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Whilst it may seem fashionable for businesses to go green, there are real reasons that major corporations are focusing their attention on climate change issues. Is it not the aim of most corporations in the world to plan for the future and ensure their existence?
For oil companies, in particular, this is a pressing issue as the worlds oil reserves are depleting fast. Not only are they addressing the issue surrounding dirty carbon footprints but they really need to supply alternative energy sources or cease to exist.
As reported in Accountancy magazine, the official publication of the
Institute of Chartered Accountants in England and Wales (ICAEW), once
carbon becomes a real monetary cost to business, behaviour changes and
executives, accountants, & CEO’s alike will need to manage and
account for these costs.
The world’s largest accounting companies are
discussing and raising issues surrounding financial
reporting methods for recent new balance sheet items such as ‘carbon credits’. The climate change corporate revolution has already started. Many
well-known consumer brands are now looking to differentiate their
product from others by tapping into consumer guilt associated with
climate change.
Even the UK Government got in
on the act when in the Budget it announced the implementation of future
‘green taxes’ and measures set to restrict the use of plastic bags in
supermarkets!!
Analysis by the Tyndall Centre for Climate Change Research at
Manchester University suggests that for the UK to play its part over
the coming decades, we need to reduce the carbon intensity of our
economy by between 9% and 13% year-after-year.
AMP & Partners Ltd together with several of its clients can assist
you to participate in business opportunities associated with climate
change.
All of these opportunities will in some way reduce carbon footprints
and generate profits. Projects include-
Solar power plant located in Andalucia, Southern Spain
Construction of energy saving holiday homes.
Thermal power production.
Read more about; projects and opportunities or Contact Us now for more information.
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