This document summarizes several influential possession and exorcism movies in the horror genre. It discusses the plot and impact of seminal films like The Exorcist from 1973. Other films covered include Burnt Offerings from 1976, The Amityville Horror from 1979 based on true events, the gory The Evil Dead from 1981, and the found footage film Paranormal Activity from 2007. The document also analyzes physiological horror films like Session 9 from 2001 and supernatural films like The Rite from 2011.
This document proposes extending HTV7's primetime slot in the Vietnamese market by reviving popular Vietnamese series from 22:45-00:30 daily. It would feature two episodes per night from Monday to Friday to build a new audience for the timeslot. The shows would be promoted through an integrated marketing campaign, spotlight programs hosted by famous personalities, and branding opportunities. The goals are to reinforce HTV7's leadership in Vietnamese programming, regain audience share, and provide advertising opportunities for brands in the new late night slot.
India has made significant progress in solar energy capacity addition, with 604.89 MW inaugurated in April 2012 setting the foundation for solar growth. Falling prices of solar modules due to increased manufacturing has made solar projects more viable, though developers still face challenges in arranging financing. Government policies that provide clarity and continued support will be important to sustain the rapid growth of solar energy capacity in India.
1) Sustainable development is becoming increasingly important for organizations facing uncertain markets, resource constraints, and competition. Companies are addressing financial, social, environmental, and regulatory challenges through sustainability efforts.
2) Renewable energy is a key focus area for sustainable growth, as energy usage is a major concern. Many companies are investing in renewable energy sources like wind and solar to reduce costs and risks from coal shortages.
3) While economic difficulties pose challenges for sustainability commitments, renewable energy presents opportunities for companies to meet targets through programs supporting wind and solar power without hurting profits.
The document discusses renewable energy markets in Europe and the United States, noting that both regions have large compliance markets driven by renewable portfolio standards as well as smaller voluntary markets, and provides an overview of the developing renewable energy certificate market in India including trading volumes and registered capacity by state.
Over the years, renewable energy has grown steadily in India but further growth requires major improvements to distribution capabilities. While generation capacity has increased, demand has grown faster, highlighting the need for renewable energy to bridge the gap. However, for renewable energy to provide benefits, an efficient distribution system is needed. A key issue is the poor financial condition of utilities due to delays in tariff hikes to cover actual costs, limiting their ability to manage increasing renewable energy on the grid. Bailouts provide only temporary relief and reforms are needed for long-term viability, including a calibrated increase in tariffs to ensure efficiency.
Hospital waste presents serious health and environmental hazards if not properly managed. It includes infectious biological waste that can spread diseases. Hospitals must strictly segregate waste into hazardous and non-hazardous categories using designated color-coded containers. Waste must be collected, stored no more than 24 hours at room temperature, and disposed of according to regulations to prevent the transmission of infections and protect public health. Proper training, safety precautions, and worker vaccination are also essential for safely handling hospital waste.
This document summarizes several influential possession and exorcism movies in the horror genre. It discusses the plot and impact of seminal films like The Exorcist from 1973. Other films covered include Burnt Offerings from 1976, The Amityville Horror from 1979 based on true events, the gory The Evil Dead from 1981, and the found footage film Paranormal Activity from 2007. The document also analyzes physiological horror films like Session 9 from 2001 and supernatural films like The Rite from 2011.
This document proposes extending HTV7's primetime slot in the Vietnamese market by reviving popular Vietnamese series from 22:45-00:30 daily. It would feature two episodes per night from Monday to Friday to build a new audience for the timeslot. The shows would be promoted through an integrated marketing campaign, spotlight programs hosted by famous personalities, and branding opportunities. The goals are to reinforce HTV7's leadership in Vietnamese programming, regain audience share, and provide advertising opportunities for brands in the new late night slot.
India has made significant progress in solar energy capacity addition, with 604.89 MW inaugurated in April 2012 setting the foundation for solar growth. Falling prices of solar modules due to increased manufacturing has made solar projects more viable, though developers still face challenges in arranging financing. Government policies that provide clarity and continued support will be important to sustain the rapid growth of solar energy capacity in India.
1) Sustainable development is becoming increasingly important for organizations facing uncertain markets, resource constraints, and competition. Companies are addressing financial, social, environmental, and regulatory challenges through sustainability efforts.
2) Renewable energy is a key focus area for sustainable growth, as energy usage is a major concern. Many companies are investing in renewable energy sources like wind and solar to reduce costs and risks from coal shortages.
