Corporate Sustainability Report - Flipbook - Page 71
Sustainability Report
Risks and opportunities | TRANSITION RISKS
Risk/opportunity
type and time
horizon
Description of risk/
opportunity
Description
of response
Market and
reputation
opportunity –
Aligning to customer
priorities and market
expectations
Many of Access’ customers and other
stakeholders have an increasing
focus on sustainability issues within
their own operations and in their
supply chain. Access’ continuing
alignment with current and emerging
regulations, such as TCFD demonstrate
its commitment to transparency
and to contributing to the transition
to a lower carbon economy. This,
therefore, represents an increased
revenue opportunity for potential new
customers focussing on managing and
reducing their supply chain emissions
seeking suppliers of choice.
Access’ allocated internal and external
resources to managing climate impact
strategies and increasing transparency
through veri昀椀cation of emissions
and other sustainability metrics. New
sources of revenue are also monitored
to identify realised opportunities.
Technology is a key focus of Access,
and it continually monitors and realises
opportunities relating to emerging
technologies. Increased e昀케ciencies
due to an increasing adoption of, and
improvements to, arti昀椀cial intelligence
(AI) services for example, poses
opportunities for reducing emissions
associated with its products and
services.
Access is actively pursuing reductions
to energy use and resultant energy
costs for large language models and
AI through the quantising of models
– enabling the use of e昀케cient central
processing units (CPUs) in place of
higher energy demanding graphics
processing units (GPUs).
Access will continue to invest in R&D
that will enable the production of
energy-e昀케cient AI-based technology
and products.
Timeframe
Short- to long-term
Technology
opportunity – Use
and development
of low emissions
products and
services
Timeframe
Short- to long-term
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