Global warming and climate change have come to the forefront as key sustainable development issues. Many governments are taking steps to reduce greenhouse gas (GHG) emissions through national policies that include the introduction of emissions trading programs, voluntary programs, carbon or energy taxes, and regulations and standards on energy efficiency and emissions from companies, agencies, and other stakeholders within their jurisdiction. A comprehensive and accurate GHG inventory can help companies assess and communicate their climate risk exposure and comply with GHG reporting requirements.
Since its founding in 1981, Energy Ventures Analysis (EVA) has tracked and assessed numerous environmental regulations and legislations affecting stakeholders in the U.S. energy sector and helped its clients navigate the ever-changing landscape of environmental compliance. EVA’s unrivaled expertise in the U.S. energy sector enables its team of experts to understand a company’s business process fully and accurately assess its likely sources of Scope 1, 2, and 3 GHG emissions and allows for the establishment of a comprehensive GHG inventory. EVA’s assessment methods when establishing and verifying a company’s GHG inventory are based on the latest industry standards, such as the GHG Protocol, PCAF’s Global GHG Standard, or the U.S. EPA’s GHG Reporting Standard. EVA’s unique expertise and industry knowledge also allow it to function as a third-party verification and attestation provider as required under certain company reporting requirements. Over the years, EVA has prepared numerous GHG inventory reports for its clients across the entire energy sector, including electric utility, fuel transportation, project development, and fuel-producing companies.
EVA has a proven track record in GHG accounting and reporting needs and can provide the following services:
- Identify organizational and operational boundaries and quantify scope 1 (direct GHG emissions owned or controlled by the reporting company), scope 2 (indirect GHG emissions from purchased energy), and scope 3 emissions (other indirect emissions that occur in a company’s value chain, but are not owned or controlled by the company)
- Provide detailed reporting of a company’s GHG inventory with all underlying assumptions, calculations, and results in compliance will all applicable regulatory requirements, including U.S. EPA and U.S. SEC rules.
- Verify or provide third-party verification services for a company’s established GHG inventory as an Attestation Provider
- Assist in establishing a company’s GHG emission reduction goals and identify opportunities for further emission reductions, including renewable energy sourcing alternatives and business process improvements.