3) While economic difficulties pose challenges for sustainability commitments, renewable energy presents opportunities for companies to meet targets through programs supporting wind and solar power without hurting profits.
The document discusses renewable energy markets in Europe and the United States, noting that both regions have large compliance markets driven by renewable portfolio standards as well as smaller voluntary markets, and provides an overview of the developing renewable energy certificate market in India including trading volumes and registered capacity by state.
Over the years, renewable energy has grown steadily in India but further growth requires major improvements to distribution capabilities. While generation capacity has increased, demand has grown faster, highlighting the need for renewable energy to bridge the gap. However, for renewable energy to provide benefits, an efficient distribution system is needed. A key issue is the poor financial condition of utilities due to delays in tariff hikes to cover actual costs, limiting their ability to manage increasing renewable energy on the grid. Bailouts provide only temporary relief and reforms are needed for long-term viability, including a calibrated increase in tariffs to ensure efficiency.
Hospital waste presents serious health and environmental hazards if not properly managed. It includes infectious biological waste that can spread diseases. Hospitals must strictly segregate waste into hazardous and non-hazardous categories using designated color-coded containers. Waste must be collected, stored no more than 24 hours at room temperature, and disposed of according to regulations to prevent the transmission of infections and protect public health. Proper training, safety precautions, and worker vaccination are also essential for safely handling hospital waste.
The REC market in India has gotten off to a good start with monthly trading sessions. The number of market participants and buy bids have increased substantially over the last few months on both exchanges. Some states like Tamil Nadu and Karnataka are meeting their renewable purchase obligations while others like Kerala, Madhya Pradesh, and Orissa have further to go. There are currently over 150 renewable energy projects registered in the REC program, totaling nearly 1,000 MW of installed capacity with wind and biomass being the most common technologies.
1) REC prices reached all-time highs in October, with prices reaching Rs. 3000/REC at PXIL and Rs. 2700/REC at IEX. Traded volumes more than doubled from last month.
2) Over 172 MW of renewable energy capacity was registered in October and another 281 MW was accredited. Total registered capacity for the year reached 1085 MW while accredited capacity reached 1416 MW.
3) The REC market surprised expectations by continuing its strong performance in October. Higher prices are beneficial for renewable energy project developers and the market seems set for more dynamic activity in the coming months.
1) REC markets maintained strong volumes and prices in December, with the clearing price reaching Rs. 2,950 per REC, a historical high. Trade volumes on IEX reached a record high as well.
2) Over 1,870 MW of renewable energy capacity has been registered for the year to date, with over 2,107 MW being accredited. Uttar Pradesh leads in total registered and accredited capacity.
3) The UNFCCC COP17 in Durban concluded with agreements to extend the Kyoto Protocol and work on a new global climate agreement, but carbon market prices remain uncertain due to political and economic factors.
REC prices in India reached their highest level for the fiscal year at Rs. 3,051 per REC as demand continued to outstrip supply. Trading volumes and values increased significantly in January compared to the previous month. While some new renewable energy projects were registered and accredited last month, the numbers were down about half from December and restricted supply is expected to cause REC prices to continue rising. Power sector reforms are aimed at achieving major capacity additions over the next five years but face substantial challenges.
1) REC trading volumes increased in February despite lower buy bids, with the clearing price rising to Rs. 3066 per REC.
2) Overall trade value increased 20% to Rs. 63 crores as volumes at IEX rose 15% and at PXIL jumped 250% to their highest level.
3) New capacity registered in February was 89 MW while another 84 MW was accredited, bringing year-to-date totals to 1,979 MW and 2,164 MW respectively.
Agneya Carbon Ventures has undertaken various projects in renewable energy development, carbon management and sustainability consulting. Some of the key projects included preparing detailed project reports and feasibility studies for wind and solar energy projects, assisting clients in renewable energy policy regulations, providing renewable energy certificate services, addressing renewable purchase obligations, developing carbon accounting and management systems, and sustainability reporting. The outcomes have helped clients maximize returns on renewable investments, comply with regulations, and measure and reduce their carbon footprints.
The document introduces Agneya, a consulting firm founded by IIM alumni with experience across diverse industries. It summarizes Agneya's services across carbon management, energy management, renewable energy, regulatory issues, water management, and sustainability. Agneya's core team and advisors have relevant expertise and experience. Services include carbon accounting, energy auditing, renewable energy project development, regulatory compliance, sustainability strategy, and benchmarking. Agneya aims to provide solutions using its team's passion, abilities, knowledge, and networks.
