Concurrent Session: | 5 OCTOBER
Climate Action 101: Emission Reduction Strategies
DATE AND TIME
5 October 11:00 – 12:30 hrs (ICT)
Conference Room 3, UN Conference Centre Bangkok, Thailand
Climate change poses risks to business continuity and financial stability, while also threatening an array of human rights, including the right to life, the right to health and the right to livelihoods. Climate impacts on business operations and human rights can be mitigated by a commitment by business to reduce greenhouse gas emissions (GHG), while simultaneously strengthening shareholder and investor appetite to invest in green solutions.
Leading businesses in Asia are taking action to reduce their carbon emissions and to contribute to the transition to a low-carbon economy. Yet, many businesses are only at the start of their emissions reduction journey and may be confounded by the requirements of some regulatory entities.
This session on emission reduction strategies for business is informed by the work of the Task Force on Climate-related Financial Disclosures (TCFD). The TCFD is a global initiative established by the Financial Stability Board in 2015, created to develop a framework for all companies in multiple jurisdictions to disclose information related to their climate-related financial risks and opportunities.
The TCFD includes representatives from corporations, financial institutions, accounting and consulting firms, and non-governmental organizations. The TCFD disclosure framework is defined by a 5-step process involving governance, strategy, risk management, and metrics and targets. Several of these steps are similar to the approach outlined by the UN Guiding Principles on Business and Human Rights and its provisions on human rights due diligence practice. This session will unpack the 5-step approach in an easily digestible format to ensure that business can begin and thereafter, accelerate their emissions reduction journey.
The objective of this session is to familiarize business professionals to the steps necessary to reduce emissions from their operations and value chains leveraging international standards.
An instructor will guide participates through the TCFD reporting framework, pointing to best practices and case studies of successful emission reduction strategies implemented by businesses across different sectors. The instructor will include representatives from companies that have successfully reduced their emissions. The session will conclude with a Q&A session where participants can ask questions and engage in a discussion with the panelists.
Upon completion of the session, participants will:
Understand best practices of successful emission reduction strategies implemented by businesses across different sectors.
Understand how businesses can measure, report and reduce their emissions, including setting science-based targets.
Articulate the benefits of adopting emission reduction strategies, including cost savings, improved reputation, and increased competitiveness.
Danielle King (Trainer)
Head of Climate Change Strategy and Decarbonisation, RSK Centre for Sustainability Excellence
Danielle is the Head of Climate Change Strategy and Decarbonisation at the RSK Centre for Sustainability Excellence in Singapore. She is responsible for leading a team of climate change adaptation and mitigation specialists to deliver services in line with the Paris Agreement and UN Sustainable Development Goals. Regarding her own expertise, Danielle specialises in the delivery of climate change impact assessment and management. In particular, she is responsible for the delivery of greenhouse gas assessment, management and verification services, climate change risk and opportunity assessment, management and disclosure services, and the development of climate change action plans and policies relating to both climate change adaptation and mitigation.
Consulting Partner, Corporate Sustainablity and Climate Change, ERM-Siam
Poom is a Consulting Partner, Corporate Sustainability and Climate Change, at ERM-Siam Co., Ltd. He has 17 years' experience in climate change, biodiversity, food system transformation, and business and human rights. He recently re-joined ERM after 12 years working in the corporate sector, leading sustainability teams at Osotspa Plc. and True Corporation Plc. Immediately before returning to ERM, he was a Vice President of Global Partnership for Sustainability and Communications at Charoen Pokphand Group (C.P. Group). Poom holds a bachelor’s degree in economics from Harvard University and a master’s in environmental management from Duke University.
Global Investment Director, Deep Technology and Life Sciences, Siam Cement Group (SCG)
Tim McCaffery manages SCG’s Deep Technology and Life Sciences CVC funds, which include more than 7 LP relationships with VC firms and over 20 portfolio companies in decarbonization technologies including clean energy generation and storage. Tim’s expertise is in delivering new innovations to the world. He has worked across large and small organizations. He has been a startup founder and worked in corporations (in the US and abroad) and the US Department of the ARMY. Tim has an MBA from MIT’s Sloan School of Management, an MS in Materials Science from the University of New Hampshire, and a BS in Chemical Engineering from the University of New Hampshire.
Legal Consultant, ClientEarth ; Visiting Researcher, Asia-Pacific Centre for Environmental Law
Elizabeth is an international economic law attorney working with the private and public sectors on climate-related risks and opportunities in Asia. She leads legal initiatives that facilitate the net-zero transition. These include investor-corporate engagement, climate-aligned investment and trade law analysis, regional judicial training and legal capacity building. Elizabeth was formerly a private practice disputes attorney and a State Counsel and prosecutor with the Attorney-General’s Chambers of Singapore. She holds an LLM in International Economic Law, Business and Policy from Stanford Law School, was a Fellow of the Permanent Court of Arbitration, and is qualified in Singapore and New York.
Sean Lees (Facilitator)
Business and Human Rights Specialist, UNDP
Sean Lees is a Business and Human Rights Specialist at the United Nations Development Programme (UNDP) Asia/Pacific, serving in this role since 2017. In this capacity, Sean promotes responsible business action in India, Indonesia, Malaysia, Mongolia, Myanmar, Sri Lanka and Thailand. He advises companies on the most salient sustainability risks, drafts standard-setting guidance, and promotes policy development that advances business engagement in environment and human rights issues. Sean joined UNDP in 2007 and worked on human rights and rule of law issues in Afghanistan, Fiji, Iraq, and Sudan. Sean also served as a policy officer at the Executive Office of the UN Secretary-General in New York City. Prior to his work with the UN, Sean was a legal advisor to both the US Department of Justice and Department of Homeland Security.
Board Director, and Chair – Digital Economy/ICT Group, European Chamber of Commerce to Thailand (EABC)
He has CEO large listed company roles, global MNC management, SME and start ups, and legal practice. Firms include British Telecom. Baker McKenzie, Starhub Singapore, du (UAE), TIME dot Com Bhd (Malaysia), Bond University and in analytics, broadband wireless and digital media.
In Thailand or the region he has devised and developed policy recommendations on some 15 areas including Rule of Law, AI, Climate and ensuring credible information and standards for investments.
BA LLB (UNSW), admitted in four jurisdictions, Masters - Stanford University Graduate School of Business (Sloan Fellow), and various ICT, stock exchange and listed director certifications. A THAC certified mediator and AFS scholar.