IHS, which provides technical information, decision-support tools and consulting, has announced new functionality within its GHG and Energy Solution to support mandatory greenhouse gas reporting in the US.
As I reported last month, the US Environment Protection Agency (EPA) has launched a tool to allow the electronic reporting of greenhouse gas (GHG) data, which is required under the Greenhouse Gas Reporting Program (GHGRP), launched in 2009. Under the program around 7,000 large industrial emitters and suppliers have to submit GHG data to EPA annually, starting this month. The IHS software enhancement will enable users to automate the preparation of data for submission via EPA’s online system, the electronic Greenhouse Gas Reporting Tool (e-GGRT).
“Our experts were ready to build out this new functionality in our solution as soon as the EPA announced its data standards for e-GGRT, and we have started to make it available to IHS clients to facilitate electronic submission of their GHG data well in advance of the MRR deadline on September 30,” said IHS Senior Director, EHS & Sustainability Solutions Jeff Ladner. “We expect this enhanced solution to reduce the time required to collect, prepare and enter GHG data into e-GGRT by up to 55% – and reduce data entry errors – compared to spreadsheets and manual processes.”
Carbon emissions legislation and regulation is continually expanding around the world and pulling more and more organisations and sectors into mandatory GHG reporting. It means there will be a constant requirement for the carbon emissions management software companies to adapt to these global requirements. In fact being at the leading edge is going to be a market differentiator in this fragmented market. The main business (at the moment) is with large companies, usually with an international presence, so just serving one country market isn’t an option.