Climate change presents not only risks but also opportunities. Many companies are rising to the challenge of a changing world with new technologies or enhancements to existing technologies to increase energy efficiency or reduce dependency on other resources.
As well as assessing a company’s exposure to climate risk, we look at exposure to alternative energy, green buildings, energy efficiency techniques and other innovations, such as cleaner chemicals, new waste-water treatments and energy storage, to determine carbon offsets and opportunities.
Case Study: Daikin (Industrials)
Daikin, a Japanese manufacturing company that produces ventilation, refrigeration and air conditioning, is an example of a company with clean technology opportunities.
Typically, half of a building’s energy consumption comes from use of air conditioning; hence, making air conditioning systems more efficient is one of the single most efficient ways to reduce greenhouse gas emissions.
Daikin’s energy efficient air conditioning products not only reduce greenhouse gas emissions, but also reduce customers’ energy bills. As a result, more than 93% of residential air conditioning products sold by the company in 2018 were energy efficient.
More than 93% of residential air conditioning products sold by Daikin in 2018 were energy efficient.