Description
The PPT on UBS and climate change ..warming up to global action.
UBS & CLIMATE CHANGE
Environmental Concerns among Business Houses
? Climate Change and all types of environmental impacts ? Stabilizing carbon emissions to carbon neutrality ? Carbon trading providers polluters a easy way out ? Rising Costs of environmental management programs at business houses
Environmental Corporate Responsibility among Business Houses
? UBS’s CR activities focused on following areas - Client Relationships - Communities - Environment ? Indices to identify companies that met globally recognized corporate responsibility standards
AVENUES
?INTERNAL REDUCTIONS - Energy Consumption - Business Travel ?CARBON MARKETS Offsets: CERs - Certificates from projects in developing countries ERUs - Certificates from projects in industrialized countries VERs – Certificates traded over the counter
INITIATIVES
Company Initiative Targets Citigroup
Environmental measures part of its corporate citizenship agenda
10% green power Lower emissions by 10% by 2011
Credit Suisse
All Buildings emission neutral by 2006 Sustainability Committee Purchase of 243,000 tons of carbon credits for 06-08 operations 100% Carbon Neutral through purchase of offsets Carbon Emission Reduction of 5% by 2007
HSBC
Environmental Compliance: Problems and Obstacles faced by Business Houses
? Measuring economic benefits by addressing environmental concerns is difficult. ? Different yardsticks for companies in developed and developing countries ? Internal and external audiences don’t understand the value of environmental program.
Environmental Prospect: Dilemma of Business Houses
? Indices used to measure the corporate responsibility of business houses not well equipped to portray real picture. ? Business Houses in richer nations pay out of obligations to reduce emissions.
doc_220278789.ppt
The PPT on UBS and climate change ..warming up to global action.
UBS & CLIMATE CHANGE
Environmental Concerns among Business Houses
? Climate Change and all types of environmental impacts ? Stabilizing carbon emissions to carbon neutrality ? Carbon trading providers polluters a easy way out ? Rising Costs of environmental management programs at business houses
Environmental Corporate Responsibility among Business Houses
? UBS’s CR activities focused on following areas - Client Relationships - Communities - Environment ? Indices to identify companies that met globally recognized corporate responsibility standards
AVENUES
?INTERNAL REDUCTIONS - Energy Consumption - Business Travel ?CARBON MARKETS Offsets: CERs - Certificates from projects in developing countries ERUs - Certificates from projects in industrialized countries VERs – Certificates traded over the counter
INITIATIVES
Company Initiative Targets Citigroup
Environmental measures part of its corporate citizenship agenda
10% green power Lower emissions by 10% by 2011
Credit Suisse
All Buildings emission neutral by 2006 Sustainability Committee Purchase of 243,000 tons of carbon credits for 06-08 operations 100% Carbon Neutral through purchase of offsets Carbon Emission Reduction of 5% by 2007
HSBC
Environmental Compliance: Problems and Obstacles faced by Business Houses
? Measuring economic benefits by addressing environmental concerns is difficult. ? Different yardsticks for companies in developed and developing countries ? Internal and external audiences don’t understand the value of environmental program.
Environmental Prospect: Dilemma of Business Houses
? Indices used to measure the corporate responsibility of business houses not well equipped to portray real picture. ? Business Houses in richer nations pay out of obligations to reduce emissions.
doc_220278789.ppt