The threat of climate change introduces some of the most significant commercial issues to be faced by mid-market businesses in decades. An expanding regulatory environment shifts in competitiveness, pressure from customers, and changes in consumer behaviour will drive the need for a realignment of business strategies towards a more environmentally friendly approach.

• Larger companies who are required to report under the National Greenhouse and Energy Reporting Act will increase pressure on their smaller suppliers to reduce emissions.
• The introduction of the Emissions Trading Scheme with requirements to hold permits to match emissions and energy use will change cost structures and affect investment returns.
• Accounting and tax treatments of permits will need to be understood.
• Businesses of all sizes will eventually need to establish their environmental footprint.
• Implementation of systems to track your environmental inventory.

Pitcher Partners are well advanced in helping clients address these issues and can assist your management team in addressing these vital issues through the following services:

• Environmental audit
• Review and revision of strategic business plans
• Financial modelling of scenarios and cost impacts of ETS permits
• Addressing organisational impacts
• Assisting with establishing an environmental footprint.
• Advising on the Accounting and Tax treatment of trading permits
• Implementing systems for tracking environmental inventory.