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Article name & author

Are You Climate Ready?

Author: E2 Management Corporation, Catalyst for The Collaboration

Industry Group: All Industry Groups, Automobiles and Components, Electric Utilities, Energy, Metals and Mining

Framework / Standard - 2021
This initiative is a systems approach, which starts with AYCR1, a mechanism to address the personal mental and physical climate readiness of employees of an organization. It was designed based on cognitive science and gamification techniques to promote behaviour change. The output of which is intended to enable positive spillover into an organization.

AYCR2 addresses the value of a robust, credible, and reliable Environmental Management System (EMS), which is anchored in the international standard, ISO 14001. The objective evidence from the EMS enables the organization to respond to granular questions formed from the 11 recommended disclosures from the TCFD under their fours themed headings, as well as other insight that focused on the importance of Board involvement. The intent is to help organizations better manage their activities, products and services to reduce or sequester any environmental issue, while focusing the reporting on climate related risks against the TCFD. It is not essential for an organization to have adopted or certified to ISO 14001, although this international standard serves as the de facto framework, that is already used by thousands of organizations worldwide. ISO 14001 also serves as the EMS base for Responsible Care™ and the EU’s EMAS regulation.

AYCR3 takes into account the business and environmental objectives established through the EMS, including the risks and opportunities, to align with the organization’s commitment to the relevant Sustainable Development Goals (SDGs) at the target level. It then connects this information to the over 80 different solutions to reduce or sequester carbon as identified by Project Drawdown. AYCR3 enables practical outcomes to accelerate climate action, with  the ability to establish project level budgeting.

AYCR4 receives data from participating organizations, anonymizes and aggregates the data to look for patterns and trends. Weaknesses are identified. If other tools or techniques are needed, these are addressed by first searching for an existing solution option to share with organizations. The second tier is to find a collaborator to help develop a tool or technique to address the organizational weakness(es). The third tier option is to solicit funding to create the tool. The time value to address the system weakness is a critical consideration.

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