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Energy Attribute Certificates Systems (EACs) serve as the global benchmark for tracking and verifying renewable electricity usage.
Energy Attribute Certificate Systems (EACs) are the global standard for tracking and verifying renewable electricity usage. As tradable assets, EACs adhere to the Greenhouse Gas Protocol’s Scope 2 Guidance, enabling organizations to accurately document their energy consumption and substantially reduce Scope 2 emissions. By utilizing EACs, your organization can claim 100% renewable energy, meet RE100 and Science Based Targets initiative (SBTi) goals, and comply with environmental regulations.
Each EAC represents one megawatt-hour (MWh) of renewable energy added to the power grid. With the global target of reducing CO2 emissions by 45% by 2030, incorporating EACs into your sustainability strategy is a powerful way to advance your environmental commitments. Leading sustainability organizations, including the Greenhouse Gas Protocol and CDP, endorse EACs as best practices for sourcing renewable energy.
The EAC systems vary by region:
Energy Efficiency Certificates were introduced as a mandatory environmental measure in the EU under the Energy Efficiency Directive (EED). This directive is a crucial element in achieving the EU’s 2050 carbon neutrality goals. It focuses on rewarding energy-intensive businesses that have successfully reduced their energy consumption by making them eligible for these certificates.
Renewable Natural Gas (RNG), also known as biomethane, is a sustainable alternative to conventional natural gas. It is produced from organic waste, such as agricultural residues, food scraps, and manure. Through processes like anaerobic digestion, these materials are converted into biogas, which is then purified to produce RNG. This green gas can seamlessly integrate with existing natural gas infrastructure, offering a renewable energy source that reduces greenhouse gas emissions and supports waste management. By capturing methane that would otherwise escape into the atmosphere, RNG not only enhances energy security but also plays a crucial role in combating climate change.
Voluntary carbon emissions refer to greenhouse gas (GHG) emissions that companies and organizations choose to offset beyond regulatory requirements. These efforts aim to reduce carbon footprints, promote sustainability, and combat climate change.
Key aspects include:
Voluntary carbon offset initiatives reflect a proactive approach to mitigating climate change impacts, going beyond mandatory compliance. We can guide you through the available options and help integrate them effectively into your climate action plan.
The European Union Emissions Trading System (EU ETS) is a cap-and-trade framework designed to control and reduce greenhouse gas emissions from industries across the European Union. It establishes a cap on the total amount of greenhouse gases that can be emitted by regulated entities, such as power plants and factories.
Under this system, companies are either allocated or can purchase emission allowances, each representing the right to emit one tonne of CO2 or its equivalent. These allowances can be traded among entities, creating a market where the price of emissions is determined by supply and demand.
Our experienced team is here to help you navigate the path to sustainability. Whether you need expert guidance and market access or want to learn more about our climate solutions, we are here to assist you.
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