Climate Change A System based Green House Gas Accounting Dinesh Shetty

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1 ISO 14064:2006 Climate Change A System based Green House Gas Accounting Dinesh Shetty

2 Our earth from space. 2

3 Our Earth once upon a time BOULDER GLACIER IN

4 Our Earth now..? AN ICE CAVE IN BOULDER GLACIER towered over visitors in 1932; by 1988, the glacier was virtually gone. If global warming continues at its current rate, the rest of Glacier National Park's namesake formations could disappear by 2030; even with no additional increase in temperatures, they will likely vanish by Source: 4

5 Our Earth our future? Choice is ours!!! Back to Stone age or plastic age? 5

6 GHG Emissions by world Year

7 Global GHG emissions Major Sectors 7

8 Objectives of ISO 14064:2006 To enhance environmental integrity by promoting consistency, transparency and credibility in GHG quantification, monitoring, reporting and verification To enable organizations to identify and manage GHG-related liabilities, assets and risks To facilitate the trade of GHG allowances or credits To support the design, development and implementation of comparable and consistent GHG schemes or programmes 8

9 ISO What is ISO ? ISO basically is a standard that specifies: Principles Requirements for quantification and reporting of GHG emissions and removals. including requirements for Design, Development, Management, Reporting and Verification. an organization's GHG inventory. Applicability Throughout its principles, procedures and requirements the standard provides clarity and consistency on developing GHG inventories and related documents, reports, methods of development. It benefits organizations, governments, project proponents and stakeholders worldwide. 9

10 Why ISO 14064: Is GHG Management Important? Are key stakeholders interested / concerned about GHGs emissions? (customers, investors, your BOD, etc.) Does organization s have GHG risks & opportunities (major emission sources, duty of care) brand / public Image? Compliance to legal requirements / competitiveness / business risk? Does organization know: GHG footprint? (facilities, main operations, products) GHG reduction opportunities? (upgrades, new technologies, offset projects, climate-friendly products) Does organization need to know how to manage GHG s? 10

11 General Benefits of ISO 14064:2006 Enhance the credibility, consistency, and transparency of GHG accounting and reporting; Increase investor confidence; Facilitate the certification and trade of GHG emission reductions or removal enhancements; Facilitate the development and implementation of organization GHG management strategies and plans; Allow entities to track performance and progress in the reduction of GHG emissions and/or increase in GHG removals; Assist in the identification of GHG risks or liabilities; and Facilitate the development and implementation of GHG projects 11

12 Current Market Drivers legislation liability fiscal and policy measures public image energy costs 12

13 Existing Standards for Carbon Footprinting ISO : 2006 Series GHG Protocol PAS

14 Pitfalls Low awareness among users about the advantages Low pressure from the Policy/regulations Lack of competent advisors/consultants for implementation Lack of technical data like local Emission Factors like in UK. New Zealand, Australia, Ireland etc Low penetration in top management of the Corporate. Lack of incentives schemes for small and medium enterprises like in Singapore, Thailand etc Slow progress in implementation of National Emission Trading Schemes launched in January No administrative mechanism for MRV. 14

15 Actions to gear up Industry to face competition Create awareness among industry fraternity like seminar Promotion/creation of national emission factors Incentive schemes for small and medium enterprises Competency /capacity building like pool of advisors/consultants 15

16 Launch of ETS in India An Alternate scheme to CDM? 16

17 Services Delivered so far Sr, No. Client Location Sector Status 1 Welspun Sysntex Ltd India Textile Completed 2 Pacific Controls Dubai Dubai Software Completed 3 Welspun India Ltd India Textile Ongoing 4 Welspun Global India Textile Ongoing 5 SRF - Chemical Business Ltd India Chemical Completed 6 Indian Oil Corporation - Mathura India Refinery Completed 7 Indian Oil Corporation - Haldia India Refinery Completed 8 Indian Oil Corporation - Gujarat India Refinery Completed 9 Indian Oil Corporation - GuwahatI India Refinery ongoing 10. Indian Oil Corporation-Barauni India Refinery Completed 11. Zydus Cadila India Pharma ongoing 17

18 Verification Process Flow Chart Sr. No. Timeline Task By 1 Starting Date Receipt of Contract & GHG Report. BVC 2 Starting Date + 1 Week Submission of Draft Checklist to Reporting Organisation (RO) BVC 3 Submission of Draft Checklist + 1 Week Submission of Information as per the Draft Checklist RO 4 Submission of Information + 1 Week Verification andanalysis of Information BVC 5 Verification & Analysis + 1 Week Site Visit, Interviews & Discussion with RO BVC 6 Completion of Site Visit + 1 Week Submission of Draft Verification Report (DVR) BVC 7 Submission of DVR + 1 Week Responses to DVR RO 8 Response to DVR + 1 Week Checking the Responses BVC 9 Check Response + 1 Week Submission of Final Verification Report BVC 10 Submission of Final Report + 1 Week Internal Technical Review (ITR) BVC 11 ITR + 1 Week GHG Verification Report and Certification of GHG Performance BVC 18

19 Bureau Veritas at your services Dinesh K Shetty Manager GHG Program Bureau Veritas Certification India P Ltd 6th Floor, Marwah Centre, K Marwah Marg, Opp. Ansa Industrial Estate, Off. Sakhi Vihar Road, Andheri - East, Mumbai E mail: dinesh.shetty@in.bureauveritas.com Phone Fax: Cell

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