NEWSLETTER: Walking you through changes in sustainability reporting
Daniel Wellington's global offices, warehouses and retail stores powered by wind and solar power
Daniel Wellington (DW) is on a sustainability journey and for 2021 DW matched 85% of electricity consumption with renewable energy produced in the same market as the electricity was consumed. The remaining 15% without local certificates were matched with extra renewable purchases in other markets. Guarantees of Origin were used for Europe and International RECs (I-RECs) for other parts of the world. DW is collaborating with ECOHZ to reach 100% local renewable electricity globally.
Find the right Sustainability Solutions to reduce emissions
Credible climate action boosts your ESG profile, strengthens your brand reputation, attracts talented employees and improves business value. But what are the different sustainability solutions in the market? Answer three questions and based on your targets we suggest solutions to reduce electricity emissions, emissions in supply chain or ways to achieve net zero.
ECOHZ is closely following the changes to the RE100 technical criteria:
1) Making AIB membership the market boundary for Europe. 2) Accepting physical cross-market procurement when certain conditions are met. 3) Introducing a 15-year limit on commissioning dates. The consultation closed on 27 May 2022 and the next planned update of the criteria will be published in March 2023. Our response is aligned with that of RECS International.
E-world is Europe’s leading international energy fair, and ECOHZ will be there. Come find us in Essen, Germany, from June 21st to 23rd in the Smart Energy Hall, 5-401. Contact us to meet at the fair. We will exchange news and views, discuss the latest market developments and learn more about innovative renewable energy solutions!
Proposal for mandatory carbon emission reporting for corporate businesses in the US
An increasing number of countries are making emissions reporting mandatory for corporate businesses. In the US, a proposed rule change requires all listed companies to report their yearly emissions. If adopted, it would provide investors with consistent, comparable and decision-useful information for making their investment choices. The proposed rule is open for comment until June 17th. GHG emissions are increasingly being used as a quantitative metric to assess a company’s exposure and potential financial effect of climate-related risks.
Did you miss our webinar `The rising trends in the global renewable energy market'?
This month we had a 30 min webinar with an update on the I-REC market with developments and trends. We discussed new countries made available for I-REC purchases, RE100 reporting guidelines and introduced how you can reduce emissions in your supply chain with I-RECs. If you would like to have more information on the I-REC market and get the recording of the webinar, contact us.
ECOHZ is strengthening its digital competence with new eCommerce Manager Bjørn Erik Myrland, Software Product Manager Kamila Herezinska and Senior Key Account Manager Arturo Sanchez.