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    60% of Philippine firms ready for climate change impact – survey

    Initial results of a comprehensive survey from London-based professional services firm PricewaterhouseCoopers (PwC) show that more or less two-thirds of Philippine business companies have reported being 'somewhat' ready for the general impact of climate change to their respective properties and operations.

    This despite the lack of a 'formal management-approved' plan or strategy on climate change for 64 percent of the survey respondents, with nine out of 10 of these 64-percent majority having 'informal plans' anyway, according to data made available during the Business Climate Action Summit in Makati City on March 29.

    A partial tally of the poll revealed details as of March 23, while results of the online-based survey were set to be concluded on March 31, according to PwC Financial Advisors Inc. in a plenary presentation in Makati City.

    Dan Hamza-Goodacre, climate change and sustainability advisor of PwC Financial Advisors Inc., disclosed that of the 36 percent with a formal approved plan or strategy on climate change, a quarter of these Philippine companies called for adaptation, less than a quarter for mitigation, and more than half called for both.

    According to Goodacre, adaptation measures on climate change include groundwater or rainwater harvesting or desalination, urban greening, flood and assistance shelters, water efficiency, and shoreline defense.

    Meanwhile, mitigation measures on climate change include energy efficiency, solid waste management and recycling, tree planting and watershed protection, building services and behavioral change, and low carbon energy purchase and installation, Goodacre said.

    More than 90 organizations from the corporate sector, the non-profit community, and the government participated in the climate change summit organized by the Philippine Business for the Environment (PBE), in partnership with PwC, Honda, Shell, Holcim, and the Lopez group of companies.

    Participants were grouped various into various clusters such as sustainable agriculture and energy efficiency, sustainable cities, and solid waste management, including the corporate-led Philippine Business for Social Progress (PBSP).

    Welcoming the guests during the climate change summit was PBE president and PBSP trustee Ed Chua of Shell Philippines.

    Moreover, around 67 percent of survey respondents from the local business community have revealed that their respective companies consider climate change as having a great extent of impact to their respective organizations, Goodacre said.

    He said around 58 percent of Philippine companies are 'somewhat prepared to manage climate change impact,' 22 percent 'neither prepared nor unprepared,' 18 percent 'very prepared,' and 2 percent 'somewhat unprepared.'

    Overall, 89 percent of the survey respondents said their respective organizations consider the longer term impacts of climate change in their strategic plans and investment decisions, Goodacre added.

    They said climate change would impact the economies and markets (38%), change consumer behavior (24%), damage physical assets and infrastructure (16%), challenge obtaining of resources or supply (11%), affect both workforce location and availability (4%) and administration of health hazards (4%), and induce changes in human and cultural environments, like migration (3%).

    The survey respondents were composed of corporations (87 percent), sole proprietorships and partnerships (4 percent each), and others (5 percent).

    The PwC poll reportedly aims to identify strategies and actions that private sector organizations undertake on climate change, analyze current perceptions of climate change risks and opportunities, identify the level of engagement between private and public sectors, and stimulate and scale up private sector action on adaptation and mitigation.

    "Majority of the respondents were very concerned, thinking long-term and increasing short-term investments but are only somewhat prepared," Goodacre said.

    Barriers to action include high costs and the lack of proper policy or regulation, both consistent with the views in other global surveys on climate change impacts, Goodacre added. He said climate change stakeholders want more cooperation with government, with the latter needing a clearer plan and enforcing it.

    During the summit, Goodacre revealed a global Low Carbon Economy Index showing few countries are reducing their carbon intensity as many nations are even increasing.

    Brazil, he said, is an exception with its reduced carbon intensity of 5.4 percent in 2009 compared to 2008, amid high economic growth and strong renewables.

    Further, he cited a Carbon Disclosure Project 2010 where it identified companies taking active steps towards low-carbon economy. This, he said, included the so-called Global 500 comprising of 82 percent of the responses and representing 11 percent of global carbon emissions.

    Almost half of global companies surveyed (48 percent) have embedded climate change and carbon management into group business strategy and reduction targets, while a little over a quarter (28 percent) have reported developing products and services that were enabling customers to cut carbon emissions, Goodacre said.

