Session A4 – Climate & Urbanism Francisca Quinn, Quinn & Partners Inc. May 10, 2016
TRUSTED ADVISOR IN ALL MATTERS RELATED TO CORPORATE SUSTAINABILITY • Quinn & Partners is a sustainability strategy and integration advisory firm • We work with organizations to design and execute sustainability leadership strategies to strengthen our clients’ position with customers, investors, employees and broader stakeholders • Our support helps companies identify business opportunities, enhance reputation, manage risks, realize efficiencies and ultimately create more resilient, future-oriented businesses 2
Climate should be at the top of developers’ agenda KEY POINTS Recognized as top risk by global economic authorities World Economic Forum (WEF) - “failure of climate change mitigation and adaption” • top 5 risk 2014-2016 • IFC - $4 trillion value at risk • OECD - $3 trillion of assets at risk from climate change in port cities Leading global cities taking action • 80% of GDP from cities • 207 cities report climate risks • 108 cities report carbon emissions to CDP Cities can regulate developers or developers can proactively take action • City of Tonto Green Standard • Waterfront Toronto Sustainability and Resiliency Framework Climate change can be incorporated early in the development process • Leaders have sustainable design standards that covers development lifecycle Ecology, energy, carbon, water, materials, infrastructure, etc. – all important for • mitigation and adaptation (resilience) 3
Climate change is connected to other global risks WEF GLOBAL RISK LANDSCAPE 2016 • Climate change at top for impact and likelihood • Interconnected with other global risks • Environmental, social, economic and governance issue Source; World Economic Forum ‘The Global Risks Report” 2016. 4
Urban areas have a strong business case to take action CDP CITIES DISCLOSURE Source: CDP, “Protecting Our Capital”, 2014. 5
Cities are lagging on risk recognition and adaptation CDP CITIES DISCLOSURE Source: CDP, “Protecting Our Capital”, 2014. 6
U.K. case study #1 DEVELOPMENT SUSTAINABILITY PRINCIPLES • Guidance for each development step • Requirements to embed in contracts and train contractors • KPI targets for project design, construction phase and post- occupancy performance – Materials – Water – Waste – Ecology – Transport – Community – Energy/carbon – Etc. • Mandatory reporting and post-project evaluation • Verification 7 Source: The Crown Estate, “Urban Portfolio Development Sustainability Principles”, 2015.
U.K. case study #2 SUSTAINABILITY BRIEF FOR DEVELOPMENTS 8
Francisca Quinn Quinn & Partners Inc. t. +1 416 477 2591 e. francisca@quinnandpartners.com @franciscaquinn 9
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