The REC market in India has gotten off to a good start with monthly trading sessions. The number of market participants and buy bids have increased substantially over the last few months on both exchanges. Several states have increased their renewable purchase obligations but performance is mixed, with some states like Karnataka exceeding targets while others have far to go. Over 150 renewable energy projects have registered to participate in REC trading, with wind being the dominant technology currently. The REC mechanism is gaining acceptance across many states and project registration is expected to grow significantly.
1) REC prices reached all-time highs in October, with prices reaching Rs. 3,000/REC at PXIL for the first time and Rs. 2,700/REC at IEX.
2) A total of 172 MW of renewable energy capacity was registered and 281 MW was accredited in October. Year-to-date registration reached 1085 MW while accreditation reached 1416 MW.
3) The REC market has shown strong growth in October despite expectations of a decline in the second half of the year, indicating a growing belief in the market's fundamentals. Prices are now midway between the floor and forbearance prices.
Green buildings are becoming more popular due to their financial and environmental benefits. The document discusses how climate change, energy insecurity, and water scarcity pose growing risks for India's real estate sector. Green building investments can minimize these risks while achieving positive returns within 3 years. Several green buildings in India have demonstrated utility cost savings and payback periods of only 3-7 years. The market for green buildings in India is growing and represents the future of commercial development in the country.
The document contains a bar chart showing the number of ratings for a company in categories from 1 to 5 over the years 2007 to 2009. It also contains repeated text about Agneya Carbon Ventures being a sustainability consulting firm and contact details.
ISO 14064 provides specifications for quantifying and reporting greenhouse gas emissions at the organizational level. Adopting ISO 14064 helps organizations prepare for future regulations on emissions, assess climate change risks and opportunities, meet investor expectations, enhance shareholder value, incorporate emissions data in non-financial reporting, identify cost savings, and potentially qualify for carbon offset projects. Agneya Carbon Ventures offers services to help clients implement ISO 14064, including conducting an emissions inventory, developing an abatement strategy, and preparing for certification.
Climate change poses a global threat, and reducing emissions from buildings is key given they account for around 40% of global energy use and 30% of greenhouse gas emissions. In India, the construction industry is growing rapidly and could see a 70% increase in commercial building space by 2030. Implementing green building standards and the Energy Conservation Building Code could reduce energy consumption in new commercial buildings by 25-40% and in existing buildings by around 25%, providing a cost-effective way to cut emissions.
India has committed to reducing its emissions intensity by 20-25% below 2005 levels by 2020 through reducing emissions from energy use and increasing forestry measures. Key areas of investment opportunities in India include renewable energy such as wind and solar, energy efficiency, forestry projects, and CDM projects that provide carbon offsets. India has also introduced a clean energy tax on coal to fund emissions reduction programs and established regulatory frameworks around renewable energy goals and trading schemes.
Reducing Emissions from Deforestation and Forest Degradation (REDD) aims to create financial value for the carbon stored in forests to provide incentives for developing countries to reduce emissions from deforested lands and invest in low-carbon development. Deforestation and forest degradation account for nearly 20% of global greenhouse gas emissions. REDD+ includes conservation, sustainable forest management, and increasing forest carbon stocks in addition to reducing deforestation and degradation. Forests play a vital role in combating climate change by absorbing carbon dioxide through photosynthesis but releasing it when they decay or burn.
The document introduces carbon accounting services for companies. It discusses product carbon accounting which measures emissions associated with individual products. Corporate carbon accounting measures a company's total emissions. Value chain carbon accounting accounts for emissions across a company's entire supply chain. The document also discusses carbon mitigation and neutralization targets to reduce or offset emissions. Implementing carbon accounting helps companies improve their environmental impact and engagement with stakeholders.
The document discusses the Clean Development Mechanism (CDM) and its application to forestry projects under afforestation and reforestation (A/R). There are currently 17 registered A/R CDM projects worldwide that can generate over 1 million carbon credits until 2020. India has 3 registered A/R CDM projects that can generate over 12 million credits. India has significant potential for more A/R CDM projects due to large areas of degraded lands that could be reforested, providing carbon sequestration as well as livelihood and environmental benefits.
