Energy and carbon measurement, reporting and data analysis
Ensure compliance with the GHG (Greenhouse Gas) Corporate Accounting and Reporting Standard.
Collaborit provides carbon and energy measurement and reporting compliant with the GHG (Greenhouse Gas) Corporate Accounting and Reporting Standard in a consistent manner from one reporting period to the next.
Global warming and climate change have come to the fore as a key sustainable development issue. Many governments are taking steps to reduce GHG emissions through national policies that include the introduction of emissions trading programs, voluntary programs, carbon or energy taxes, and regulations and standards on energy efficiency and emissions.
As a result, international companies must be able to understand and manage their GHG risks if they are to ensure long-term success in a competitive business environment and to be prepared for future national or regional climate policies.
Companies are also required to account and report on actual GHG emissions in response to a variety of business objectives, including:
- Public reporting compliance
- Establishing and monitoring GHG targets
- Managing environmental risks and opportunities
- Addressing the needs of investors and stakeholders
Most companies base their accounting and reporting for GHG emissions on the Greenhouse Gas Protocol Initiative – GHG Protocol Corporate Accounting and Reporting Standard.
The Greenhouse Gas Protocol Initiative, launched in 1998, is a multi-stakeholder partnership of businesses, NGOs, governments and other stakeholders convened by the World Resources Institute and the World Business Council for Sustainable Development.
The Initiative’s mission is to develop GHG accounting and reporting standards for global businesses and to promote their broad adoption. Their vision is to harmonise GHG accounting and reporting standards internationally to ensure that different trading schemes and climate initiatives adopt consistent approaches to GHG accounting.
Their stated objectives are to:
- help companies prepare a GHG inventory that represents a true and fair account of their emissions, through the use of standardised approaches and principles
- simplify and reduce the costs of compiling a GHG inventory
- provide business with information that can be used to build an effective strategy to manage and reduce GHG emissions; and
- increase consistency and transparency in GHG accounting and reporting among various companies and GHG programs
The standard requires accounting and reporting to be applied to six greenhouse gases covered by the Kyoto Protocol — carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O) hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulphur hexafluoride (SF6).
The GHG Protocol Corporate Accounting and Reporting Standard contains accounting rules relating specifically to significant structural changes and requires a company to develop a base year emissions recalculation policy clearly articulating the basis and context for recalculation. This topic forms an integral part of this accounting policy.
The service includes prescriptive rules to guide the calculation of base year emissions from, but not confined to:
- Mergers, acquisitions, and divestments
- Outsourcing and/or insourcing of emitting activities
- Changes in calculation methodologies
- Improvements in the accuracy of emission factors; and
- Discovery of individual or cumulative errors considered significant.
- Measurement and Reporting compliant to GHG Corporate Accounting and Reporting Standard.
- Consistency from one period to the next.
Services & Solutions
Collaborit Engineering Services & Solutions
Collaborit combines deep experience with proven methodologies and solutions to manage the integrity of structures, ensuring they will go the distance.