IdeasPadTackling Climate Change through

Entrepreneurship

Structure

Structure

● Sustainable Nation

● Climate Change

● Examples

● Trends

● Questions/discussion

● Ideas pad

Mandate

IFS2020 …to Support and develop ideas, innovations and investment strategies to successfully transition Ireland to a low-carbon economy…

National Mitigation Plan…mandated to promote Ireland as an international hub …and will in 2018 undertake a series of initiatives, under the banner as Ireland’s

Our purpose is to stimulate greater investment into smart innovations & projects, new enterprises and sustainable business practices.

Our Focus

Some of our Programmes

Supports SMES to develop and scale their business.- 1-day bootcamps (2oCamp)- ClimateLaunchpad - 2oCatalyst- IdeasPad

Sustainability Skillnet is a company-led training network funded by Skillnets. Open to all companies to become members, avail of and suggest training e.g. Responsible Investing,

40for3040for30 – a professional network of sustainability professionals or those influencing the sustainability agenda.

Thought Leadership events and roundtables, sharing information & best practice on topics such as green finance, climate risk and asset management

Climate ChangeA transformational Opportunity?

Exponential ChangeNumber of extreme events are rising

A Perspective!

Opportunity?

Irish examples

● Mimergy

● Maggrow

● Hexafly

● Aquaroot

● UrbanVolt

● Oxymem

● Size/U

● Kingspan

Question to you:

● Is it impacting on your business● Do you see it as threat/opportunity● Are we just hippies in business● Are you worried

The Questions

● Policy● Regulation● Procurement

Drivers

Legislation

●Legislation

●COP21

●UNDP

●ESG

●Triple bottom line

●Non financial reporting

●EU directives

●National Mitigation Plan

Procurement

20 Trillion

●Unilever●Walmart●IBM●HP●Patagonia●Johnson and Johnson●GE●BT●Diageo●UPS●Toyota

●Nestle●Carrefour●Pepsi●AkzoNobel●Dow●Puma●BASF●Colgate,●Kingfisher●Marks & Spencer●US Military

● Capital stack● Consumerism ● From linear to circular● Biomimicry● Natural capital cost

The Trends

● 90+ Trillion market in defined time (we have not long left)● 40+ Billion in Ireland● 1/3 GDP in supplier value

Opportunity

THE BUSINESS PERSPECTIVE

Your Organisation

● Purpose

● Branding

● Staff

● Innovation

● Future proof

The Factors

SPOTcheck

1. Environment, market, customers, direct competition and suppliers

2. Management team

3. Strategy, marketing, sales, product, process, innovation, HR, finance resources, financial planning, systems

The business case

● Efficiency

● Cost saving (commodities, energy, soil, water, air, carbon, etc.)

● Business model

● Reinvention opportunity

● Market size

The Questions

●Does your company recognise climate change as an issue for your business?

●Has your company assessed the risk of climate change to your business?

●Do you have a waste reduction programme?

●Does your company measure and report its carbon footprint?

●Do you measure and report the carbon footprint of your company’s value chain?

●Does your company report sustainability KPIs and metrics beyond carbon emissions (e.g. waste and water)?

●Does your company engage with your supply chain on environmental sustainability?

●Has your company developed new products and services as a response to climate change?

●How circular are you?

●How zero are you?

●How regenerative are you?

●Are you applying biomimicry?

●Shareholder or stakeholder?

●What is your purpose?

Where to Start

● Map efficiency, waste, energy, carbon, water in your company

● Map the (supply) risks

● Put numbers on it (cost)

● Map now and in future

● Check your competitors

● Check your suppliers

● Check your clients

● Attribute listing

● Green attribute listing

● Heresy innovation

Where to Start

IDEAS PAD

● Work on some of those questions

● Identify opportunities/risks

● Facilitated by experts

● Supported by Climate-KIC

● Business focus