Renewable Energy Procurement Portal for Scope 2 

According to the Greenhouse Gas Protocol (GHG-P), Scope 2 refers to the indirect greenhouse gas (GHG) emissions associated with the electricity, steam, heat, or cooling that a company purchases and consumes.

In simple terms, it covers the emissions that occur at the power plant, not at the company’s own facilities, but as a result of the company’s energy use.

EACs are certificates used to track and document the consumption of renewable energy. Each certificate represents 1 MWh of renewable energy and specifies how, where, and when that unit of energy was produced, allowing buyers to claim its environmental benefits, such as reduced emissions.

EACs give buyers exclusive ownership of the environmental attributes of a given volume of renewable energy, including reduced emissions. When submitting sustainability reports in line with the Greenhouse Gas Protocol (GHG-P), companies use EACs to substantiate the consumption of renewable energy, thereby reducing their Scope 2 emissions.

You should not cancel your agreement with your electricity provider. EACs are tracked and documented separately from the physical supply of electricity. You still need an electricity provider to physically supply electricity from the grid.

Cancellation means the EAC is redeemed on behalf of a specific buyer and retired from the market. Once cancelled, it can no longer be traded and can be used to support a renewable electricity or emissions claim.

Through the portal, you receive cancellation (redemption) statements from Ecohz corresponding to your EAC purchases.

Brand owners receive a complete overview of what all their entities have purchased. They can also monitor the progress of individual entities and use the reporting tool to track progress over time.

Each entity has a document repository where cancellation statements for purchased volumes are automatically stored.