By David Bicknell
I attended the launch yesterday of a new report targetting the sustainable innovation opportunities offered by the CRC Energy Efficiency Scheme.
The report, by sustainable innovation specialist Cambium, provides a systematic analysis of the financial and reputational exposure of the 2,770 so called ‘participants’ in the CRC Scheme. This reputational aspect is important with the first performance league tables due out in six months time, in October.
The report, which was launched at Intellect in London with attendance from Intellect, hosting specialist Rackspace and the UK Centre for Economic and Environmental Development (UKCEED) is aimed primarily at suppliers of innovative technologies that can help the organisations affected by this legislation to reduce their likely tax bills, cut energy use and protect their reputations as well as be able to pomote themaselves as responsible businesses.
Cambium believes the report will be of use to trade bodies and CRC Participants, policymakers and public stakeholders, and investors.
The report features an index which examines public and private sector participants for a range of sustainability and energy reduction related indicators and categorises them as leaders, early majority, late majority or laggards within their sector, providing a measure of their likelihood to invest in and adopt energy saving or other innovative technologies, supporting sustainable economic growth.
The Cambium study identifies and explores the significant differences between the public and privat sector attitudes to a “carbon” and “social awareness” indicator and makes recommendations for better targeting of the market opportunity by suppliers.