- The Kyoto Protocol entered into force on February 16, 2005, requiring the Annex B (1) countries to reduce their greenhouse gases emissions by 5,2 % during the period 2008 – 2012, in comparison with their 1990 emissions. The European Directive 2003/87/CE dated from October 13, 2003 creates a CO2 allowances trading scheme for the periods 2005-2007 and 2008-2012, starting on January 1st , 2005 and covering activities listed in Annex I of the Directive.
- A system for the MEASUREMENT, REPORTING and VERIFICATION of greenhouse gases emissions appears to be the fundamental and indispensable tool for the implementation of these two mechanisms.
- In order to meet these requirements, Entreprises pour l’Environnement (EpE) drew up in 2001 a greenhouse gases (GHG) emissions Quantification, Reporting and Verification Protocol. This protocol has been updated in 2005 to take into account the lessons learned by its implementation by companies members of EpE, and the evolution of existing documents in this field.
(1) 38 countries which signed the Kyoto Protocol and have a target to reduce their GHG emissions during the period 2008-2012.
The Protocol is characterized as follows :
- It is fully compatible with the GHG Protocol drawn up under the guidance of the WBCSD (2) and the WRI (3), and to which EpE and its members contributed. The recommendations for its implementation are based on international financial reporting standards (IFRS).
- It is also compatible with ISO normative standards related toGHG emissions inventories, with European monitoring and reporting guidelines dated from January 29, 2004, and with guidelines published by the French government.
- It is more specific and more concise than the GHG Protocol.
- Companies members of EpE contributed actively to the drafting of this protocol by providing their competences and experience.
- The purpose of the document is to guide enterprises in the quantification, reporting and verification of greenhouse gases emissions, with a view to develop an inventory of these emissions. It strives to establish the best practices for reporting annual inventories of GHG emissions.
- The basic principles that must be followed are consistency, completeness, accuracy, transparency and verifiability of data.
(2) World Business Council for Sustainable Development (3) World Resources Institute
The document comprises six parts, dealing with the following fields:
1. scope : GHG, direct and indirect emissions, operational control, outsourcing, 2. annual inventory : types of sources, exclusions, structural changes, consolidation, 3. quantification of GHG emissions : using available sector-specific protocols gathered together as appendices, 4. reporting : transparency and verifiability of data, assertions made by the management, 5. uncertainty calculation, 6. verification.
- This protocol is fully compatible with national and international existing standards.
- The 34 companies members of AERES (4) use this document to elaborate their annual GHG emissions inventory.
- Regarding the calculation of emissions from different types of sources, 16 sector-specific protocols describe the quantification methods and emission factors to be used. They are listed in § 3.9 and Annex 6 of the protocol.
(4) Association of French companies which committed themselves to voluntarily reduce their GHG emissions – www.aeres-asso.org