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The Engage Carbon Reduction Commitment (CRC) Administration Service is aimed specifically at organisations that require an external party to assess, administer and implement the scheme on their behalf. |
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The Carbon Reduction Commitment (CRC) is the mandatory emissions trading scheme for large non-energy intensive organisations that are not captured by existing legislation/schemes. Organisations are obligated to comply with the CRC under the terms of the Climate Change Bill. The CRC is a “Cap and Trade” scheme which restricts organisations CO2 emissions by issuing/selling a limited number of allowances.
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It is the organisation’s duty to determine whether it is impacted by the CRC during 2009. |
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Your organisation will be subject to the CRC if it: |
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has at least one meter settled on the half-hourly market; and |
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its total half-hourly metered electricity usage is greater than 6,000 megawatt-hours (MWh) between 1 January 2008 and 31 December 2008 |
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The CRC Administration Service is aimed at all organisations that are affected by the CRC including;
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the 20,000 organisations required to make an information disclosure; and |
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the 5,000 organisations that will be required to register and participate in the scheme. |
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| CRC implementation will involve different departments of an organisation, including finance, environment, procurement, etc; therefore expertise in project management, energy sector, emissions trading, compliance and data analysis is essential. |
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| We can help you to ensure that: |
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Your organisation won’t incur penalties or suffer reputational damage due to league table ranking; and |
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Your carbon reduction targets are met through accurate and timely data submission. |
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Engage can specifically help organisations; |
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assess the impact of the scheme and ensure compliance with legal requirements; |
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produce a business case, ensuring all key stakeholders are aware of reasoning, resource and effort required; |
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effectively implement a CRC strategy thus ensuring the organisation is aware of its CRC obligations; |
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establish and operate policies, processes and procedures to administer obligations under the scheme; |
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provide bespoke tools to collate, analyse and report electricity and other energy data; |
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ensure an infrastructure is place that supports compliance; and |
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provide training and ongoing support. |
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Engage Consulting has extensive experience in administering markets, developing business strategies, establishing business procedures and monitoring systems, training staff and bringing about performance improvements.
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