Climate change and increasing extreme weather events will demand adaptation or development of resilience measures to enable us to continue to deliver our products and services.
Our Climate change position statement acknowledges climate change as both a business risk and an opportunity, and highlights the critical role ICT can play in assisting our customers and communities move towards a low-carbon future and become more resilient to a changing climate. We want to work in partnership with governments and the wider community to address the environmental, economic and social impacts of climate change. Our response to addressing climate change is focused on three key areas:
- minimising our emissions by identifying opportunities to improve the energy efficiency of our networks, through more efficient equipment and technologies, renewable energy sources and storage, and emissions intensity targets
- building resilience by assessing the risks of climate change and developing management approaches for our own operations, and supporting customers in responding to extreme weather events
- enabling low-carbon economic growth by making energy-efficient technology more accessible across our networks, and working with governments on policies that encourage and incentivise low-carbon innovation.
Progress in FY17
- We developed an Adaptation Framework in FY17 to continuously improve how we manage our climate and extreme-weather risks.