As businesses strive to meet their sustainability goals, many face challenges in reducing emissions, particularly Scope 2, and navigating the complex landscape of Renewable Energy Certificates (RECsI-RECs, GOs, TIGRs, LGCs, ZNECs, J-Credits). Whether aiming for net-zero, Climate ActiveClimate Active is an accreditation program for Australian companies to certify their organisations, products, services, events, buildings or precincts as carbon neutral. The program is backed and administered by the Australian government. Companies have to measure their scope 1, 2 and material scope 3 emissions, reduce where possible and offset the remainder by purchasing and retiring offsets. Allowed offsets are LGCs for scope 2 and ACCUs, CERs, RMUs, VCUs or VERs for scope 1 or 3 emissions. Annual reporting is required and published on the Climate Active website. More certification, or other sustainability commitments, sourcing renewable energy can be daunting. Northmore Gordon is excited to announce our upcoming webinar, “Unlock the Potential of RECs: Sourcing 101 and Global Strategies for Sustainability Goals,” which will address these challenges and provide actionable insights for businesses operating both globally and within Australia.
Webinar Details:
- Date: Thursday 25th July 2024
- Time: 1-2:30 pm AEST
Why Attend?
Join our expert panel as we delve into the intricacies of sourcing RECs globally and nationally to effectively manage and reduce emissions, particularly Scope 2.
Whether your company has a headquarters overseas facing local barriers or operates solely within Australia seeking Climate Active certification, this webinar will provide the guidance and knowledge you need.
In this webinar we’ll discuss:
- The Basics: Understand what is a RECRenewable Energy Certificate and how RECs
- The Role of RECs: Understanding the use of RECs in achieving sustainability commitments and reducing emissions, particularly Scope 2
- Global and Domestic Regulations: An overview of the various global and domestic regulations and guidelines for RECs, including NGERs, RE100RE100 is the global corporate renewable energy initiative bringing together large businesses committed to 100% renewable electricity. The members must be influential based on their either their brand, global presence, significant energy use or other characteristics that bring attention to their commitment. All companies must commit to purchasing 100% of their electricity from renewable sources by 2050 and purchase that power in the same location they are using it. Interim targets are 60% by 2030 and 90% by 2040. The program is led by the Climate Group in partnership with the CDP. More, SBTiScience Based Targets initiative, and Climate Active
- REC Supply Landscape in Australia, Asia & Globally: Exploring the REC supply in different countries, how it fits with your company’s goals, and the challenges and opportunities in the region
- Procurement Strategies: Gain practical advice on procuring RECs in the short, medium and long-term.
- Case Studies: Real-world examples of businesses that have successfully navigated the complexities of REC procurement
- Q&A Session: An opportunity to ask questions and get personalized advice from our expert panel
Meet Our Expert Panel:
Craig Morgan (CoFounder & Group Sales Director): Craig will discuss global regulations for RECs, including frameworks like RE100 and the Science-Based TargetsThe science based targets initiative (SBTi) is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Targets are considered ‘science-based’ if they are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C. SBTi has specific sectoral guidance and is working on a Net-Zero standard. initiative (SBTi).
Hamish McGovern (CoFounder & Managing Director): Hamish will focus on domestic regulations in Australia for RECs, highlighting the Climate Active framework.
Sid Bansal (Webinar Host & Account Manager for Certificates): Sid will guide you through the use of RECs, their benefits, and how Northmore Gordon can assist with yearly procurement and buying strategies.
Kelly Lee (Account Manager for Certificates): Kelly will share more about the REC challenges, opportunities, and Northmore Gordon capabilities around the Asia region.
With a proven track record of registering over 6 million Environmental Attribute Certificates (EACs) over 10 years, we leverage our global network, facilitated by our Australian and Singapore offices, to provide secure transactions and streamlined trading. Our expertise in navigating diverse regional regulations ensures that your sustainability goals are met efficiently and effectively.
Don’t miss this opportunity to power up your sustainability game. Register now and take the first step towards a greener future with Northmore Gordon.