    Based on a Carbon Disclosure Leadership Index and a Carbon Performance Leadership Index, PwC cited corporate 'leaders' including German industrial firms Siemens and Deutsche Post, health care Bayer, electronics companies Samsung and Phillips, financial groups National Australian Bank and Royal Bank of Scotland Group, and materials-based firms BASF, Le Farge, and Praxair.

    The PwC presentation cited as carbon disclosure and performance 'laggards' as Berkshire Hathaway, the diversified conglomerate of Forbes third richest Warren Buffet, as well as Bank of China, energy firms Rosneft of Russia and Reliance Industries of India, and Amazon.com, the American online retailer of books, movies, and other entertainment goods.

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    21 comments

    • BE YOURSELF  •  1 year 1 month ago
      hahahaha you all make me laugh pinoy dont care still burning anything in the open air ,car with a lot black smoke rubbish all over the place burning plastic all day irresponsible?
    • paulphoenix  •  1 year 1 month ago
      Planting trees would do little to stop the climate change we are experiencing, that was the solution that nature took to make this planet livable for all living things that thrive now...but it took nature billion of years to accomplish this ...unless we totally stop using fossil fuel in year 2050 we shall start seeing the consequences of our doings......it would be a long term GLOBAL monumental effort to stop the increase in our planet's temperature...and for those who don't believe in this its about time to see everything that's happening around you....look around you...read the news papers, watch the news on tv...haven't you observed..?...
      • Edong 1 year 1 month ago
        climate has always been changing since the earth was born miliions of years ago. what makes you think that we could stop that? there wasn't even people back then using fossil fuel. even if we completely stop everything we do today, climate still is going to change, that's just how nature works. people will adapt to changing climate, that's why there's people living in places as hot as saudi arabia and as cold as siberia. climate change is just another excuse for governments to tax people even more. a lot of people in some parts of europe are what they call now as "ener---- poor" because they cannot afford to heat up their homes due to govt taxing so much the gas they use for heating. so what they do now is start burning wood again just like the old days. so now, if you want to live like 100 yrs ago, then i suggest you start giving up all conveniences of modern living u have right now and see if you like it, coz these technological adavances are mostly products of the EVIL fossil fuel.as an added note, people who advocated all these changes like AL GORE AND DAVID SUZUKI are the same people who use the most of these bad fossil fuel.
    • Daniel Escurel Occeno  •  1 year 1 month ago
      An all electric vehicle society would reduce carbon emissions from automobiles to zero, but I can wait when Saudi Arabia tells the United States they can no longer supply the daily consumption of the American economy.
      • Clear Eyes 1 year 1 month ago
        good thing we don't have oil wells
    • bonamite  •  1 year 1 month ago
      @Robert H - so true! Just when people are beginning to realize that this age of crazed production and reproduction is played out like a script to maintain domination, we encounter this so-called problem of ecological destruction and scarcity (which is still part of the script).

      Don't you see the glaring irony in the news article above? Companies heavily involved in the survey are some of the world's biggest consumers of "nature's gifts" to mankind - shell (one of the global oil cartels) and honda (a representative of big car manufacturers) - industries that cannot do without the other.

      Hence, instead of discovering for ourselves if their is another (fairer, and may i add, cleaner) way of running the world, we hold on to their so-called corporate benevolence, in effect, domination is maintained.
      • Mardel 1 year 1 month ago
        korek pare. why not design machines or engines fueled with water even initial starts with fossil fuel when running switch to water, it will helps a lot. I believed shell and other oil companies don't want to participate in that design to be. feel sorry to mankind
    • united dude's  •  1 year 1 month ago
      ready for climate change impact my @ss!!!!
      mga ulol !!!!
    • Zardoz  •  1 year 1 month ago
      mga ulol.............waaaaaaaaaaaaaaaa........... Climate Change??????????
      • Ringo 1 year 1 month ago
        your idiot and dont even understand what is climate change..people like u 4ver idiot..
      • Seafarers 1 year 1 month ago
        hndi ksi nkakaintndi, wlang alam sa mundo. patulog-tulog lng sa pansitan.. he's one of the useless people living on earth. hehehe
      • r 1 year 1 month ago
        uulol lalo k. Sna ikaw nlang ma climate change mag1 m! hahaha ness....
    • John anthony Arrieta  •  1 year 1 month ago
      Everything is possible with the help of god .....
    • ma. cristina a  •  1 year 1 month ago
      sana lahat ng mamamayang pilipino ay maging aware, alagaan ang kalikasan
    • Robert H  •  1 year 1 month ago
      It's so funny. There is no climate change - I am surprised people are still talking about this. This climate change hysteria has done one thing - made Al Gore a rich man!
    • Elmer  •  1 year 1 month ago
      Climate Change is real, architects have solutions

      How can we begin to understand the impacts of climate change in our daily lives?
      And once our awareness is awakened, how do we engage ourselves in an improved relationship with the earth?

