Equitech offers an affordable Carbon Management Program for most small, medium and large sized companies with enormous benefits from economic savings to intangible gains including Green Branding, Corporate Social Responsibility benefits and Ethical business policies. The benefits are outlined as follows: · Cost savings: Save energy, reduce fuel consumption and other operational costs · Compliance: Meet your legal responsibilities where applicable · Market development : Improve your competitiveness, stay one step ahead of the market · Stakeholder management: Implementation of Corporate Social Responsibility objectives, enhances staff morale with a feel good factor – assisting to attract and retain employees and investors · Sales: Enhances corporate image giving you a competitive advantage · ‘Branding’: Green and Ethical The Equitech Carbon Management Program consists of following different procedures Carbon Auditing: Carbon Auditing: Equitech follows strict guidelines for Carbon Auditing and adheres to the Greenhouse Gas Protocol (GGP) which is the most widely tool to quantify green house reduction. Carbon Auditing is a series of following steps: Compilation of GHG inventory: “What gets measured gets managed” – GHG protocol Thus, compiling a GHG inventory is the most important step in the direction. Businesses cite following reasons for compiling an accurate GHG data: • Managing GHG risks and identifying reduction opportunities • Public reporting and participation in voluntary GHG programs • Participating in mandatory reporting programs • Participating in GHG markets • Recognition for early voluntary action Determination of the Organizational boundary: This will result in to emissions accounting and reporting under equity approach and control approach. Setting up of operational boundaries: This involves identification of emissions under Direct Emissions or Indirect emissions using Three Scope principle laid down by GHG accounting and reporting purposes. Calculation of GHG emissions: § Identify GHG emissions sources § Select a GHG emissions calculation approach § Collect activity data and choose emission factors § Apply calculation tools § Roll-up GHG emissions data to a corporate level. Reporting: It is very important that the GHG report • Is based on the best data available at the time of publication, while being transparent about its limitations • Communicate any material discrepancies identified in previous years • Include the company’s gross emissions for its chosen inventory boundary separate from and independent of any GHG trades it might engage in. Carbon Reduction: Once the emissions are audited, companies can decide the extent to which they can reduce their emissions. This will depend on various factors including legislations and the ability of the company to cut emission. Equitech will work with the companies to help them determine their carbon reduction goals depending on such factors. It will than recommend ways to reduce and offset the remaining emissions. Following are the different steps involved § Determination of extent of carbon reduction (Reduction from previous years, competitive reduction to gain edge in the market, complete carbon neutral). § Technological methods (Energy management, Material management) and behavioral methods (Reduce/Recycle/Reuse). Equitech is well known in the Asian biofuels sector and offers tested and widely used technological solutions to reduce GHG emissions and energy consumption. § Offset remaining emissions with the help of organizations like the PATT Foundation (Plant A Tree Today www.pattfoundation.org) who are involved in Tree planting, afforestation and reforestation with micro-credit for social empowerment and sustainability.. § Accounting for reduction § Reporting For more information on how Equitech can help you with your Carbon Management please contact us via our online form.
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