GHG (Scope1 and Scope 2 Assessment)
A Greenhouse Gas (GHG) assessment is an evaluation of the amount of greenhouse gases emitted by an organization, typically expressed in terms of carbon dioxide equivalents (CO2e). The assessment typically includes the evaluation of three different types of GHG emissions, known as Scope 1, Scope 2, and Scope 3 emissions.
Scope 1 emissions are direct emissions from sources that are owned or controlled by the organization, such as emissions from company-owned vehicles or emissions from manufacturing processes.
Scope 2 emissions are indirect emissions from the generation of purchased electricity, heat, or steam consumed by the organization.
Scope 3 emissions are all other indirect emissions that are not included in Scope 2, such as emissions from the production of purchased goods and services, employee commuting, and waste disposal.
Carbon Neutrality Assessment
Carbon neutrality assessment is a process of evaluating the carbon footprint of an entity or activity and determining the measures necessary to achieve carbon neutrality. It involves the identification, measurement, and reduction of greenhouse gas emissions (GHG) produced by an organization, product, or service.
Product Carbon Foot Print
A product carbon footprint refers to the total amount of greenhouse gas (GHG) emissions that are produced throughout the lifecycle of a particular product, from the extraction of raw materials to the disposal of the product at the end of its life. This includes the GHG emissions associated with the production, transportation, use, and disposal of the product.
Life Cycle Assessment
Life cycle assessment (LCA) is a methodological framework used to evaluate the environmental impacts associated with all stages of a product's life cycle, from raw material extraction to disposal. It is a comprehensive analysis that considers the environmental impacts of a product's production, transportation, use, and end-of-life treatment.
The LCA typically involves the following steps:
Goal and scope definition
Inventory analysis
Impact assessment
Interpretation
LCA is a valuable tool for identifying the environmental hotspots in a product's life cycle, and can help inform decisions related to product design, production processes, and end-of-life treatment options.
ENVIRONMENTAL PRODUCT DIRECTIVE
The Environmental Product Directive (EPD) is a standardized method for evaluating and reporting the environmental performance of products throughout their life cycle. It is a type III environmental declaration, which means it is based on independent verification and provides information on a product's environmental impact that is consistent, transparent, and scientifically credible.
The EPD is based on the international standard ISO 14025, which provides guidelines for the development of Type III environmental declarations. The EPD includes a set of product category rules (PCR), which specify the rules and procedures for developing the environmental declaration for a specific product category.
The EPD provides information on a product's environmental impact in a variety of categories, such as greenhouse gas emissions, water consumption, and waste generation. This information can be used by consumers, businesses, and government agencies to make informed decisions about the environmental impact of products and to compare the environmental performance of different products within the same category.
Green Building / LEED CERTIFICATION ADVISORY
Green building refers to the practice of designing, constructing, and operating buildings in an environmentally responsible and resource-efficient manner. Leadership in Energy and Environmental Design (LEED) is a globally recognized certification program for green building, developed by the US Green Building Council (USGBC).
LEED certification evaluates buildings across several categories, including energy efficiency, water conservation, materials selection, indoor air quality, and sustainable site development. Points are awarded in each category, and the building is awarded a certification level (Certified, Silver, Gold, or Platinum) based on the total number of points earned.
ISO 50001- ENERGY MANAGEMENT
ISO 50001 is an international standard that provides a framework for organizations to establish, implement, maintain, and improve an energy management system (EnMS). The standard is designed to help organizations of all sizes and sectors to improve their energy performance, reduce their energy consumption, and lower their energy costs.
ISO 50001 provides a structured approach to energy management, with a focus on continuous improvement. The standard sets out requirements for establishing an EnMS, including:
Developing an energy policy and establishing energy objectives and targets
Identifying and evaluating energy performance indicators
Establishing an energy baseline and setting energy performance improvement targets
Developing and implementing an action plan to achieve energy performance improvement targets
Monitoring and measuring energy performance, and reporting on energy performance improvement
ISO 50001 is based on the Plan-Do-Check-Act (PDCA) cycle, which is a framework for continuous improvement. The standard can be used by any organization, regardless of size or sector, and is compatible with other management systems standards, such as ISO 9001 and ISO 14001.
ENERGY AUDIT AS PER BIS
An energy audit is a process of evaluating the energy consumption of a building or facility to identify areas of inefficiency and opportunities for energy savings. The purpose of an energy audit is to identify ways to reduce energy consumption, increase energy efficiency, and lower energy costs.
An energy audit typically involves the following steps:
Data collection
On-site inspection
Energy analysis
Report and recommendations
The energy audit can be a valuable tool for identifying areas of energy waste and inefficiency, and for developing a plan to reduce energy consumption, increase energy efficiency, and lower energy costs.
Taskforce On Climate Related Financial Disclosure
The Task Force on Climate-Related Financial Disclosures (TCFD) is an initiative established by the Financial Stability Board (FSB) in 2015 to improve and standardize climate-related financial disclosures by companies. The TCFD was created in response to concerns that climate change presents significant financial risks to companies, investors, and the financial system as a whole, and that existing financial disclosures may not adequately account for these risks.
The TCFD provides recommendations for companies to disclose climate-related risks and opportunities in their financial reporting. These recommendations cover four areas: governance, strategy, risk management, and metrics and targets. The TCFD encourages companies to disclose information on their greenhouse gas emissions, climate-related risks and opportunities, and the resilience of their strategies to different climate scenarios.