Companies can now quickly realise significant Greenhouse Gas (GHG) emission reductions – and boost brand value – by purchasing green electricity.
This opportunity has arisen due to key changes in the way companies are required to report GHG emissions, also referred to as their Carbon Footprint, coupled with new green electricity products on the market.
Historically, the only way companies could reduce GHG emissions under the Greenhouse Protocol was via energy efficiency and carbon reduction plans, despite any green energy purchase decisions that had been made.
Credit can now be obtained from responsible procurement of electricity, but sufficient knowledge of both energy procurement and GHG reporting is required.
Not All ‘Green’ Electricity Products Qualify
There are a number of key quality criteria that must be met before an electricity contract can be claimed as low or zero carbon under the GHG reporting rules.
With many energy companies marketing energy tariffs as low or no carbon products, it is important that these rules are fully understood before making key procurement decisions.
An assessment of the energy market by Envantage has shown that some ‘green’ electricity products do not meet this quality criteria.
These products cannot be used to reduce carbon emissions.
As many green energy products carry a premium, it is imperative that the correct product is chosen so that GHG emissions reductions can be rightfully claimed. Failure to select the correct green product could result in a costly error.
How Envantage can help
Envantage has a number of GHG reporting experts working alongside the energy procurement team to ensure that all green products are fully assessed against the quality criteria before being fixed.
If you are interested in quickly reducing your GHG emissions and boosting your corporate profile, speak to one of our consultants today. To contact Envantage, please call on 0800 054 2577 or email firstname.lastname@example.org.