The UCD Michael Smurfit Business School Sustainability Club Autumn Seminar on the topic of “Ireland becoming a low carbon competitive economy” took place on Wednesday, 17th October at 6pm at The Stephen’s Green Hibernian Club, Dublin 2. The speakers were Mr Gabriel D’Arcy, CEO, Bord na Móna and Ms Laura Burke, Director General of the Environmental Protection Agency (EPA)
Gabriel D’Arcy told the large attendance about the development of Bord na Móna’s vision “A New Contract with Nature” as a strategic response to the challenges being posed to the company’s future by climate change. He explained that this vision contextualises Bord na Móna’s mission, objectives, strategy and values and in effect sets out a clear sustainability path for the company. It means that all business activities, both direct and supporting, will progressively become increasingly sustainable from an environmental and social point of view while continuing to yield profits
He went on to describe how the company has set a very challenging carbon-reduction agenda for itself internally through initiatives such as displacing peat with biomass at Edenderry power station and consequently directly and significantly reducing the company’s carbon footprint; leading the development of a biomass production industry in the midlands; developing wind farms on industrial cutaway peatlands; displacing peat with composted greenwaste in growing media
Externally Bord na Móna was recently ranked as an Irish Carbon Leader in the Carbon Disclosure Project (CDP) and is an active member of Corporate Leaders’ Group for Climate Change.