Ford is working to reduce greenhouse gas emissions from its supply chain. It plans to survey its top 35 suppliers on their energy use and emissions, representing $20 billion in procurement. This will help Ford understand its supply chain carbon footprint and create a carbon management approach. Ford aims to reduce its overall emissions by 30% by 2020 in response to pressure from investors. By collaborating with suppliers on efficiency, Ford hopes to put pressure on low performers and gain cost reductions as suppliers improve operations.
The document discusses reducing carbon footprints and climate change. It begins with an introduction of Agneya Carbon Ventures and defines carbon footprint. It then discusses regulations around reducing carbon emissions in different countries and regions. It outlines both risks and opportunities for companies in reducing their carbon footprint. Specifically, it examines the carbon footprint of the textile sector in India and strategies textile companies can adopt across their supply chain to lower emissions, including farming practices, manufacturing processes, packaging, transportation, and consumer use. It provides an example of a company that launched an "Apparel to combat climate change" line using carbon reduction labeling.
This document discusses carbon accounting and mitigation strategies. It outlines three types of carbon accounting: product carbon accounting which measures emissions associated with specific products; corporate carbon accounting which measures a company's total emissions; and value chain carbon accounting which measures emissions across a company's entire value chain. It also discusses setting carbon reduction or neutrality targets and examples of public commitments companies have made. Carbon accounting helps companies understand and reduce their greenhouse gas footprints.
The REC market in India has gotten off to a good start with monthly trading sessions. The number of market participants and buy bids have increased substantially over the last few months on both exchanges. Some states like Tamil Nadu and Karnataka are meeting their renewable purchase obligations while others like Kerala, Madhya Pradesh, and Orissa have further to go. There are currently over 150 renewable energy projects registered in the REC program, totaling nearly 1,000 MW of installed capacity with wind and biomass being the most common technologies.
1) REC prices reached all-time highs in October, with prices reaching Rs. 3000/REC at PXIL and Rs. 2700/REC at IEX. Traded volumes more than doubled from last month.
2) Over 172 MW of renewable energy capacity was registered in October and another 281 MW was accredited. Total registered capacity for the year reached 1085 MW while accredited capacity reached 1416 MW.
3) The REC market surprised expectations by continuing its strong performance in October. Higher prices are beneficial for renewable energy project developers and the market seems set for more dynamic activity in the coming months.
1) REC markets maintained strong volumes and prices in December, with the clearing price reaching Rs. 2,950 per REC, a historical high. Trade volumes on IEX reached a record high as well.
2) Over 1,870 MW of renewable energy capacity has been registered for the year to date, with over 2,107 MW being accredited. Uttar Pradesh leads in total registered and accredited capacity.
3) The UNFCCC COP17 in Durban concluded with agreements to extend the Kyoto Protocol and work on a new global climate agreement, but carbon market prices remain uncertain due to political and economic factors.
REC prices in India reached their highest level for the fiscal year at Rs. 3,051 per REC as demand continued to outstrip supply. Trading volumes and values increased significantly in January compared to the previous month. While some new renewable energy projects were registered and accredited last month, the numbers were down about half from December and restricted supply is expected to cause REC prices to continue rising. Power sector reforms are aimed at achieving major capacity additions over the next five years but face substantial challenges.
1) REC trading volumes increased in February despite lower buy bids, with the clearing price rising to Rs. 3066 per REC.
2) Overall trade value increased 20% to Rs. 63 crores as volumes at IEX rose 15% and at PXIL jumped 250% to their highest level.
3) New capacity registered in February was 89 MW while another 84 MW was accredited, bringing year-to-date totals to 1,979 MW and 2,164 MW respectively.
Agneya Carbon Ventures has undertaken various projects in renewable energy development, carbon management and sustainability consulting. Some of the key projects included preparing detailed project reports and feasibility studies for wind and solar energy projects, assisting clients in renewable energy policy regulations, providing renewable energy certificate services, addressing renewable purchase obligations, developing carbon accounting and management systems, and sustainability reporting. The outcomes have helped clients maximize returns on renewable investments, comply with regulations, and measure and reduce their carbon footprints.
The document introduces Agneya, a consulting firm founded by IIM alumni with experience across diverse industries. It summarizes Agneya's services across carbon management, energy management, renewable energy, regulatory issues, water management, and sustainability. Agneya's core team and advisors have relevant expertise and experience. Services include carbon accounting, energy auditing, renewable energy project development, regulatory compliance, sustainability strategy, and benchmarking. Agneya aims to provide solutions using its team's passion, abilities, knowledge, and networks.
