This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Managing ETS Compliance

Ensuring you are compliant with the emerging regulations both locally and globally

Managing ComplianceNew Zealand businesses now have certainty with respect to many aspects of the regulatory regime being implemented through the Emissions Trading Scheme (ETS). There are significant cost implications associated with the ETS, as well as changes to the competitive environment for business.

A number of businesses are already facing reporting and compliance obligations under the ETS. Other companies are making changes to respond to shifting consumer preferences and attitudes.

As a result of this new compliance environment, you need to consider the following key questions:

  • How does stronger regulation impact your business?
  • What obligations does your business have under the ETS?
  • What is the extent of your carbon emissions and the resulting obligations under the ETS?
  • Are robust processes in place to ensure forecasting of emission unit requirements or equivalent financial obligations?
  • Are robust processes in place to ensure any excess emissions trading units or carbon credits you may have are internationally/nationally tradable?
  • How do the ETS obligations of others (e.g. your key suppliers) impact your operating costs, and can cost increases be passed through to your consumers?

How we can help you 

We can help you understand and respond to the risks, challenges and opportunities by working with you to:

  • Develop strategies to manage your obligations and opportunities under an emissions trading scheme and global carbon markets
  • Verify that your emissions return and reporting methodologies comply with the regulations
  • Assess your risks relating to climate change
  • Value your assets and liabilities related to carbon
  • Model your financials for carbon related cash-flows
  • Measure or verify your supply chain footprints
  • Identify tax issues for both trading (local and overseas) and holding of carbon permits (credits) including the advising and submitting on the correct tax policy
  • Research and develop tax credits in relation to carbon initiatives

Talk to the team

  • Brett Tomkins
    Partner - Auckland
  • Jacqueline Robertson
    Partner - Wellington

Talk to the team

  • ExternalURL
    ESG reporting
    Supporting informed decisions
  • ExternalURL
    Climate change and sustainability
    Design implications of linking emissions trading schemes and the impact on business
Stay connected:
Get connected
Share your comments


More on Deloitte
Learn about our site