New York, NY
Initial Climate Change Strategization
Keywords: Climate Change, diagnostic, program organization
Marc Karell led a team to provide US Power Generating Company (USPG) strategic advice on how to address Climate Change issues and develop an internal Climate Change organization, and basic strategy. A meeting was organized with various senior leaders of the firm’s Executive Committee, including not only EH&S, but also senior officers from Legal, Finance, Engineering, and Communications to discuss the background about Climate Change and the various potential exposures affecting the firm’s core business (i.e., regulatory, fuel use, financial, etc.). A Climate Change diagnostic was presented enabling USPG to understand and rate themselves in different elements of a Climate Change program, for where they stand now and where they reasonably see themselves in the future. USPG can use the results to assess the areas they need to focus on the most and to prioritize action items. The discussions, differing points of view, and diagnostic results about Climate Change as a core business issue enabled them to think freshly about the issue.
Marc Karell developed a data collection tool to enable USPG power plants to collect necessary plant data to develop its greenhouse gas emissions inventory.