Fortunity links up with Carbon Planet Ltd on managing carbon

Central Coast integrated business and financial advice firm, Fortunity, through its association with Polaris International, has entered into a cooperative service agreement with Carbon Planet Limited to provide businesses on the Central Coast with a process of managing and minimising their carbon footprint.

The Kyoto Protocol is the strongest compulsory global action plan to combat global warming. It establishes legally binding greenhouse gas (GHG) emission targets for participating countries. Australia has signed up to this Protocol and is bound to reduce greenhouse gas emissions by between 5-15% compared to the levels in 2000. Legislation is currently before Parliament to lock in even greater targets.

The Government has implemented a program so that reduction can start to be managed. According to the National Greenhouse and Energy Reporting Guidelines, large business emitters are now required to register and report their emissions.

A recent survey by the Australian Industry Group has found that more than 60% of businesses are not taking any steps to reduce their greenhouse gas emissions. Not only are there legal obligations but companies that respond early and effectively to climate change can benefit from business efficiencies, competitive advantages and market differentiation.

How Can Fortunity Help?

Measure - GHG Emission Assessment
The first step is to assess your organisation’s exposure to any compliance or supply chain obligations by calculating your greenhouse emissions associated with each applicable activity, providing a clear understanding of your carbon footprint.
Manage - Risk and Management Planning
Using results from the above to formulate a carbon management plan. This plan identifies the risks and how to mitigate carbon exposure. It also highlights how you can take advantage of market place opportunities by adopting a carbon management program.
Minimise – Energy Audit and Education Services
This stage combines a level 1 energy audit and staff training to provide a breakdown of energy usage across your organisation. It identifies opportunities for your energy consumption and carbon emissions to be reduced.

Fortunity Director, Tim Davidson said that businesses need to act now on carbon emissions. “Within months you may be obliged under Federal Government law to report your company’s energy usage and greenhouse gas emissions. All businesses will be affected and it is a question of what you can do to prepare for the changes to come,” said Mr Davidson.

To find out more, call Tim Davidson at Fortunity on 4304 8888.

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