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We are moving inexorably towards a carbon-constrained economy, both nationally and internationally. In Europe, many companies have participated in the EU Emissions Trading System (EU ETS) since 2005. This has resulted in new opportunities and challenges, but also in new legal requirements.
Carbon management facilitates an organisation in understanding its assets and liabilities in terms of greenhouse gas (GHG) emissions. The Ecofys Carbon management approach is a structured 5 step-process that can help making strategic decisions by weighing up financial and non-financial risks as well as opportunities associated with a carbon-constrained economy. This approach also incorporates other considerations such as corporate image, marketing strategy and other key internal management issues. The ultimate goal is to make ‘carbon’ an integrated part of the decision-making processes in the organisation.
In addition to these strategic considerations, installations covered by the EU ETS also have to meet many obligations under national and European GHG emissions regulations. Non-compliance may result in suspension of the right to trade emission allowances and credits. In addition, a shortage of emission allowances will lead to a penalty of €100 per allowance. Securing compliance with all the requirements and keeping up-to-date during the entire trading period can tie up resources and lead to substantial internal costs.
Ecofys has been helping companies prepare for and participate in the EU ETS since 2003.
Our services include:
• Developing and implementing systems for monitoring and tracking emissions
• Analysing the uncertainty of the monitoring system
• Communicating with the verifier and competent authority
• Reporting verified emissions to national authorities annually
• Submitting EU allowances to national authorities in a timely manner.
• Continuously monitoring and reporting greenhouse gas emissions
• Preparing trading strategies
• Selecting trading partners and preparing contracts
• Selecting the best place and time for trading emissions
• Ensuring that the JI/CDM limit for surrendered EU allowances is not exceeded.
The Ecofys Carbon Complete Service takes care of all regulatory requirements with respect to Emissions Trading and GHG reporting, including guarantees of compliance with national and international regulations -- all for an affordable fixed annual fee. This can include optional regular workshops to keep clients informed of current legal and political developments in the field of EU-ETS and climate change.
Carbon management references:
Ecofys has developed carbon management strategies for a wide range of companies including: GlaxoSmithKline, Kraft food, Welsh Water, ACC Milk, AkzoNobel Decorative Coatings, Amsterdam Airport Schiphol, Arts Council, Marstons, PRUPIM and Pizza Hut.
Carbon complete service references:
Porsche AG, INA Schaeffler, MTU Friedrichshafen, HEAG Südhessische Energie AG, Deutsche Foamglas, Huthamaki Germany, LVR Bedburg, INEOS Paraform Mainz, Eurocopter, E.ON Göttingen, S.E.I. Servizi Energetici Integrati S.p.A., Enerbiella S.c.p.A., Gruppo Cordenons S.p.A., SPM Servizi Porto Marghera, Abet Laminati S.p.A., NUFRI SAT, Rofeica Energia, Juan Romani Estere, RADPEC, Kompania Piwowarska S.A. and TREND GLASS PLC.
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