Delivering on sustainability ambitions
A climate emergency has been declared and the time to act is now. But what action should you take?
The challenge of converting sustainability ambitions into action is covered in edie's 2019 Mission Possible Report. Centrica's Ian Hopkins shares his views on how organisations can gain both environmental and commercial advantage by demonstrating sustainable business leadership.
Your customers and employees have high sustainability expectations, while you also face growing environmental compliance and reporting demands. Standing still is no longer an option, especially as going green makes great business sense.
Our international energy advantage research of more than 1,500 organisations showed those who lead on sustainability have more growth potential, greater financial success and energy resilience, lower energy and operational costs and a better reputation.
This is demonstrated by the impressive sustainable business leaders who have shared best practice and inspiration for this Mission Possible report. They are achieving outstanding environmental progress, while running some of the most successful global enterprises.
The rapid decentralisation of energy from large power stations to cleaner on-site generation and storage is opening up exciting opportunities in the transition to a net-zero future. Innovative distributed energy technologies and solutions enable organisations to radically rethink how they manage and consume energy - for commercial and environmental advantage.
Make don't buy renewable power
Many organisations are delivering on sustainability targets by purchasing renewable power, but falling costs of on-site generation and battery technologies provide new opportunities to self-generate and store renewable power at scale.
For example, by combining solar and battery technologies, our customers are increasing solar utilisation by an average 30-40 per cent. In this way they can reduce emissions and energy costs, while providing a fast response, uninterruptable back-up power supply. Internet of Things (IoT) technologies make it possible to exploit flexibility in these and other energy assets to earn revenue via Demand Side Response (DSR) and balancing services, which in turn enables more renewables to enter the grid.
Integrating EV and distributed energy infrastructure
We're also helping our customers to develop the electric vehicle (EV) infrastructure they need to shift to a zero-emission transport fleet. By integrating this EV infrastructure with renewable on-site distributed solutions we can further enhance sustainability.
Centrica's distributed energy and integrated EV strategy is at the heart of our own Responsible Business Ambitions. We now produce over 80 per cent less carbon than we did a decade ago and our target is to reduce internal emissions by a further 35 per cent in the 10 years through to 2025, and to help customers to reduce their emissions by 25 per cent by 2030.
Centrica can support your end-to-end energy sustainability and EV strategy: