What Changing Planet Solutions Offers
A visit to this site probably means you have been asked by a customer to obtain an environmental rating. The site provides guidance on:
- What is an environmental rating
- Why it is important to act now
- How to get a rating
- Improve your rating at little or no cost
- What increase in sales can be expected with a good rating
- Checking which existing/ target customers are demanding high ratings
- Receive accreditation for using renewable electricity
.
An Explanation of an Environmental Rating
The definition is very simple. Your organisation is rated on your actions in reducing its carbon footprint.
It works on the same principle as a financial rating. A "Poor" rating will lead to a loss of sales and a diminished brand.
The good news is it does not take a lot of time or money to achieve a "Good" or "Excellent" rating. That is the objective of these courses.
Regardless if your organisation is a multinational with thousands of employees or a one-person business, you will find the right courses for your needs in the Changing Planet Solutions Skills.
Three Reasons to Act Now
1) Attracting and retaining customers
Give your sales and marketing people the tools for gaining a competitive advantage.
Both the corporate/ public sectors and the consumer are demanding minimum environmental standards from its supply chain.
Companies in the supply chain are starting to be environmentally rated. It will become routine for procurement departments to check on a suppliers environmental rating. A poor rating will lead to a loss of sales.
Where is the pressure coming from?
There are a number of initiatives which, if you have existing or target customers signed up to them, will mean taking action now to gain a competitive advantage. (Click the green links to be taken to their websites)
Procurement Sustainable Pledge. There aim is to have 1 million procurement department professionals sign up for the pledge to select suppliers with a "Good" or "Excellent" environmental record.
RE100. Organisations committed to using 100% renewable electricity
Net Zero Asset Managers Initiative . Shareholders organisation committed to "Net Zero"
Science Based Target Initiative If your company is either directly or indirectly supplying organisations that have joined the "Science Based Targets Initiative" new regulations have come into force on the 28th October 2021. Those organisations with scope three emissions (this includes emissions coming from the supply chain) over 40% of its total, must ensure the supply chain is also working to science-based targets. This represents over 95% of the 2100 companies signed up.
2) Causing the largest reduction in CO2 emissions since 1945. (At virtually no cost)
Why the need? There are no profitable companies or jobs on a dead planet!
If 125 of the largest companies asked their supply chain to switch to renewable electricity it would save one billion tonnes of CO2 per year. That's the same as the combined emissions of Germany and the United Kingdom.
The cost to the supply chain? Minimal, less than a 1% increase in electricity costs.
(SOURCE CDP DEC. 2019)
3) Complying with government regulations
Both national and local governments are introducing regulations
Though starting off with larger organisations, these have a "ripple down" effect to the SME.
In addition procurement guidelines by the public sector is heavily influenced by a suppliers environmental record. The EU are putting in place new conditions and from June 2021 the UK Government has introduced minimum criteria and scoring for suppliers to any contract worth in excess of £5,000,000.
Rating Organisations
(Click the green links for their websites)
Regardless of who is rating you, these courses will provide the guidance to be among the best at the lowest possible cost.
Examples of Rating Agencies are:
Carbon Disclosure Project (CDP). They are focused on enterprise-level companies. Only paid services for both the customer and suppliers
EcoVadis Covers enterprise, medium and SME's. Charges the customer and supply chain.
Fitch. They concentrate on large, normally publically listed companies. The client base is mainly investors. Only paid services are offered
S & P Standard & Poors are the world's largest rating agency. Similar offering to Fitch.
STERA Launched at COP26, it is the first independent environmental rating agency i.e. there are no charges for either the customer or the supply chain. They are the only rating agency to fully rate the extended supply chain. Ratings are focused on the status of companies today rather than future promises, so expect to see harsher views of many organisations. They have an "add on" automated scope three measurement solution (paid for service)
Sustainalytics Offers a wide-ranging set of services to banks, institutional investors but also has a corporate supply chain programme. All services are paid for.
Why?
Why are large organisations forcing this on their supply chain?
The answer is they have no choice. About 90% of the shareholders of publicly listed companies voted to enforce going to "Net Zero". Shareholders are a mixture of the public and institutional shareholders such as pensions funds and asset managers.
The other reason is legal obligations. Many countries have introduced regulations meaning your customers have to comply with the law. Up to now, emission measurements were confined to scope one and two. Scope three e.g. from the supply chain represents the majority of emissions. Many companies "offshore" emissions so scope three measurements are becoming increasingly important to calculate the real CO2 footprint of an organisation's products and services.
"We will not shy away from voting against management teams if they do not deliver meaningful change and meet Net Zero targets"
Oct 2021
- Peter Harrison
CEO of Schroders Asset Management
Schroders is one of 128 asset management firms, with a combined total of $43tr in assets, to join the Net Zero Asset Managers initiative.
What type of organisation are you?
Small and Medium Sized Businesses
A full set of courses designed to prepare your organisation for the upcoming changes within the supply chain and from changing consumer requirements.
Larger and Enterprise Sized Organisations
Larger organisations must be prepared for legislation and stakeholders expectations. These courses are designed for organisations both with and without dedicated environmental professionals.
Emissions Trading Systems Qualification Courses
The courses are designed for people working within organisations which are part of the EU/UK ETS. This provides training and certification (paid courses) for staff involved in the management of these schemes.
Increase Sales
How Changing Planet Will Support Organisations With a "Good" or "Excellent" Rating
Changing Planet will be working with all the procurement departments, of organisations with over 50 employees, to persuade them to only purchase from companies which use renewable electricity.
Below is an example of the marketing and advertising material
which will be used.
Check Your Organisations Rating
It takes only a few minutes to get an indication of what your rating will be. Don't worry if it is not good! For most organisations it costs very little to get to a "Good" or "Excellent" rating.
to obtain your organisation's current rating
About
ecoBRIEF
EcoBrief is a weekly online newspaper which is read by environmental professionals. It was first published in 2019 and from there grew the campaigning organisation Changing Planet, whose objective is to reduce corporate emissions.
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