The REC market in India has gotten off to a good start with monthly trading sessions. The number of market participants and buy bids have increased substantially over the last few months on both exchanges. Several states have increased their renewable purchase obligations but performance is mixed, with some states like Karnataka exceeding targets while others have far to go. Over 150 renewable energy projects have registered to participate in REC trading, with wind being the dominant technology currently. The REC mechanism is gaining acceptance across many states and project registration is expected to grow significantly.
1) REC prices reached all-time highs in October, with prices reaching Rs. 3,000/REC at PXIL for the first time and Rs. 2,700/REC at IEX.
2) A total of 172 MW of renewable energy capacity was registered and 281 MW was accredited in October. Year-to-date registration reached 1085 MW while accreditation reached 1416 MW.
3) The REC market has shown strong growth in October despite expectations of a decline in the second half of the year, indicating a growing belief in the market's fundamentals. Prices are now midway between the floor and forbearance prices.
Green buildings are becoming more popular due to their financial and environmental benefits. The document discusses how climate change, energy insecurity, and water scarcity pose growing risks for India's real estate sector. Green building investments can minimize these risks while achieving positive returns within 3 years. Several green buildings in India have demonstrated utility cost savings and payback periods of only 3-7 years. The market for green buildings in India is growing and represents the future of commercial development in the country.
The document contains a bar chart showing the number of ratings for a company in categories from 1 to 5 over the years 2007 to 2009. It also contains repeated text about Agneya Carbon Ventures being a sustainability consulting firm and contact details.
ISO 14064 provides specifications for quantifying and reporting greenhouse gas emissions at the organizational level. Adopting ISO 14064 helps organizations prepare for future regulations on emissions, assess climate change risks and opportunities, meet investor expectations, enhance shareholder value, incorporate emissions data in non-financial reporting, identify cost savings, and potentially qualify for carbon offset projects. Agneya Carbon Ventures offers services to help clients implement ISO 14064, including conducting an emissions inventory, developing an abatement strategy, and preparing for certification.
Climate change poses a global threat, and reducing emissions from buildings is key given they account for around 40% of global energy use and 30% of greenhouse gas emissions. In India, the construction industry is growing rapidly and could see a 70% increase in commercial building space by 2030. Implementing green building standards and the Energy Conservation Building Code could reduce energy consumption in new commercial buildings by 25-40% and in existing buildings by around 25%, providing a cost-effective way to cut emissions.
India has committed to reducing its emissions intensity by 20-25% below 2005 levels by 2020 through reducing emissions from energy use and increasing forestry measures. Key areas of investment opportunities in India include renewable energy such as wind and solar, energy efficiency, forestry projects, and CDM projects that provide carbon offsets. India has also introduced a clean energy tax on coal to fund emissions reduction programs and established regulatory frameworks around renewable energy goals and trading schemes.
Reducing Emissions from Deforestation and Forest Degradation (REDD) aims to create financial value for the carbon stored in forests to provide incentives for developing countries to reduce emissions from deforested lands and invest in low-carbon development. Deforestation and forest degradation account for nearly 20% of global greenhouse gas emissions. REDD+ includes conservation, sustainable forest management, and increasing forest carbon stocks in addition to reducing deforestation and degradation. Forests play a vital role in combating climate change by absorbing carbon dioxide through photosynthesis but releasing it when they decay or burn.
The document introduces carbon accounting services for companies. It discusses product carbon accounting which measures emissions associated with individual products. Corporate carbon accounting measures a company's total emissions. Value chain carbon accounting accounts for emissions across a company's entire supply chain. The document also discusses carbon mitigation and neutralization targets to reduce or offset emissions. Implementing carbon accounting helps companies improve their environmental impact and engagement with stakeholders.
The document discusses the Clean Development Mechanism (CDM) and its application to forestry projects under afforestation and reforestation (A/R). There are currently 17 registered A/R CDM projects worldwide that can generate over 1 million carbon credits until 2020. India has 3 registered A/R CDM projects that can generate over 12 million credits. India has significant potential for more A/R CDM projects due to large areas of degraded lands that could be reforested, providing carbon sequestration as well as livelihood and environmental benefits.
