Benefits of Verification
GASTEC at CRE (GaC)
Participants in UK ETS
- Trading - To be allowed to sell extra CO2 there has to be robust verification of companies' emissions data by an independent third party, eg c:sense.
- Risk Management - Even if you do not wish to trade, external verification by c:sense will give assurance that your data is correct and gives protection should you be audited.
- Image - Your shareholders, employees, customers and the public will see that your commitment to energy reductions is real. It can form part of your environmental or energy plan reports, and help when seeking accreditation.
- Improvements - Verification will help identify measures for energy saving, environmental gains and/or process improvements offering tangible benefits.
Participants in the EU ETS
- Mandatory - If your business falls within the scheme, then you must have your emissions data verified, eg by c:sense.
- Opt-out? - Even if you are allowed to opt-out of the first phase of the scheme, because you are participating in the UK scheme, verification will still be necessary.