Carbon Accounting, Assurance & CRC Compliance
Increasingly, stakeholders demand transparent information about carbon. Without measuring something, you cannot start to manage it. The UK’s mandatory CRC Energy Efficiency Scheme is a driver towards measuring and managing energy consumption, but many organisations could go further to embrace the wider potential benefit of understanding and managing their carbon footprint.
Your challenges
There can be a real benefit to any company in measuring, monitoring and managing its carbon impact. Firstly, you can save money through understanding your energy demand and implementing energy-saving measures. Secondly, you can build bridges with your stakeholders; customers, investors or employees, through explaining the action you have take action.
Our services
The UK has specific guidance in place for carbon reporting; we can help you to implement it in a way that suits your business model and makes good business sense.
CRC strategy & compliance
Avoiding fines, maximising league table rankings, minimising cost and even making money from the CRC are all doubtless on your agenda if you are caught in the mandatory CRC Energy Efficiency Scheme.
Our team has an excellent understanding of these complex regulations, so can guide you through the process. This includes understanding the implications of CRC for your organisation, what steps you need to take now, and seizing the wider benefits of developing a carbon management strategy for your organisation.
Update - The Government announced significant changes to the design of the CRC Energy Efficiency Scheme in the Comprehensive Spending Review on 20 October 2010, primarily eliminating the recycling of revenue and deferring the first payment for allowances to the end of the first compliance year. Please see this briefing which highlights the key revisions made to the scheme (PDF, 79kb). The Committee for Climate Change has also made suggestions for simplification of the Scheme in its report issued in September 2010, and a consultation period on the scheme design will be undertaken before the end of 2010.
Download our CRC Energy Efficiency Scheme briefing. (PDF, 389kb)
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Carbon measurement reporting & assurance
Reducing your energy demand and lowering your organisation’s carbon footprint can save you money and even enhance your brand. The starting point is preparing a carbon footprint report – covering Scope 1 & 2 and potentially also significant Scope 3 emissions. This can be used internally as a basis for implementing carbon management strategies, or published externally for stakeholders.
We help our clients to:
- Address the challenges around collection of carbon emissions data, and improve their systems
- Improve their governance structure around carbon emissions reporting
- Use appropriate accounting and disclosure in their financial statements around carbon impacts and any trading activity.
Download our Carbon Accounting briefing. (PDF, 150kb)
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