Climate Miles enjoys a 360-degree perspective on climate change implication on enterprises. Our knowledge is derived from our own work, as well as the work of our associate organisations and our industrial and academic alliances.
Our services are channelised through custom-built IT Products, built in close association with our partners. Our solutions include creation of data analysis and strategy development tools incorporating carbon, energy, water and waste as variables, identifying cost reduction possibilities in energy consumption and carbon emissions (through tools such as Marginal Abatement Cost Curve - MACC - analysis) and readying businesses to deal with likely government regulations in the areas of Climate Change/ Environment and climate-risk assessment. Our solutions reflect our belief that communication and perception management is an integral part of the Sustainability Practice.
Climate Miles was founded in 2010 as Eliminate carbon Emissions (ECE) Pvt. Ltd.
Sustainability and Climate Change Consulting Paradigm
Human enterprises have always functioned as part of the natural ecosystem. The very fact that Climate Change can be a natural response to human action proves that the two do not exist in isolated compartments. The Materials Cycle depicts in a simple manner that enterprises need natural resources as source and sink. Humans classify natural resources in their elemental forms as Earth, Water, Air, Fire and Ether. For the first four, it is easy to see the correlation with physical materials that enterprises regularly interact with in order to carry out their businesses. Earth represents materials mined, extracted or grown on the earth - these form the main raw material for most manufacturing enterprises. Water is an intrinsic element required in any enterprise - either as a direct raw material, or as an embedded element. Air encompasses the movement or transportation of humans and material, and Fire represents the energy consumed in any business process. The fifth element - Ether - is as tangible - in its impact if not in its form - when one associates the function of 'Communication' with this element. While the material resources directly impact the manufacture and distribution of products and services, Communication exerts a more subtle, but equally powerful impact by influencing the perception of the product or service's Brand in the minds of the stakeholders. In the age of communication, it is only appropriate that this element should be explored more clearly.
Climate Change and the associated risks and opportunities to business enterprises is no longer a fringe discussion. However, it is still often an external factor. Climate Miles studies the impact of Climate Change Risk as an intrinsic consideration - much like the other Enterprise Performance Indicators - revenue growth, operating margins, asset efficiency, and vision realisation. Responding to Climate Change Risk as a variable that directly or indirectly impacts all stages of a business lifecycle, and all the stakeholders group in the enterprise, makes possible the examination of each of the inflection points.
The driver behind the Green Economy is the science of Climate change. This science not only has the potential to find balance in the environment. but also to create fundamental instruments for renewed and new economic flows. Once such instrument is the Carbon Credit - one carbon credit embodies a financial value of one mitigated tonne of carbon.
The average footprint of an Indian is little less than 2 tonne of CO2e/yr. 2% of the Indian population emits upwards of 5 tonne of CO2e/yr. If every one of the 2% offset 3 tonne of CO2e/yr, at a price of INR 500, the total flow of money from the privileged to the underprivileged will be close to INR 100 Billion. Considering majority of the low carbon emitters reside in rural India. the total flow from the urban to the rural will constitute a large percentage of the said INR 100 Billion.
Such a mechanism can be a natural outcome of the Green Economy and will probably be a more equitable and efficient mechanism than poverty alleviation schemes and ad-hoc charities. It will reveal the true value of rural India, and assign to it the financial importance it deserves. It will also provide an effective counter-balance to the rural person's aspiration to ape urban patterns of affluence, and lead to more sustainable prosperity.