CRC Inspires Carbon Management Leadership
Published: 15 June 2010
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16 pages, 13 figures
Executive Summary
Verdantix conducted phone interviews with 202 managers responsible for CRC compliance and carbon management to understand the leadership characteristics of large UK private and public sector organizations covered by the CRC Energy Efficiency Scheme. We heard that carbon management is moving up the strategic agenda with implications for your organization’s brand value, competitive positioning and energy costs. In the past, ownership of carbon management resided with individuals in energy management, corporate responsibility and facilities. The introduction of the UK Government’s CRC Energy Efficiency Scheme in April 2010 requires organizations covered by the scheme to nominate a legal company director to sign the compliance reports. The cash flow impact of the CRC, the brand risk implications and the compliance requirements put the spotlight on the CEO and CFO. As many organizations speed towards the March 2011 deadline for the first year of the scheme they are planning to achieve 100% scores on both Early Action metrics to ensure a top spot in the first league table which will be published in October 2011.
TABLE OF CONTENTS
CRC INSPIRES CARBON MANAGEMENT LEADERSHIP
Senior Managers In Big UK Organizations Engaged Over Carbon Management
CRC PUTS CARBON MANAGEMENT ON THE CEO’S AGENDA
CRC Objectives Complement Firms’ Carbon Management Strategies
Executives Take Ownership Of Carbon Management Under CRC
C-Level Engagement Drives CRC Leadership Strategies
CARBON LEADERS SPEED TO THE MARCH 2011 DEADLINE
CRC Makes March 2011 The Deadline For Action On Carbon
Carbon Management Leaders Also Identify Business Benefits From CRC
CRC Top Performers Invest In Energy And Carbon Software
TABLE OF FIGURES
Figure 1. Firms Look Beyond Compliance In Their Approach To Carbon Management
Figure 2. Firms’ CEOs Are Looking To Lead Their Peer Group
Figure 3. Firms Set A Range Of CO2 Reduction Targets
Figure 4. Accountability Should Lie With The CEO Or CFO
Figure 5. Firms Look To Energy And Facilities Managers To Be Directly Involved
Figure 6. Energy And Carbon Data Collection And Meters Top Firms’ Shopping Lists
Figure 7. Firms Are Conscious Of Competitor Movements In The First Year
Figure 8. Governance and Verified Emissions Data Are Most Important To Lead
Figure 9. 68% Of Firms Will Achieve Carbon Trust Certification By 2010
Figure 10. 84% Of Firms Will Implement Fiscal Half-Hourly Meters By 2010
Figure 11. 92% Of Firms Know Their Baseline CO2 Emissions
Figure 12. Leaders In October 2011 Will Avoid Fines And Save On Energy Costs
Figure 13. Top Performing Firms Will Be Investing In Energy And Carbon Software