This page contains a Flash digital edition of a book.
Carbon Disclosure Project 2011 – Italy 100 Report


Q5.1a: Please describe your risks driven by changes in regulation • ID


• Risk driver o International agreements o Air pollution limits o Carbon taxes o Cap and trade schemes o Emission reporting obligations o Fuel/energy taxes and regulations


o Product efficiency regulations and standards


o Product labeling regulations and standards


o Voluntary agreements o General environmental regulations, including planning


o Uncertainty surrounding new regulation


o Lack of regulation o Other regulatory drivers


• Description


• Potential impact o Increased capital cost o Reduced demand for goods/ services


o Reduction/disruption in production capacity


o Reduction in capital availability o Reduced stock price o Inability to do business o Wider social disadvantages o Other


• Timeframe o Current o 1-5 years o 6-10 years o >10 years o Unknown


• Direct/Indirect o Direct o Indirect (Supply chain) o Indirect (Client)


• Likelihood o Virtually certain o Very likely o More likely than not o About as likely as not o Unlikely


44


o Very unlikely o Exceptionally unlikely o Unknown


• Magnitude of impact o High o Medium - High o Medium o Low – Medium o Low o Unknown


Q5.1b Please describe (i) the potential financial implications of this risk before taking action; (ii) the methods you are using to manage this risk and (iii) the costs associated with these actions


Q5.1c: Please describe your risks that are driven by change in physical climate parameters • Risk driver • Description • Potential impact; Timeframe; Direct/ Indirect; Likelihood; Magnitude of impact


Q5.1d Please describe (i) the potential financial implications of this risk before taking action; (ii) the methods you are using to manage this risk and (iii) the costs associated with these actions


Q5.1e: Please describe your risks that are driven by changes in other climate-related developments • Risk driver • Description • Potential impact; Timeframe; Direct/ Indirect; Likelihood; Magnitude of impact


5.1f Please describe (i) the potential financial implications of this risk before taking action; (ii) the methods you are using to manage this risk and (iii) the costs associated with these actions


Q5.1g: Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure.


Q5.1h: Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure.


Q5.1i: Please explain why you do not consider your company to be exposed to risks driven by changes in other climate- related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure.


Climate Change Opportunities


Q6.1 Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? • Opportunities driven by changes in regulation


• Opportunities driven by changes in physical climate parameters


• Opportunities driven by changes in other climate-related developments


Q6.1a: Please describe your opportunities that are driven by changes in regulation • ID


• Opportunity driver o International agreements o Air pollution limits o Carbon taxes o Cap and trade schemes o Emission reporting obligations o Fuel/energy taxes and regulations


o Product efficiency regulations and standards


o Product labeling regulations and standards


o Voluntary agreements o General environmental regulations, including planning


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