The Fifth Assessment Report from the Intergovernmental Panel on Climate Change is the most comprehensive and relevant analysis of our changing climate. It provides the scientific fact base that will be used around the world to formulate climate policies in the coming years. This document is one of a series synthesizing the most pertinent findings of AR5 for specific economic and business sectors. It was born of the belief that the business sector could make more use of AR5, which is long and highly technical, if it were distilled into an accurate, accessible, timely, relevant and readable summary. Although the information presented here is a ‘translation’ of the key content relevant to this sector from AR5, this summary report adheres to the rigorous scientific basis of the original source material. Grateful thanks are extended to all reviewers from both the science and business communities for their time, effort and invaluable feedback on this document. The basis for information presented in this overview report can be found in the fully-referenced and peer-reviewed IPCC technical and scientific background reports at: www.ipcc.ch

1. Climte Chnge - Everyone's Business Implictions for Extractive and Primary IndustriesKey Findings from the Intergovernment
l P
nel on Clim
te Ch
nge (IPCC) Fifth Assessment Report (AR5) For more inform
tion cisl.cm.c.uk/ipcc and bsr.orgRisks and Opportunities for Extractive and Primary IndustriesClimate change is likely to aect many aspects of natural resource exploration and extraction, and the production of industrial commodities. Investments necessary for adaptation and mitigation measures are in many cases cost-eective. Greenhouse g
s (GHG) emissions from industry
lmost doubled between 1970
nd 2010. This reflects the ste
dy growth in world production trends for extr
ctive miner
l industries
nd prim
ry industries. Prim
ry industry
ccounts for
round 30% of tot
l glob
l GHG emissions. Most sector scen
rios project th
t glob
l dem
nd for industri
l products will incre
se by 45–60% by 2050 rel
tive to 2010 production levels. MININGSwitching from diesel-powered m
chinery to low-c
rbon energy sources is
n import
nt GHG mitig
tion str
tegy for this sector. CEMENTC
rbon dioxide (CO2) s
vings of 40% h
ve been reported on projects using ‘ultr
high-strength’ concrete. CHEMICALSIn the Netherlands, material e—ciency measures in plastics manufacture could halve emissions associated with plastic packaging. METALSModul
r product designs within the
luminium sector
llow longer product lives
nd so drive
n over
ll reduction in dem
nd for new m
teri
l. PULP AND PAPERReducing p
per weight for newsp
per
nd o—ce use could cut p
per dem
nd by 37%. Incre
sed recycling, printing on dem
nd, removing print to re-use p
per,
nd substitution by e-re
ders could
lso reduce dem
nd. DEMAND REDUCTION Reducing overll demnd for new product mterils, by chnging consumption ptternsPRODUCT-SERVICE EFFICIENCYUsing product for longer nd more intensivelyMATERIAL EFFICIENCY Reducing the mount of rw mteril needed to crete productENERGY EFFICIENCY Improving the rtio of energy consumption to production of mterilsEMISSION EFFICIENCY Reduced emissions per unit of energy usedDEMAND-RELATED STRATEGIESReducing the over
ll use of product materi
lRISKS TO INDUSTRYPhysic
l imp
cts of clim
te ch
nge, such
s rising se
levels, higher temper
tures
nd more extreme we
ther, could decre
se energy supply security, reduce
v
il
bility
nd
ccessibility of n
tur
l resources for production, d
m
ge industrial
nd tr
nsport infr
structure
nd reduce l
bour productivity. MITIGATIONAbsolute reductions in emissions from industry will require e—ciency improvements in
ll p
rts of the life cycle. Emissions c
n
lso be reduced by curbing dem
nd. The broad deployment of best
v
ilable technologies could reduce emissions intensity by
bout 25%, with innov
tion delivering
further potenti
l reduction of 20%. PRODUCTION-RELATED STRATEGIESImproving industri
l process e—cienciesCASE STUDIES