The Business Case for Sustainable Practices Hannes Mac Nulty Hannes Mac Nulty Sustainable Energy Expert UNIDO Senior International Energy Efficiency Consultant Chair UNECE Industrial Energy Efficiency Task Force The Business Case for Sustainable Practices Hannes Mar 2019 1 Mac Nulty
What is sustainability? • Continuity • Durability • Stability • Renewability • Future proof Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 2
Sustainability in the steel sector • Resilience to change • Improve competitiveness • Modernise technology and practices Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 3
Just look at sustainable energy • Better systems management • Improved data collection and analysis • Supports quality management • Increased energy security • Employee engagement, health and safety • Reduced maintenance costs • Lower energy costs • ……….. Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 4
in addition to, of course: • Reduced emissions • Less environmental impact • Key step in circular economy Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 5
We are actually doing it already PJSC Magnitogorsk Iron & Steel Works (MMK) 8,1 % over 3 years 3 days Ezz Al-Dekheila Steel Co., Egypt 5.6% over 2 Years 6 months Vedanta Limited, India 2.35% over 1 year 2 months ArcelorMittal Saldanha Works, South Africa 5.3% over 1 year 4 days Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 6
OECD SC energy efficiency survey Importance of energy efficiency to the company: Drivers for implementing energy efficiency: Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 7
However, we can (need) to do more 25% Electricity and Biomass Alternative steel making technologies Monetise by-products 2050: Net zero CO 2 emissions Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 8
OECD SC energy efficiency survey Considered energy efficiency project but did not implement: Main barriers to energy efficiency projects: Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 9
It’s time to change perceptions From environmental obligation to business opportunity Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 10
However, here remain challenges…. !! ?? E=MC 2 Mar 2019 11 The Business Case for Sustainable Practices Hannes Mac Nulty
Sustainable practices are not difficult, just complicated Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 12
The stakeholders & status quo Poli olicy Make kers Fin inancia ial l SP Policy ~ theory Institut utions ns Targets/ reporting ng /… Corpo porate M e Managem emen ent SP Strategy ~ min. policy compliance & CSR Resea search / / N NGOs Os / Int ntl. . Orgs / ... ... Engineer eering SP Support – Upscaling SP Projects ~ not delivering issues real potential Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 13
Effective engagement, more results 1. Demonstrate through 4. Deliver all energy & non- pilot SP projects energy benefits 2. Effective policies from 3. Effective SP strategies good SP data connected to core business Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 14
2 UN projects to make it happen UNECE I Industrial E Energy UNIDO DO Industry W Working Effici ciency cy (IEE) T Task F Force ce Group ( (IWG WG) + Engagement between companies, Making better use of engagement within companies resources that already exist Effective Widespread policy implementation Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 15
And it’s happening UNIDO Workshop UNECE – UNIDO Industry Working Group Workshop project kick-off Promoting Industrial 7-8 May 2019 Energy Efficiency in Ukraine and Neighbouring Countries 27-28 May 2019 Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 16
The take-home message: = + Sustai ainab able Pract ctice ces Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 17
Thank You Connecting the dots, not reinventing Hannes Mac Nulty hannes@macnulty-consulting.com +33 6 84 46 42 31 Mar 2019 The Business Case for Sustainable Practices Hannes Mac Nulty 18
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