      These are big questions that people around the globe are asking. Architects are confronting the fact the buildings are the largest single contributor to production of greenhouse gases 50% almost half of the total annual production. They are renewing their commitment to the importance of good design, that is, DESIGN THAT EFFECTIVELY RESPONDS TO THE NEEDS OF BOTH NATURAL AND HUMAN SYSTEMS. Individual structures, clusters of buildings, small towns, and large cities are all involved in MAKING A MORE SUSTAINABLE BUILT-ENVIRONMENT.

      How do we get to carbon neutrality from buildings?

      It is certainly possible to PRODUCE SELF-SUSTAINING BUILDINGS. While there are already some good pathways that demonstrate how, there is also significant unmapped territory.

      1). Raising public awareness,
      2). understanding the science in the solutions, and
      3). empowering people to try new technologies requires leadership and innovation.

      Design,
      Incorporates a variety of tools for architects, design professionals and for anyone who wants specific ideas about constructing buildings that are more environmentally responsive. One exciting tool in this is called

      "50 to 50 Organized around Frank Lloyd Wrightâ™s Tree of Life image, it suggests "50 green principles that can lead to 50% reduction of carbon emission"

      Community
      The third focuses on Community. With ener---- conservation and human health and wellbeing at its core, this offers ideas about high-quality, diverse, mixed-use communities that use "GREEN" PRINCIPLES" to foster a sense of place. Included are suggestions about

      a). compact development,
      b). wise use of infrastructure and
      c). community resources, walkable environments, and
      d). open space preservation.

      There are links to projects and programs that individuals and communities have developed to engage their communities in the CARBON REDUCTION CHALLENGE.

      There are demonstrations of HOW TO MAINTAIN AND OPERATE BUILDING IN SUSTAINABLE WAY, and there are suggestions on HOW CONSUMERS CAN MAKE GREEN CHOICES IN PLANNING MEETING and CONFERENCES.

      Good design is inquisitive and considers many potential solutions.
    • MikeY  •  1 year 1 month ago
      in reality, the above said survey was done on the large industry companies of the country or which 60% have resulted positive on th cc action. philippine business should catch up because the total of these large industry companies comprise less than 50% of the total businesses here. actually, most of our working population also are employed by the smes (small & medium scale enterprise).

      its encouraging for big business to do this, though still more than a third of them are unsure or maybe towards the planning stage of implementing cc action on their jobs & eventually their overall operations. since big business also can easily afford applying cc measures, since they also are the ones registering & upgrading for isos (surely theyve had a part in sponsoring this pwc survey) almost regularly when operationally able, this cc compliance is strategically expected of them like second nature - unless they dont want their operations to survive the effects of cc & gw.

      something that the large industry companies could do aside from keeping the savings, sum up tax benefits, or seeking cdm / carbon credits for their cc eforts is pool up funding so that smes can (at least selectively) comply or at least pursue cc measures for them to survive - seeing that if they do go down in the long run, most of the workforce will go down with the sme sector.

