Back to: Environment impacts and issues

We believe that climate change is not just an environmental problem; it is also a fundamental economic issue posing various risks to business.

Through our work on climate change issues over the last decade, including discussions with a range of internal and external stakeholders, we have come to the conclusion that the most significant impact we can have is to assist our customers' transition to a low carbon economy. More broadly we will seek to drive awareness and action in the community.

In 2008 we launched the second iteration of our climate change response. It reinforces the need to work with our suppliers, our customers and our employees to help them minimise the risks associated with climate change and encourage them to think about the opportunities. Our approach focuses on five key areas:

1. Managing climate risks and building capacity across the business
2. Developing products and services that drive positive environmental outcomes
3. Engaging employees around climate change issues and impacts
4. Communication and advocacy in the community
5. Minimising our direct environmental footprint.

For more information on our view on climate change including our governance systems see our position paper

Also available is our 2008 submission to the