CTA Watch Overview 6-18-10

Emerging Issues

Rss

Posted on August 13, 2010
Asset Performance
Learn More

Posted on August 22, 2010
Building Efficiency
Learn More

Posted on August 22, 2010
Global Asset Sustainability
Learn More

Posted On August 16, 2010
Global Energy Efficiency
Learn More

Posted On August 18, 2010
Global Energy Performance
Learn More

As organizations refine their roles to include a broad goal of carbon reduction and increased corporate sustainability, so a process of data interpretation and reporting becomes increasingly important. Pending (and in some cases existing) legislation will determine that an organization needs to accurately assess the size of its carbon footprint and take proactive steps to reduce it.

Carbon auditors, regulators, or verifiers ensure organizations are collecting and reporting their carbon emissions accurately. They wish to determine reduction performance based on actual figures versus established benchmarks across industry sectors or of those set by governing bodies. As such, the carbon verifier or auditor will need to turn to specialized software to help it to decipher carbon information and to translate real carbon reduction results.

Verisae Value for Carbon Verifiers

  • Verisae's SaaS model allows carbon emissions reports that can be accessed via the Internet
  • Security, roles and audit allows for multiple levels of access enabling auditing across organizations
  • Use of web services for data exchange to and from any number of data sources or organizations

Benchmarks are being set and plans are being made by forward thinking companies to meet the challenges of a less carbon-reliant world. Performances on either side of set benchmarks are likely to lead to significant financial considerations, either as bonuses or incentives or on the other hand as additional operating costs, penalties or fines; either way carbon auditors will be actively engaged in the process, whether they be independent, quasi governmental, or direct governmental regulatory bodies.

Verisae offers a complete Sustainability Resource Planning (SRP) platform that combines multiple business processes and systems into one enterprise wide database. Its fully functional computerized maintenance management, emissions tracking, refrigerant management and energy management systems come together to provide detailed data and reports for all concerned.

As there are presently multiple carbon reporting protocols around the world, carbon auditors should note that Verisae's system is internationalized and takes into account the different protocols established by bodies such as the Carbon Reduction Commitment, The Climate Registry, or the World Resources Institute, for example.

While a divergent set of standards currently exists, there is nevertheless a need for interpretation and verification of business performance. As legislation is fleshed out it is sure to allow for mandatory access to an organization's information. This information will include its standards and benchmarks, methodology, accounting procedures and any subsequent actions taken.