      although a new "enercon-type" bill is in the works also, it is now very essential to maximize our resources, reduce & reuse our wastes, and change our thinking towards what our next generations will have left in the world.
    • Monkeypunch  •  1 year 1 month ago
      hopefully we could transition to a resource based economy soon.... waiting for the Venus Project...
    • Vince  •  1 year 1 month ago
      weeeh di nga,,,, anyway thats good to hear from them isinama na nila ang climate change sa daily operation nila ^_^
    • Randy  •  1 year 1 month ago
      There is no Man made climate change.
    • Ben V  •  1 year 1 month ago
      I am not a forecaster to announce these stern warning, but realities do need to be feared that extreme events which can be traced to climate change will have increasingly grave consequences in the future. This means that we must reckon with new types of weather risks and greater loss potentials. . . . In accordance with the precautionary principle, we would be well-advised to prepare ourselves for dramatic changes.
      In regard to weather-related disasters, many scientists believe that human-induced changes in the atmosphere are altering the world’s climate and contributing to more extreme weather. If true, this assessment does not bode well for the future. Adding to the risk, more and more people now live in disaster-prone areas, by choice—or because they have no alternative.
      Statistics indicate that 95 percent of all disaster-related deaths occur in developing lands. Wealthy nations, on the other hand, have a lower mortality rate but experience 75 percent of the economic losses. Some insurers even wonder whether their industry can remain solvent under this onslaught of mounting losses.
      In the opinion of a number of scientists, human-induced changes in earth’s atmosphere and oceans have made our planet a dangerous place by contributing to more frequent and more severe natural disasters. And the future looks uncertain, as we’re in the middle of a large uncontrolled experiment on the only planet we have.
      Well, I advised our avid readers to consider that our earth’s climate system has been likened to a machine that converts and distributes solar ener----. Because the Tropics get most of the sun’s heat, the resulting temperature imbalance sets the atmosphere in motion. Earth’s daily rotation causes this mass of moving, moist air to form eddies, some becoming depressions, or areas of low atmospheric pressure. Depressions, in turn, may develop into storms.
      If you observe the general path of tropical storms, you will notice that they tend to move away from the equator—either north or south—toward cooler regions. In doing so, storms also serve as massive heat exchangers, helping to moderate the climate. But when the temperature in the upper level of the ocean—the “boiler room” of the climate machine—exceeds about 80 degrees Fahrenheit [27°C], tropical storms may acquire enough ener---- to become cyclones, hurricanes, or typhoons.
      Many nations to include our country continue to pump greenhouse gases into the atmosphere, adding the unabated population growth means more urban sprawl, more shantytowns, and more environmental degradation. These developments may tend to magnify the severity of natural disasters.
      Global warming, dams, deforestation and slash-and-burn farming are exacerbating factors in the natural disasters that have plagued our country with powerful storms, floods, landslide that killed thousands of lives.
      The El Niño weather pattern—triggered by a warming of the waters of the eastern Pacific—periodically causes flooding and other weather disruptions in the countryside. This phenomenon has returned with regularity (about every four years) since it was first identified in the 19th century. But some experts believe that "El Niño has stepped up its schedule" and that it will "appear more often" in the future.
      Dangerous weather patterns including more powerful typhoons and heavy rains will continue to wreak havoc across the planet. More severe droughts and floods will literally change the face of the Earth, leading to the loss of coastal lands and the destruction of forests.
    • robs  •  1 year 1 month ago
      dont see u see manifestations of climate change? okay i will tell u.. ice starting to melt at north and south pole, contries with winter season snow shows abnormal fall recently in US it falls above the normal snow per year, last year Finland the land of santa where small amount of snow falls, it is located near north pole.. U see? and even in the Phils., yesterday i watched Kuya Kim tacled the effect of climate change at Hagonoy Bulacan a certain barangay there was 17 hectares recorded in the 70's but now 0nly 7 hectares left because the land was now covered with sea water that continue to rise... maybe u are not aware of what happenning today i suggest u to watch news regarding climate change and be observant on ur environment.. Gudluck fella's..
    • Clear Eyes  •  1 year 1 month ago
      Does this mean we finally get to have snow at Christmas?
    • bosz  •  1 year 1 month ago
      Because people do not want to change for the good of the environment, the climate starts the change for its own good...When shall we learn..??..
    • Ringo  •  1 year 1 month ago
      Climate Change, We can control but all we need is to discipline ourselves and continue planting trees to all vacant space or tree planting after cutting trees, government should control plant site and make sure they have waste solution, control vehicle s each family, stop importing 2nd hand vehicle and all house hold and businesses minimize using of mechanical and electrical equipment if unnecessary, stop digging for fish ponds for agriculture conversion to unnecessary amusement parks of subdivision and etc..
    • reality check  •  1 year 1 month ago
      Climate change will always have its followers, its a feel good movement with do gooders as natural preys. Notice how the real creationist are almost never among their victims.
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