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Making the low carboneconomy a reality
What the CarbonTrust does
 
IMPORTANT NOTICEWhilst the CarbonTrust has taken reasonable steps to ensure that the information
contained in this publication is correct, it gives no warranty and makes no representation
as to its accuracy and accepts no liability for any errors or omissions. Nothing inthis publication is intended to or should be interpreted as an endorsement of, or
recommendation for, any supplier, service or product.This information is being made available to you as part of the CarbonTrust’s general
activity of promoting deployment of, and investment in, low carbon technology.
The CarbonTrust does not give investment advice and you must take your own viewon the merits of, and the risks attached to, any investment decision you may undertake.You may wish to obtain professional advice.
Printed on Brand X FSC, Fenner paper which is produced using a minimum of 17.5%Forest Stewardship Council certified pulp which is virgin fibre from sustainable forests
with a verifiable chain of custody.The remaining content is 100% recycled postconsumer waste fibres.Published in the UK: August 2007.© The CarbonTrust 2007. All rights Reserved
Any trademarks, service marks or logos used in this publication and copyright in it
are the property of the CarbonTrust. Nothing in this publication shall be construed asgranting any licence or right to use or reproduce any of the trademarks, service marks,copyright or the CarbonTrust’s proprietary information in any way without the CarbonTrust’s prior written permission.The CarbonTrust enforces infringements of itsintellectual property rights to the full extent permitted by law.The CarbonTrust is a company limited by guarantee. Registered in England and WalesNumber 4190230. Registered at 8th Floor, 3 Clement’s Inn. London, WC2A 2AZ.CTC711
 
Foreword
The CarbonTrust01
There is no longer any seriousscientific doubt that climate changeis happening, that human activity isthe major factor behind the change,
and that we face serious consequences
without timely and appropriatelyscaled responses.
Reports from both the Stern Review of the economics ofclimate change and the United Nations’ IntergovernmentalPanel on Climate Change (IPCC), amongst many others,have prompted significant changes in the public, political andcorporate mood towards climate change, moving the issuebeyond scientific debate to focus on the actions needed toeffectively reduce emissions.These developments have been translated into increasedpressure on business and organisations to act. Regulators,investors, board members, clients and customers arenow demanding tangible, measurable action to reducecarbon emissions.Many companies and organisations in the UK have respondedto these pressures and it is inspiring to see the more forwardthinking of them moving quickly to reduce direct operationalemissions, with some starting to act on the indirect emissionsfrom their supply chains, products and services.
However, these actions are not yet at the scale neededfor the UK to meet its stretching emissions reductionsobjectives, or to become a global leader on climate
change action.To really drive the development of the new low carboneconomy, not only do we need to communicate to businessand the public sector that the cost of inaction will vastlyoutweigh that of action on climate change, but that from
action and developing appropriate solutions new markets and
commercial opportunities will emerge. At the Carbon Trustit is our aim to accelerate the UK’s move to a low carboneconomy and to do so not only by showing businesses thatreducing emissions can reduce risk and costs but that thereare also new and exciting low carbon markets waiting todeliver commercialreturns to those willing to develop andinvest in them.To catalyse the action from businesses and organisationsthat is needed to achieve these aims, we work in fivecomplementary business areas to explain, deliver, develop,create and finance low carbon enterprise.Only by working across all of these areas will we really beable to harness the power of business and the economy tomake carbon a new currency and the UK the leading light inlow carbon enterprise.
Tom DelayChief Executive
of 00

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