launch its three year partnership with ClimateCare and support for the Gola Rainforest project, Linklaters will be providing employees with a reusable coffee cup celebrating the partnership, and reducing plastic waste.

 

Notes to editors

 

ClimateCare

ClimateCare works with corporate and government partners to deliver world leading emission reduction and development programmes.

Our experts design integrated programmes and implement them – selecting and devising the best projects to tackle poverty, improve health, protect the environment and deliver value for the organisations involved.

This unique Climate+Care approach is a cost effective way for corporates to take full responsibility for their climate and social impacts and for the public sector to deliver more efficiency for its spend.

As the market leader for over 20 years, by unlocking new sources of finance and leveraging mainstream funding, we deliver some of the largest and most successful sustainability initiatives in the world.

Our work has an immediate and measurable impact for people and the environment: to date we have cut over 21 million tonnes of CO2 and improved life for over 16.5 million people.

Find out more at www.climatecare.org

Follow ClimateCare on twitter: @ClimateCare

 

Linklaters

 

About Linklaters

  • Linklaters is a leading global law firm, supporting and investing in the future of our clients wherever they do business. We combine legal expertise with a collaborative and innovative approach to help clients navigate constantly evolving markets and regulatory environments, pursuing opportunities and managing risk worldwide.
  • Our 5,200 people, of which almost half are lawyers, are located across 29 offices in 20 countries. In order to offer our clients the highest quality advice, our lawyers across three divisions; Corporate, Dispute Resolution and Finance and Projects, specialise in industry sectors as well as practice areas.  

Press enquiries and image requests

Please contact: Rhiannon Szmigielski, ClimateCare

Tel: +44 (0)1865 591000

Email: rhiannon.szmigielski@climatecare.org