Your company has just announced these big, ambitious Net-zero is a term meaning to get to zero emissions, there is no current standard on what getting to net-zero means. For governments a net-zero target is one that covers all scope 1 emissions in their jurisdiction. For business it usually covers scope 1 and 2 emissions, although some companies also include some scope 3 emissions. The Science Based Targets Initiative is currently working on a standard for companies. More goals involving offsets and everyone’s excited; but there’s one giant question, how will you make this happen?
Navigating the different programs, mechanics of the certificates and offsets, plus all the rules can seem complicated. During this webinar, our carbon strategy and offsetting experts will take you through all the basics, the role carbon offsets play in your decarbonisation journey, the rules and you will leave with practical sector-specific advice.
Northmore Gordon is a carbon and energy consultancy in Australia and South East Asia. Over the past few years, we have seen a clear trend with more and more businesses developing roadmaps and strategies for moving towards a carbon-neutral operation – we hope providing webinars like this can assist businesses in making better energy efficiency decisions as we near closer to our 2030 targets.
In this webinar, we discussed:
- The Basics
– What is an offset?
– Why are they important and why you should be offsetting
– Options for certification
– Verified vs unverified offsets
– Buying offsets
– Pricing and market dynamics
- Different types of certificates
– Types of offsets or certificates and how to use them
– Scope 1, 2, 3 emissions
– Availability of international offsets
– Selling to government (The Emissions Reduction Fund is a voluntary scheme that aims to provide incentives for a range of organisations and individuals to adopt new practices and technologies to reduce their emissions. More) vs 3rd party
– Availability and treatment of international offsets
- Rules of different programs & the mechanics of how to surrender certificates for an offset
– Climate Active is an accreditation program for Australian companies to certify their organisations, products, services, events, buildings or precincts as carbon neutral. The program is backed and administered by the Australian government. Companies have to measure their scope 1, 2 and material scope 3 emissions, reduce where possible and offset the remainder by purchasing and retiring offsets. Allowed offsets are LGCs for scope 2 and ACCUs, CERs, RMUs, VCUs or VERs for scope 1 or 3 emissions. Annual reporting is required and published on the Climate Active website. vs Science Based Targets initiative More vs CERT
– Eligible RECs and offsets
– Traceability of the offsets
- Roadmap of certificates for businesses
– Different levers before using offsets
– Roles of certificates in a decarbonisation strategy
– Introductory overview of how offsets are treated
- Case studies and Q&A
About the Presenters:
Alan Wuyi Wang – Alan, B.Eng (Electrical), Hons, Certified Measurement and Verification Professional, see M&V. More, CEM is an Electrical Engineer with over 7 years experience in the energy field, specialising in industrial and large commercial energy efficiency, process engineering, waste treatment process, carbon strategy, renewable electricity, bioenergy and cogeneration projects. Technical expertise includes measurement and verification, energy management, energy efficiency opportunity assessments and feasibility, business case studies and government grants, Australian energy market, lighting designs, certificates and carbon credits, and digital data platforms.
Patrick Blain – Patrick holds a Bachelor of Engineering in Mechanical & Manufacturing and a Bachelor of Science from the University of Melbourne.
His previous experience includes project management, project engineering, and quality assurance across the Oil & Gas, Healthcare, Building Services, and Infrastructure sectors. Patrick is also a Certified Measurement and Verification Professional (CMVP).
Chris Warris – Chris has over 20 years of experience working in a variety of roles across different industries such as power generation, oil and gas, academic research, sustainability and energy management and consulting. Chris has worked on a range of energy and carbon management projects including Energy Audits of large industrial & manufacturing facilities, food processing facilities, commercial office buildings, hospitals and aged care facilities; energy simulation modelling for BCA and National Australian Built Environment Rating System More Energy assessments; Greenhouse gas assessments and Energy & Carbon Management Program implementation.
Trent Hawkins – Trent, B. Eng (Mech), is an experienced sustainability advisor in the food, fibre, and beverage sectors. Trent is passionate about partnering with producers and manufacturers to improve energy performance and decarbonise. Expertise includes energy and carbon strategy development, energy management systems, energy auditing and opportunities assessments, and project implementation support. Trent has a particular interest in decarbonisation of thermal energy systems through electrification, heat recovery, and waste to energy, and is a recognised leader in the industry investigating alternatives to fossil fuel energy systems.