Risks and challenges

Far from being immune to the impact of climate change, media and entertainment companies will feel the effects of carbon-emissions legislation, which will affect their profitability. High carbon-emissions businesses, such as printing presses, print media, TV stations and production facilities, will require comprehensive strategies to mitigate the effects of this legislation on their businesses. Additionally, extreme weather events will pose a physical threat to distribution networks and supply chains. Research shows that consumers prefer to buy products from a company with a climate-change strategy.

Opportunities

Since climate change is an emotive issue, companies can differentiate themselves in the market place by developing renewable products from renewable paper products. Companies can increase productivity, reduce overheads and increase profitability through energy-efficiency programmes, and enhance their brands and reputations via implementing and communicating clear emissions-reduction targets. Growth can also be bolstered through understanding the effects of emissions regulations on your company. Achieving carbon neutral status also offers significant marketing opportunities for your business, which will allow you to differentiate yourself in the market place.

What can GCX do for you?

• Efficiency:

Through determining your carbon footprint and a business-case energy efficiency audit, GXC will assess your company’s carbon emissions and help you to set targets and budgets that suit your business. From here, GCX will help you to implement reductions and achieve your cost-cutting goals, which include education campaigns in your organisation to engrain climate-change awareness in your company’s culture and to ensure that employees support internal initiatives. GCX will also undertake to monitor your emissions on a continuous basis. The journey towards becoming a low-carbon business also offers significant PR and marketing opportunities that can be harnessed to differentiate your company as a climate-change leader.

• Legislation and reputation:

GCX will determine the effect that carbon laws will have on your business and identify the best ways to ensure your continued profitability, which also include establishing the reputation risks posed by being affiliated with a high carbon-emissions business.

• Lifecycle assessment (LCA):

GCX’s LCA services endeavour to help companies understand the carbon emissions in their products, from cradle to grave. This information is vital if you are planning to introduce a green alternative to your current product range. Research shows that consumers trust a company and are more willing to buy its products if it has a clearly defined climate-change strategy.

• Adaptation:

Adaptation involves the adjustment of systems in order to respond to actual or expected weather events or their physical manifestation. These adjustments mitigate the harm or exploit the beneficial opportunities that arise from these events. GCX will assess the effect that climate change will have on your supply chain and business as whole. Our specialists will highlight the risks inherent in your business model and identify solutions to this risk and help to implement them.