Assurance & Third-Party Verification
We have experience providing assurance to our clients, having done so over multiple years for FTSE Global 100 Organisations.
We follow ISO14064-3 to provide limited assurance to your corporate Greenhouse Gas Emissions.
Externally-validated emissions helps to satisfy regulatory pressure and preempt any corporate risk from emissions disclosure
We have experience providing assurance to our clients, having done so over multiple years for FTSE Global 100 Organisations.
We follow ISO14064-3 to provide limited assurance to your corporate Greenhouse Gas Emissions.
Externally-validated emissions helps to satisfy regulatory pressure and preempt any corporate risk from emissions disclosure
Many large organisations either complete their own emissions calculations or already have a carbon accounting vendor, still, those calculations often need to be assessed externally for submission to various organisations like SBTi, CDP or forthcoming EU regulation.
Carbon Responsible has deep experience providing assurance to our clients.
Assurance Services provide organisations with an increased level of comfort relating to the accuracy of their calculated and reported carbon emissions. Whether your organisation creates your own emissions baseline or you use another vendor, Carbon Responsible can help to ensure that your calculations truthfully convey what your emissions are. We have completed aduit-grade assessments of the emission measurement programmes of FTSE global 100 companies for multiple years in a row, and are keenly aware of how to conduct a thorough analysis to equip you with the confidence needed to satisfy regulatory pressure.
Many framework organisations, like CDP, as well as regulatory bodies, such as the EU’s new CSRD guidelines, require or will soon require externally-validated emissions. Having Carbon Responsible deploy the ISO14064-3 standard and assessing your carbon profile through that lens allows us to pinpoint any issue areas or gaps in reporting that might represent a corporate or repetitional risk.
As Carbon Emissions reporting frameworks continue to evovle toward a level of standardisation akin to financial reporting, more companies will be required to have externally-validated emissions. For many years, our industry has allowed organisations to publish emissions data without certification. At Carbon Responsible, we’re proud to say our measurement programmes have been audit-grade accurate for over a decade.
Case Study
Harmonising a private equity portfolio and driving down emissions
Situation
As a signatory of the PRI, Horizon Capital knew that decarbonisation and ESG metrics where high on the list of strategic initiatives the firm needed to accomplish. Yet, the emissions calculations at each of their portfolio companies differed, not only in ambition but also in methodology. This made reporting for PRI and disclosing emissions publicly somewhat risky. Seeking a partner to harmonise reporting, develop decarbonisation strategies and expand reporting categories, Horizon Capital retained Carbon Responsible.
Solution
Carbon Responsible worked directly with each portfolio company to develop and align new reporting streams, consistent data methodology, and up-skilled portfolio colleagues in carbon management, ensuring highly accurate and reliable data was collated and that ownership for carbon reduction was driven into portfolio companies. Carbon Responsible aggregated and reviewed all emissions data across the entire portfolio and verified its accuracy. We also developed forward year data gap analysis that help portfolio companies develop a journey toward self-sufficient and broad emissions reporting.
Value Delivered
After verification of all data, Carbon Responsible issued portfolio company level reports to each asset, as well as an overall corporate and portfolio emissions report to Horizon Capital. This reporting satisfied multiple regulations and frameworks, namely SECR and PRI. Post-reporting workshops helped to keep up momentum within portfolio companies to drive adherence to decarbonisation plans and reporting requirements.
tCO2e calculated across the portfolio.
reduction in total emissions since 2021 (including investment emissions).
increase in Scope 3 category reporting across all portfolio companies.