LA/OC Environmental Training Center
GHG reporting is rapidly changing in the United States because of the transition from voluntary GHG inventories to mandatory reporting rules and programs. In California, there were six hundred facilities that reported their GHG emissions in 2009 to the California Air Resources Board. EPA estimates that 10,132 facilities must submit reports in 2011 under the new GHG mandatory reporting rule.
All of these facilities and their GHG inventories are subject to verification by outside parties – either a 3rd party accredited verifier or agency personnel.
Facilities and consultants who have prepared these GHG inventories and reports need to understand the verification process and how to successfully prepare before the verification begins. The goal of this training is to provide participants with the knowledge and tools to help them understand how a positive verification opinion is rendered and avoid the most common pitfalls.
In addition to the mandatory reporting rules, the Security Exchange Commission released an interpretive guidance on January 27, 2010 to clarify financial disclosure considerations for climate change impacts. Management must disclose any “material” impacts of climate change on their firm’s operations. SEC does not require 3rd party verification prior to disclosure, but prudence dictates a thorough review and evaluation by properly qualified personnel. This course can help facilities determine what constitutes verifiable data and reporting mechanisms.
You need to be aware of the latest legislation and regulatory developments as well as emerging verification issues related to GHG emission inventory, reporting and disclosure in the United States.