Carbon neutrality, often referred to as net-zero emissions, is a straightforward concept: it means balancing the amount of carbon dioxide released into the atmosphere with an equivalent amount removed.
To do this, an organisation first needs to understand this carbon footprint. We are typically through actions like reforestation or investing in renewable energy. Achieving carbon neutrality is essential in the fight against climate change, as it helps limit global warming and its harmful effects, making it a vital goal for individuals, businesses, and governments worldwide.
Carbon footprint verification, also known as greenhouse gas (GHG) verification, is a critical process involving an independent assessment of a company's emissions data and efforts to reduce its carbon impact. Its significance is growing as regulatory bodies like the Securities and Exchange Commission (SEC) in the United States and the Corporate Sustainability Reporting Directive (CSRD) in the European Union increasingly acknowledge its importance. Both the SEC and CSRD are stressing the necessity for precise and transparent carbon footprint reporting within broader sustainability disclosure requirements.
These regulations are designed to ensure that companies offer dependable information to investors and the public, enhancing accountability.
To navigate voluntary carbon markets well, guidance is essential. These markets play a vital role in reducing promoting sustainability, but their complexities can be challenging for those without prior experience or knowledge, and improper engagement can incur serious risks and issues.
Guidance helps participants navigate these complexities and risks, for example understanding due diligence and verification, vintages, and reducing greenwashing risks by choosing projects that genuinely benefit the environment while ensuring that carbon credits align with company objectives.
Accurately measuring emission reductions, selecting suitable projects, and understanding market dynamics are essential to enhance the credibility of carbon neutrality efforts and the reputational gains they bring.
As experienced brokers for major shipping companies, we specialize in connecting reliable emission reduction projects with buyers. Carbon credit brokering relies on trust and transparency, and we only propose projects run by principals who we have carefully vetted.
Our role includes guiding clients through verification, pricing, regulations, and project evaluations.
Our aim is to ensure clients maintain environmental integrity and make informed choices while navigating this complex landscape.
ESG Supply Chain Due Diligence is gaining significant importance in the global business landscape, driven by regulatory developments like the Norwegian Transparency Act, the Corporate Sustainability Due Diligence Directive (CSDDD), and the German Supply Chain Act. These regulations mandate heightened transparency and responsibility in supply chains. The Norwegian Transparency Act, for instance, requires large companies to report on how they address human rights, environmental, and social concerns in their supply chains. The CSDDD, proposed by the European Commission, aims to establish a comprehensive framework for due diligence obligations in supply chains across the European Union. Similarly, the German Supply Chain Act mandates companies to take steps to identify, prevent, and mitigate human rights and environmental risks throughout their supply chains. These regulations collectively underscore the growing significance of ESG Supply Chain Due Diligence in ensuring ethical and sustainable business practices on a global scale.
We have developed fully tailored due diligence systems for several high-profile clients.
The Task Force on Climate-related Financial Disclosures (TCFD) addresses a critical regulatory need by providing a clear framework for companies to disclose climate-related financial risks and opportunities. This disclosure is required by the majority of upcoming ESG regulations worldwide.
We have developed workshops and materials to ensure a company can disclosure aligning with TCFD guidelines helping organizations disclose their climate-related information in a consistent and comprehensive manner, enabling regulators and market participants to evaluate and respond to climate-related risks more robustly.
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