Ecometrica (www.ecometrica.co.uk) are delighted to announce that Managing Director Dr. Richard Tipper will be a guest speaker at the prestigious Scottish Low Carbon Investment (SLCI) Conference in September 2010.

The SLCI Conference (www.slciconference.co.uk) is supported by the Scottish Government and jointly organised by Scottish Enterprise and the Edinburgh Chamber of Commerce. It will feature speakers from the highest levels of business and government, including Scotland First Minister Alex Salmond and UK Energy Minister Chris Huhne, as well as being chaired by Angus McCrone, Chief Editor of Bloomberg New Energy Finance.

Richard will take part in a roundtable debate with Jim Mather, Scottish Minister for Energy, Enterprise and Tourism, Carbon Trust COO Michael Rea and Rob Hastings, Director of The Crown Estate. They will be discussing how businesses can exploit the opportunity of meeting the low carbon challenge post-Copenhagen, as well as post-UK election.

For more information on the SLCI Conference or to book your place, you can visit the event website here: www.slciconference.co.uk. To contact the event organisers, you can call +44 (0)131 221 2972 / 2971 / 3194, or email lowcarbon@edinburghchamber.co.uk.

Dr Richard Tipper, managing director of Ecometrica – a leading provider of greenhouse gas accounting services – predicts that we are likely to see a step change in company carbon reporting from under 20% (432,000 companies) to over 80% (1.73 million) in the UK over the next 5 years.

A recent PricewaterhouseCoopers (PwC) report (Appetite for Change, published May 2010) revealed that 64% of business leaders support carbon emissions legislation, including taxes and incentives, but believe that governments are failing to provide sufficient clarity and leadership in implementing legislation capable of meeting global targets.

According to the PwC report, most business leaders see the financial benefit in carbon reduction and many will go beyond what legislation requires in a bid to satisfy public demand and protect investor relationships and share prices.

Green issues are becoming pervasive for business – affecting everything from energy reduction plans to decisions on new products and services, investment and sourcing strategies. Data has to be accurate and compliant in order for planning, execution and measuring results to be effective.

Carbon information is rapidly becoming a standard part of the due diligence process for supply chain contracts and investment decisions. Organisations driving demand from the top include many big brands such as Walmart and Tesco, local authorities and government departments. Suppliers and service providers must comply with green policies; such as Walmart’s 2009 requirement for its suppliers to provide information about the environmental impact of their products.

However, for many organisations accounting for greenhouse gas (GHG) emissions represents a major headache in terms of capturing the necessary emissions data and in complying with a raft of emerging regional standards such as CRC, CDP, GRI, DEFRA, ISO 14064, PAS 2050 and 2060, WBCSD/WRI – the list goes on.

Many businesses are turning to business information systems for the answer, but Ecometrica managing director Dr Richard Tipper, co-author of the IPCC report into Climate Change that won the Nobel Peace Prize in 2007, warns that these systems are unnecessarily cumbersome and expensive and will ultimately never quite solve the ‘Reality Bomb’ problem.

“Many enterprise software and IT vendors are now offering “enterprise carbon accounting” (ECA) modules as upgrades to automate carbon accounting,” Tipper explained. “These solutions will output numbers and calculations, but because this software has not been designed from a carbon management perspective, there is almost always something missing.

“Keeping in touch with the huge raft of standards is the first problem. A software module may say it will help you to conform to a standard such as the Carbon Reduction Commitment (CRC), but what it doesn’t tell you is that not only does the CRC only account for site energy emissions, but that the CRC is merely one of almost 20 globally-recognised standards that you could be asked to report on. Consider this issue in a complex multi-national business with hundreds of products and services, each one of them with a different supply chain and lifecycle and all of a sudden you have a major headache. This is what we call the Reality Bomb.”

He added: “Ecometrica sees the future in professional services. We believe that emissions and energy management is a fluid business issue that needs to be fundamentally linked to business strategy and planning – and evolving as new standards and best practices emerge. Our experience is that this is much more about working with specialists and professionals than yet another project for beleaguered IT departments to contend with. It should neither cost the earth, nor take forever for organisations to establish the underlying metrics required to support the process.”

Ecometrica’s vast experience in the development and application of all major standards for GHG accounting, ecosystem change measurement and monitoring has led them to make this expertise available in the form of an easy to use online service called Our Impacts.

Our Impacts is a unique web-based greenhouse gas accounting service with one of the world’s most advanced GHG knowledge bases at its heart: eCORTEX. The eCORTEX contains tens of thousands of emission factors, unit conversions, guidance rules and benchmarks that is generated, maintained and future proofed by Ecometrica’s team of expert greenhouse gas analysts.

Dr Tipper concluded: “Our Impacts has been specifically designed as a support tool for mainstream professional service providers offering energy management and green business services. Our Impacts lets Ecometrica’s partners create client-specific GHG accounting platforms for their clients – with our analysts always on hand to provide expert support where and when required. This helps businesses establish and model their carbon metrics much faster and more accurately than conventional approaches.

“We believe that this approach will allow businesses leaders to focus on the real impact of their carbon reduction measures and strategic planning in the knowledge that they are fully compliant and accurate – rather than have them bogged down in IT issues.”

Former CEO of Man Group, smart investor and ‘godfather of UK hedge funds’ Stanley Fink has backed Ecometrica’s approach through two rounds of investment: “Ecometrica’s team has been at the forefront of best practice in GHG emissions accounting since it began in the late 1990s and using modern web-based technology the expertise that the team has built up is now widely available. For some time now business has realised that sound environmental policy is core to future success and Our Impacts is a service that will help them achieve that.”

As carbon accounting rapidly becomes a mainstream activity for all organisations, Dr Tipper believes that this ‘light on IT, strong on service’ approach will help organisations defuse their ‘Reality Bomb’.

Media Contact – For further information and interview requests please contact:
Anna Gormley, The BIG Partnership
Tel: 01592 643 200 or 07884 061 844
Email: anna.gormley@bigpartnership.co.uk

OR

Andy Bell, The BIG Partnership
Tel: 01592 643 200
Email: andy.bell@bigpartnership.co.uk

The Committee will assist the Foundation in overseeing the work of a Technical Advisory Group comprised of 35 international experts in community-based natural resource management, ecosystem services quantification and monitoring, and the development of rural livelihood programmes.

The Group will provide elements of quality control in the application of Plan Vivo System, and contribute to the ongoing development of the Plan Vivo Standard through providing guidance and technical oversight.

Nicholas Berry is the current chair of Technical Advisory Group.

For more information see www.planvivo.org.

Over the two-day exhibition, analysts from Ecometrica used iphones to collect information from visitors about their travel to the event, and were able to present each respondent with their individual footprint instantly. The running total was displayed on a big screen at the exhibition entrance, enabling attendees to see the emissions building up in real time.

Ecometrica used The Carbon Show and the Carbon Footprint Live exercise to launch and demonstrate the Our Impacts web-based greenhouse gas accounting tool. This web-based assessment service has been designed to make carrying out carbon footprints cheaper and faster, as well as giving clients greater involvement and control over the data collection process.