New protocol enables FTSE firms to formally report on greenhouse gas emissions

emissionsChanges to key greenhouse gas reporting rules now provide new opportunities for large organisations to show they have reduced their carbon impact by using biomethane.

The Greenhouse Gas Protocol is the global standard against which large organisations measure, manage, and report emissions.

In a major breakthrough the GHG Protocol has recently recognised that Green Gas Certificates, issued by the Green Gas Certification Scheme (GGCS), can support a business’s reporting of onsite GHG emissions.

Through the use of Green Gas Certificates, which track the use of grid-injected biomethane, companies can now report near-zero GHG emissions for gas combusted onsite due to the biogenic nature of the biomethane being sourced.

These changes are also backed by the Carbon Disclosure Project, which monitors and ranks companies according to greenhouse gas reductions. The CDP’s latest UK annual report states that 232 companies out of the FTSE-350 now disclose their emissions.

The GGCS liaised closely with GHG Protocol team, based in Washington, and the CDP, to ensure that its Green Gas Certificates fulfil the reporting criteria of the Protocol. Research undertaken by leading environmental consultancy Ecofys for the GGCS helped ensure that the Scheme complied with the Protocol’s rules.

Virginia Graham, who runs the Green Gas Certification Scheme, said: “Together with Ecofys we have worked to navigate and understand the complex rules against which large organisations report their greenhouse gas emissions.

As a result of our joint efforts we are now clear that these organisations can use Green Gas Certificates from our scheme as part of their corporate GHG reporting. As a result companies, such as Sainsburys, are now using Green Gas Certificates as part of their GHG reporting strategy.”

For example, Good Energy has announced that 6% of its green gas supply is made up of biomethane injected to the grid. This biomethane is sourced from UK anaerobic digestion plants registered through the Green Gas Certification Scheme.

Good Energy is using Green Gas Certificates as evidence that the biomethane has been injected, and that it has not been double counted in any way.  

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