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It's never been more important to take action on Climate Change

29 April 2009

On 1 May, over 200 business people from across the South West will gather for The Prince's May Day Summit at Bush House, Bristol, to learn, amongst other things, how taking action on climate change can help them survive the global recession.

The May Day Summit is unique in its format and content. The Bristol event, which is sponsored by the South West RDA and the Homes & Communities Agency, is one of ten regional summits across the UK, all of which will be linked to a live video broadcast of speeches from London. The explorer Pen Hadow will also be sending the summit a message from the Arctic where he's leading an expedition measuring the thickness of the sea ice.

The event will give businesses in The Prince's May Day Network the opportunity to report on the progress they have made since the 2008 May Day Summit and share examples of innovative and successful low carbon solutions. Companies and organisations will have the chance to join the Network and will be signposted to specialist organisations and tools to support them on their low carbon journeys.

Business in the Community is also collecting feedback from delegates to inform and influence regional and national policy

Recent Business in the Community research revealed that FTSE companies actively managing and measuring corporate responsibility outperformed the FTSE 350 on total shareholder return by up to 7.7% between 2002-2007. This is clear evidence that those businesses taking action on climate change now will also be best placed to succeed when the global economy recovers and moves towards becoming ever more low-carbon. Additional benefits of taking action include new income streams, improved recruitment and retention, and keeping ahead of international competition.

The Carbon Trust predicts that taking action on climate change could save UK businesses up to £1 million a day collectively. Not only does resource efficiency deliver immediate benefits such as cost savings, but developing a low carbon business can also help retain and win new business, improve reputation and trust, and boost employee morale.

Peaches Golding, Regional Director, Business in the Community says; "The South West's appetite for developing innovative and successful low carbon solutions is second-to-none. On 1 May Jonathan Porritt will share his key climate change messages in Bristol. We'll be launching the West of England Carbon Challenge, signposting delegates to the science of climate change and specialist organisations as well as celebrating the South West C+ Carbon Positive Award winners.

"Over 250 businesses in the South West have joined The Prince's May Day Network, these companies will illustrate how through sharing their successes, and their learnings, businesses can accelerate their climate change journey and help the UK achieve a prosperous and healthy low carbon economy."

Simon Hooton, Director of Strategy at the South West RDA, said: "Climate Change is probably the biggest single issue that humanity faces. Its impact will affect every aspect of our society, economy and environment. As an economic development agency we are keen to understand what effect this will have on the future economy of the South West and how we can lead the region's transformation to a low-carbon economy by helping ambitious businesses embrace the opportunities of environmental technologies and services."

Ends

Notes for Editors

A call to action

1. Join the Prince's May Day Network by pledging to take action on climate change.

Pledge to take one or more of 6 pledges to measure, report, manage, and reduce carbon emissions, and extend activities to other stakeholders.

www.maydaynetwork.com

2. Start your low-carbon journey today.

Business in the Community can support businesses to do this through:

  • The May Day Journey
  • Practical case studies
  • Sector initiatives

www.maydaynetwork.com/journey

Business in the Community

The Prince's May Day Network is convened by Business in the Community, and helps businesses realise benefits from taking action on climate change. It helps them through practical support, and by profiling their low carbon activities. It is sponsored by businesses that are taking a lead on climate change, and partners with key business support organisations.

  • Spokespeople available for interview are: Peaches Golding, Regional Director, Business in the Community
  • For further information please contact Pip Trentham, Communications Manager, Business in the Community, pip.trentham@bitc.org.uk , 07714411438

South West RDA (Regional Development Agency) leads the development of a sustainable economy, investing to unlock the region's business potential. It is helping companies respond to the economic crisis and charts a course for recovery. The RDA is developing or expanding initiatives which include: establishing a Business Loan Fund; coordinating the response to large companies in difficulty; preparing for economic recovery.

The West of England Carbon Challenge is part of Forum for the Future's Sustainable Bristol City-Region Programme which aims to help make the West of England the UK's leading example of sustainable urban living.

Contact Details

Name Pip Trentham
Tel 07714411438
Email pip.trentham@bitc.org.uk

Third Party Issuer

Business in the Community