Ford is working to reduce greenhouse gas emissions from its supply chain. It plans to survey its top 35 suppliers on their energy use and emissions, representing $20 billion in procurement. This will help Ford understand its supply chain carbon footprint and create a carbon management approach. Ford aims to reduce its overall emissions by 30% by 2020 in response to pressure from investors. By collaborating with suppliers on efficiency, Ford hopes to put pressure on low performers and gain cost reductions as suppliers improve operations.
The document discusses reducing carbon footprints and climate change. It begins with an introduction of Agneya Carbon Ventures and defines carbon footprint. It then discusses regulations around reducing carbon emissions in different countries and regions. It outlines both risks and opportunities for companies in reducing their carbon footprint. Specifically, it examines the carbon footprint of the textile sector in India and strategies textile companies can adopt across their supply chain to lower emissions, including farming practices, manufacturing processes, packaging, transportation, and consumer use. It provides an example of a company that launched an "Apparel to combat climate change" line using carbon reduction labeling.
This document discusses carbon accounting and mitigation strategies. It outlines three types of carbon accounting: product carbon accounting which measures emissions associated with specific products; corporate carbon accounting which measures a company's total emissions; and value chain carbon accounting which measures emissions across a company's entire value chain. It also discusses setting carbon reduction or neutrality targets and examples of public commitments companies have made. Carbon accounting helps companies understand and reduce their greenhouse gas footprints.
More from Agneya Carbon Ventures Private Limited (20)
1. Insights series Sustainability - Worldwide
Sustainability in Government Procurement Sector
Overview
One of the effects of the financial slowdown is that the governments as a procurer of large scale of
goods and services are noticed more and seen a long-lasting source of business and income.
Government spendings have always been significant – just that there is now a renewed focus on
government as a buyer of goods and services. The governments worldwide, at least in the developed
countries are trying to transform sustainable ideals into concrete laws, policies and strategies. With
this background, the PPPs (Public Private Partnerships) will gain a competitive edge for bidding and
winning by offering something more than just meeting minimum sustainability requirements.
Europe
Europe will soon have thorough legislative requirements for sustainability that will raise the bar on
sustainability requirements for major PPPs. The European Commission's 2008 voluntary instrument,
Green Public Procurement (GPP), targets having clear and ambitious environmental criteria for
procurement of products and services across the EU member states.
Since correct nomenclature and boundary setting is essential, the European Commission
distinguishes:
Green public procurement as being where public authorities seek to procure goods and services with
the aim of reducing environmental impact through the life-cycle of the goods or services; and
Sustainable public procurement as being where public authorities seek to achieve the appropriate
balance between the three pillars of sustainable development - economic, social and environmental
- when procuring goods, services or works at all stages of a project.
The GPP recommends setting common environmental criteria for the whole European community.
Once such common environmental criteria are adopted, they are likely to have a follow-on effect in
environmental requirements around the world. As providers in Europe are required to meet these
standards when tendering for government projects, other government bodies around the world are
likely to be influenced to adopt similar standards and the private sector is likely to be driven to
develop greener technologies and products.
2. Insights series Sustainability - Worldwide
Formulate minimum technical specifications for such a policy is a complex and elaborate task.
Difficulties include insufficient information on lifecycle costs of products, poor awareness of the
benefits of environmentally friendly products and services and a lack of political support.
The objectives of the program, however, are not unachievable and provide some guidance for both
those who set tenders and those who tender for PPPs when considering minimum environmental
requirements.
Changes in the UK
UK shows an increasing emphasis on sustainable public procurement and the incorporation of
environmental and sustainability criteria in PPPs. In the 2008 publication, "Strategy for Sustainable
Construction", the UK Government clarified its aim to procure more sustainable properties and
infrastructure, achieve greater use of design quality assessment tools to ensure that buildings,
infrastructure and public spaces are fit for purpose, resource efficient, sustainable and resilient, as
well as utilise the construction industry's capacity to innovate and increase the sustainability of both
the construction processes and the resultant assets.
Recent changes that are noticeably shaping tender requirements in the UK include:
1. changes to what is required of public bodies and the buildings that house them;
2. bespoke accreditation processes (such as BREEAM) which are tied to Kyoto protocol-related
legislation (similar to Australia's Green Star and NABERS rating systems);
3. revised building regulations requiring new buildings to meet minimum sustainability
requirements; and
4. guidance from Treasury to public bodies on how to negotiate changes in service agreements to
enable existing PPP projects to meet rolling legislative demands around climate change.
