Climate Change and Sustainability Consulting

Assessing the impact of global warming and abatement policies on your organisation and its overall ecological footprint.

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350+

Economists & Analysts

2,000

Clients

200+

Countries Covered

40+

Years of Experience

Understanding climate change's implications for your organisation

Shifts in weather patterns and an escalation in natural disasters have elevated the importance of climate mitigation as a pressing policy concern. We guide you in comprehending the origins and repercussions of global warming on the Australian and international economy, offering insights into how these factors affect your business outlook. Additionally, we measure your organisation's environmental footprint, considering its economic and societal consequences.

Strategic business planning and sustainability strategy formulation

Embrace our data-driven, forward-looking approach to crafting sustainability strategies and business plans in the context of a changing environment. Our specialists leverage economic forecasts, sustainability expertise, and cutting-edge integrated models to assist you in future-proofing your company. Collaborating with you, we analyze the impacts of economic trends, global scenarios, and climate and nature-related risks. This enables you to allocate resources effectively and navigate evolving landscapes, ultimately enhancing your company’s impact and resilience over time.

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Measurement and reporting of sustainability impact

Utilising our Global Sustainability Model (GSM), we quantify your organisation’s effects across the entire supply chain. This produces a comprehensive economic, environmental, and social footprint, aligned with the UN Sustainable Development Goals and Greenhouse Gas Protocol metrics. Simultaneously, we guide you through the shifting terrain of emerging reporting and disclosure standards. Whether your focus lies on ESRS, TCFD, TNFD, ISSB, or other sustainability reporting requirements, we collaborate with you to transcend annual reporting. Our goal is to help you grasp the significance of metrics in a changing world, utilizing economic evidence to set and achieve targets and showcase your progress.

 

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Climate resilience assessments

Recognising that climate change poses financial and economic risks, our seasoned economists employ the Oxford Economics Global Economic Model to conduct climate resilience assessments for financial institutions globally. We provide transparent and rigorous modeling, delivering clear and accessible findings. Our experience encompasses the latest climate stress tests published by the Bank of England, European Central Bank, Monetary Authority of Singapore, and Bank of Canada.

Pioneering thought leadership on climate change

Empower your organisation to showcase leadership in addressing climate change through comprehensive analyses of sustainability best practices. Explore the implications for supply chain management, workforce practices, and technology adoption to demonstrate a proactive stance on climate-related challenges.

Can we walk the talk as we approach our 2030 climate goals?

Australia has made significant strides in our commitments to emissions reduction over the last 18 months. We have legislated reaching net zero by 2050, with further ambitions to reduce our greenhouse gas emissions by 43% by 2030 from 2005 levels. What’s more, the 2023 Climate Change Statement projects that Australia is on track to reach 42% reduction by 2030, falling only a touch short of the 43% target.

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Case Studies

Case Study | Australian Energy Market Operator

Oxford Economics Australia and AEMO’s 2022-23 Energy Outlook Collaboration

Project background The Australian Energy Market Operator (AEMO) engaged Oxford Economics Australia (OEA) to develop economic and demographic scenario forecasts for their 2022-23 energy outlook reports. AEMO, responsible for Australia-wide planning and forecasting publications, required these forecasts as inputs into their modelling processes. The scenarios, outlined in AEMO’s Inputs, Assumptions and Scenarios Report, were developed...

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Case Study | QBE LMI

The Annual Housing Outlook 2022 – the Green Edition

The objective The objective of this work was to reinforce QBE LMI’s position by providing an outlook of housing market performance and stimulate informed discussion about environmental sustainability within the housing market and a state by state performance analysis of housing market prices and rents. The solution The project was approached collaboratively with the QBE...

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Case Study | Australian Energy Market Operator

Review and validation of AEMO’s cost of capital assumptions for renewable energy investments

Project background The Australian Energy Market Operator (AEMO) engaged Oxford Economics Australia (OEA) to review their cost of capital assumptions for long-term investments in the National Electricity Market (NEM). The review aimed to assess the impact of asset-specific and market risks on the cost of capital. The cost of capital assumptions are key to developing...

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Speak to an expert

Ruchira Ray

Lead Economist, Climate & Sustainability

Ruchira Ray

Lead Economist, Climate & Sustainability

Sydney, Australia

Ruchira joined Oxford Economics Austalia in 2019, in macroeconomic consulting. Ruchira has worked on several buy side and sell side Due Diligence projects for assets spanning energy, transport, and real-estate. Additionally, Ruchira leads our climate change consulting team in Australasia.Ruchira also has experience in the energy sector, working on several gas and electricity outlook reports for the Australian Energy Market Operator (AEMO), leading the development of industrial sector demand forecasts including regularly interviewing energy intensive industrial users of gas and electricity; producing retail gas price forecasts and conducting scenario setting consultation with industry.Ruchira is also well versed with operating our Global Economic Model (GEM) to produce scenario forecasts.

Kristian Kolding

Head of Consulting, OE Australia

+61 (4) 1040 9070

Kristian Kolding

Head of Consulting, OE Australia

Sydney, Australia

Kristian leads Oxford Economics Australia's Consulting team, working with public and private sector leaders to help them prepare for the future by applying relevant economic theory and forecasts to inform effective policy and business strategy development.

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