We put our client on the right path to accuracy and better standards.
How do you make sure your environmental impact report is accurate and aligned to your 30-year commitment to driving down greenhouse gas (GHG) emissions?
Our client – a chemical producer – approached us with this challenge. It needed experts who could identify whether its current and future asset acquisitions aligned to its commitment of tackling emissions and improving efficiency.
Accuracy and integrity as our mandate
We carried out a review of our client’s reporting tools and environmental engineering standards. We then created an Environmental Impacts Screening tool, which analyzes the environmental opportunities and limitations of new assets. This gave our client the right methodology and scoring system, including the ability to assess the practicality and risks involved in asset acquisition.
Our advisory team also ran a comparative analysis of external and internal reporting tools and strategies and benchmarked against industry standards. This analysis gave our client an overview of its competitors, regulators and policies.
Finally, we delivered an analysis of emerging trends relevant to our client. This was reinforced by a list of GHG regulations and standards. We made specific corrections to GHG accounting methods and aligned policy with eight separate regional and global GHG reporting standards.
Improved standards and performance
Our findings and recommendations have been integrated into our client’s existing engineering standards. As a result, it can make enhancements to both new and existing projects. These will improve ESG performance with stringent screening processes for acquisitions.