Download Carbon Solutions Group - Australian Industry Group

November 2007
Ai Group Climate Change Forum
Adapting to climate change risk – banking
National Australia Bank
Rachel O’Neill
Carbon Solutions Group, Institutional Banking
What are the risks….
● Physical
– Changing climatic patterns
– Sea level rise
– Increased storm and drought severity
● Carbon Price
– Carbon cost on business operations
– Supply chain pass through
– Increase in energy costs
● Regulatory
– Increased reporting requirements
– Product and appliance standards
– GHG emissions restrictions
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Managing the risks (and opportunities)…
nabCapital perspective
Carbon Solutions Group
● Formed in 2006 as a specialist group to identify the risks and
opportunities within the evolving carbon finance market.
● Working with different parts of the Bank and our customers to develop
appropriate products and services to meet the needs of our clients.
● Experience in energy and utilities financing, credit risk assessment, and
financial markets.
● Current focus is on the impacts of climate change and emissions trading
for large corporates and SME’s.
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Managing the risks (and opportunities)…
nabCapital perspective
● Understanding our clients and assisting them manage their risks
● Being involved in the development of the Aust carbon market
● Dedicated resources to ensure a co-ordinated understanding and
response
● New products
● Raising awareness of climate change risks and opportunities to our
Bankers
● Developing carbon price risk management capability
● Financing renewable energy
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Financing and Carbon Risk Management
● nabCapital is an experienced lender to the energy infrastructure sector –
including renewable/sustainable energy. Examples include:
–
–
–
–
UK landfill gas projects
UK biomass & wind project
Australian wind farm projects
Australian mix of land fill gas and coal seam methane
● Carbon Risk Management
– Capability to assist our clients manage their carbon risk
– Will become increasingly important in Australia
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National Australia Bank & Climate Change – Conclusion
Getting to Carbon Neutral
Real Estate
Energy Audits &
Design Standards
Travel
Management &
Video Conferencing
Carbon Offsets &
Trading
CSR Reporting
Carbon Neutral NAB 2010
Product & Service
Offerings
Verification & Audit
Carbon Neutral NAB
Intranet
climatechange
@nab.com.au
mailbox
Go Green Calculator
Origin
Engaging Our People
Diagram based on framework developed by EDS Australia & NZ
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Fleet vehicle
replacement
& hybrid cars
Greenhouse Dynamics
Team
Green Services
Reporting and Validation
Measure & Report our
carbon footprint
Further information …
Carbon Solutions Group
Rachel O’Neill
Director & Head of Carbon Solutions Group
Institutional Banking, nabCapital
Ph:
03 8641 4486
Email: Rachel.M.O’[email protected]
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Alison Read
Associate, Carbon Solutions Group
Institutional Banking, nabCapital
Ph:
03 8641 5369
Email: [email protected]
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accuracy or completeness of any statement in it. The document does not purport to contain all of the information that clients or prospective
investors may require or should obtain. To the maximum extent permitted by law, National Australia Bank Limited expressly disclaims all or any
liability which may arise out of the provision to or use by any person of the information contained in this presentation.
This presentation has been prepared for the purpose of providing information only without taking account of any person’s objectives, financial
situation or needs.
The information in this presentation is confidential and should not be disclosed to any other person without the prior consent of National Australia
Bank
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