The South African Greenhouse Gas Emission Reporting Regulations came into effect on 3 April 2017 with the purpose of helping the National Department of Environmental Affairs to gather information from businesses in order to update and maintain its National Greenhouse Gas Inventory.
The greenhouse gas emissions companies report will be used as a basis for these businesses’ respective carbon tax calculations. Companies that exceed a certain activity level threshold, will be required to submit emission data in a prescribed format. The calculations of the emissions must be done in line with technical guidelines published with the regulation.
Companies should note that the calculation methodologies in the technical guideline differ from the conventional corporate calculation methodologies as GHG Protocol Corporate Standard and ISO14064.
IMPORTANT CONSIDERATIONS FOR BUSINESSES:
1. Only those companies that have to report their emissions to government have to pay Carbon Taxes
2. Companies must report their emissions data for carbon dioxide (CO2), methane (CH4), nitrous oxide (N20), sulphur hexafluoride (SF6), perfluorocarbons and hydrofluorocarbons
3. Companies must report on all combustion, processes, and fugitive emissions. Emissions from mobile combustion (vehicle fleet) and purchased electricity and refrigerants are excluded.
4. Companies are required to report if they are above the prescribed threshold per emissions source. For example, for energy generation, this is typically 10MW total installed capacity. So if your company has 5 X 2MW coal boilers or 10 X 1MW back up diesel generators, you are above the threshold and have to report.
South African companies must report their greenhouse gas emissions before 31 March 2018. We can assist you with this and help you with your firm’s entire greenhouse gas reporting process.