3. Insights series Sustainability - Worldwide
New South Wales (Australia)
In September 2010, the NSW Government recently updated its Guidelines for Economic Appraisal –
under which the economic appraisals of new public infrastructure by Government agencies should
now explicitly include an evaluation of climate change. Climate change considerations in such
economic appraisals would include the estimated benefits (expressed as damages avoided)
compared with the cost of asset adaptation for new and existing assets, where adaptation refers to
adjustments in response to actual or anticipated climate changes or their effects. The new guidelines
emphasise that climate change uncertainty should be explicitly acknowledged and built into
decision-making processes in connection with the procurement of new infrastructure. Tenderers can
expect that their bids will also need to specifically consider climate change.
In some of the upcoming developments, PPP bids are also likely to be required to address social and
environmental considerations more fully in project objectives at the commencement of PPP
contracts and reflect these considerations in project specifications and monitoring of outcomes.
Various government agencies have started taking sustainability targets for themselves. For example -
the Transport Construction Authority (formerly TIDC) in already in the process of setting short,
medium and long term sustainability targets. One of TCA's long term targets is to ensure that the
cost-benefit analysis process used at the project feasibility stage considers whole-of-life costs and
makes adequate provision for community benefit and sustainability ("Sustainability Targets"
publication (2009)). These are now likely to pass on to the bidders targeting business from these
agencies.
Only costs?
Sustainability requirements are forming a greater part of tendering, not only as a reaction to
legislative and policy changes, but also as a reaction to the environment around us. Real project risks
relating to the environment, for example, climate (extended and unpredictable dry and wet periods)
and weather (severe storms, flooding) and the market (carbon trading, rise and fall of costs of
natural resources) are transforming because of the changing nature of the planet. These risks are
now being considered during the bid phase in greater depth - public bodies are requiring more
definition and risk allocation on such risks that were previously simply "acts of God" or "changes in
law". The private sector will need to consider how to address these risks.
4. Insights series Sustainability - Worldwide
Holistically, since construction industry depends on both numerous natural resources and the built
environment itself to support it, building sustainable projects, not only will the environment benefit
but also the construction industry itself.
These significant changes to legislation, policies and strategies are strong indicators of the change in
direction of the public sector to build more sustainable projects. The follow-on effect will be that
those in the private sector tendering to build these projects will need to meet these ever-increasing
requirements. Gearing up for these changes will definitely allow companies to respond to more and
more stringent guidelines that may come up soon. It will therefore be a strategic more of the
company to invest in preparing itself for such processes.
Linking to profitability
Until tougher sustainability requirements become minimum requirements in tendering
documentation and/or legislation, bidders need only comply with what is set as the minimum.
However, to stand out from other bidders, investing in sustainable options analysis could generate
good returns in the long run.
Some of the approaches could be using alternative costing approaches in line with the identified
sustainable targets such as
climate change
waste minimisation
use of materials from sustainable resources
energy and water use
integrated supply methods, or
a project carbon footprint.
These alternatives could give a bidder an advantage where the tender prescribes minimum or "nice
to have" sustainability requirements. Even if such alternatives are not put to use first time around,
the investment in sustainable thinking now will reap disproportionate rewards in the long term.
5. Insights series Sustainability - Worldwide
Summary
Change towards building more sustainable projects is well underway with government agencies
already beginning to include their own tough sustainability requirements in tenders. However, these
demands are only in their infancy. The private sector will be well served by anticipating where the
sustainability market is heading and being innovative with green ideas when bidding for PPPs. The
leading edge is no longer just about the best technology, best skills, best experience or best price but
also about what's best for a sustainable future.
About us
Agneya Carbon Ventures came into existence with the purpose of “To help our clients in
understanding, establishing sound Environment Management Systems, and pursuing sustainable
business solutions through our various services to abate direct and indirect impact on ecological
balance.”
We have expertise in the areas of carbon accounting and management, energy management
systems, voluntary/compliance carbon markets, environment management and sustainability and
carbon branding.
We have worked with companies across Private, Government and non-Government sectors enabling
them to create carbon accounting, monitoring and reporting systems.
We have undergone training in the area of sustainability reporting in the GRI framework of reporting
sustainability.
To know more about us, please visit http://www.agenya.in
To schedule a meeting or a discussion with us, do reach us on
Kedar - +91-9665407848 – kedar@agneya.in
Indrajeet - +91-9028788430 – indrajeet@agneya.in
References
http://www.lexology.com/library/document.ashx?g=affb6adb-b210-4899-9551-
4941217ac831#page=1