Transforming Corporate Carbon Footprints:
Revisiting Energy Procurement including Grid Electricity emissions, considering newer purchase dynamics.
The GHG Protocol has unveiled a new guidance for companies to measure emissions from purchased electricity, thereby making it the first major update to the GHG Protocol Accounting and Reporting Standard. This takes into consideration the rapid growth of renewable energy, and other major shifts in the electricity markets, bringing in four years of global collaboration in to this guidance.
BSE and the India GHG Program have taken the lead to introduce the Scope 2 Guidance to businesses in India on February 20, 2015. Knowledge partners on the GHG Protocol - World Resources Institute and World Business Council for Sustainable Development (WBCSD), as well as program partners The Energy & Resources Institute (TERI) and Confederation of Indian Industry(CII) are also supporting this launch to be held in Mumbai.
At the event, participants will learn about the new GHG Protocol Scope 2 guidance, released by the World Resources Institute. Four years in the making, the Scope 2 Guidance developed in consultation with over 200 representatives from companies, electric utilities, government agencies, academics, industry associations and civil society groups in 23 countries, represents a collaboration to harmonise methods for how companies report greenhouse gas (GHG) emissions from purchased electricity, steam, heat, and cooling (called Scope 2 emissions). The clarification companies will gain from this publication has the potential to transform energy buying practices in the corporate world.
These new requirements reinforce the precision and consistency of emissions reporting and recognize the diversity of market instruments and supplier arrangements.
For other queries and questions, please write to Vivek Adhia (vivek.adhia@wri-india.org) or Karishma Shelar (karishma.shelar@wri-india.org)
Participation is open to all but prior registration is mandatory. REGISTER HERE
Event Schedule
11:30 am: Inaugural Address
- Shankar Jadhav – Head of Strategy; BSE
11:35 am: Background Landscape in the Indian Context
Business Implications regarding Greenhouse Gas Emissions and the new trends in electricity purchase
- Dr. Dipankar Sanyal, CEO TERI BCSD
11:45 am: Transforming Corporate Carbon Footprints - Industry Panel Discussion
Current Challenges in Estimating Grid Emissions given the on-going transformations on Renewable Energy Purchases/Credits, Change in the Structure of Grid Energy Consumption, Double Counting etc.
- Moderated by Mr. Joe Phelan – Director WBCSD India
Panellists
- Mr. Arunavo Mukherjee - VP Advisory Services, Tata Cleantech Capital
- Ms. Deeksha Vats – SVP, Sustainaility, Aditya Birla Group
- Mr. Damandeep Singh – Director, CDP India
- Mr. Srinath Komarina – SVP, Responsible Banking, Yes Bank
12:45 pm: Formal Launch of Guidance
Salient Features, Update in Scope 2 emission calculations, sample case studies etc.
- Mr. Pankaj Bhatia, Director – GHG Protocol
1.10 pm: Closing
- Mr. Shailesh Sreedharan, Director – Projects, WRI India
1.15 pm onwards: Networking Lunch and Media Interactions
Location: BSE INTERNATIONAL CONVENTION HALL, P.J. Towers, Dalal Street, Fort, Mumbai
