COMMON QUESTIONS ANSWERED
Our consultants have hands-on experience planning, implementing, and managing various sustainability initiatives, so we understand exactly what you need.
Why does a company need GHG Management?
Organizations that communicate strong sustainability performance enjoy a range of benefits, such as positioning advantages, customer loyalty, more enduring revenue streams, and less employee turnover.
However, recent regulatory changes at national and global levels have intensified the need for implementing comprehensive GHG accounting and reporting practices within organizations.
- Carbon Border Adjustment Mechanism (CBAM);
- Carbon pricing framework in Malaysia;
- Requirements from supply chain members;
- Investors increasingly consider ESG factors.
Is carbon neutral the same as net zero?
How much does it cost to quantify a company's carbon footprint?
Our offer for building a company’s GHG Inventory starts at Rm 4’700 ($1000). These include data collection, quantification of emissions, and reporting (ISO 14064-1 Standard or/and the GHG Protocol). We also provide a plan for continuous improvement and develop an emissions reduction strategy.
Please note that the sum of total investments in your organizational GHG management may vary, depending on the organization’s size and structure, the complexity of the business processes, the accuracy and completeness of the accounting system, etc.
Please contact us for a free consultation to know more.
What is a Base Year?
In order to achieve a range of corporate objectives, the company may need to monitor emissions over time. Therefore, identifying organizational GHG Emissions Base Year is essential for building a company’s historical emission profile, and it serves as a “like with like” comparison tool. In other words, the base year emissions are the organizational performance benchmark.
What is Scope 1, 2, and 3?
According to the leading GHG Protocol corporate standard, a company’s greenhouse gas emissions are classified into three scopes. Scope 1 and 2 are mandatory to report, whereas scope 3 is voluntary and the hardest to monitor. However, companies succeeding in reporting all three scopes will gain a sustainable competitive advantage.
