Start Tracking GHG Emissions in 60 Days
With some companies crunched for time in trying to comply with the EPA’s new greenhouse gas reporting initiative, which took effect Jan. 1, a software maker has come up with a platfrom that can help a company begin tracking its emissions within 60 days.
Such a product offering comes at a time when corporations are under increasing pressure to measure and report their GHG emissions.
The EPA’s mandatory reporting rule means that a large number of facilities, manufacturers and product suppliers must keep track of and report their GHG emissions to the EPA, with the first reporting due on March 31, 2011, for the 2010 fiscal year.
A report from Ernst & Young reveals, in a survey of more than 1,000 U.S. public registrants with revenues between $1 billion and $100 billion, that just 29 companies disclosed an accounting policy related to emissions credits or allowances in their financial statements.
The number of organizations using enterprise carbon accounting (ECA) software is expected to increase five fold by 2011, partly driven by companies that have not traditionally invested in environmental software.
In a report from Groom Energy Solutions, eight companies were named 2010 ECA Emerging Leaders: Enablon, Enviance, Hara, IHS, Johnson Controls, PE International, ProcessMAP and SAP. Groom Energy says both Enablon and Hara are newcomers to the list, while the others were named 2009 ECA Emerging Leaders.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Energy Storage in the Fast Lane
- Alberta Firm Aims for Energy Neutral Egg Laying Barn
- The Department of Energy Seeks to Improve the Better Buildings Challenge
- Behind the Meter: The Many Advantages of Energy Benchmarking
- Telecommunications Companies Upgrade Their Approaches to Energy
- Cutting Energy Use in Fire Stations
- Revolution Lighting Signs School Districts in NY, NJ
- Green Building Boom Is Pumping Billions into US Economy, Retrofits Are Fueling the Trend