GHG Protocol Scope 2 India Launch
The World Resources Institute has unveiled a new guidance for companies to measure emissions from purchased electricity. The first major update to the GHG Protocol Corporate Accounting and Reporting Standard responds to the rapid growth of renewable energy and other major shifts in the electricity market. The GHG Protocol Scope 2 Guidance provides a consistent, transparent way for companies to show how different types of electricity purchases count toward their emissions targets, and will inform corporate decisions on what kind of energy should power their business.
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.
11:30 am: Inaugural Address
- Shankar Jadhav – Head, 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
- 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
- Mr. Vivek Adhia – Head, Business Engagement, WRI India
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 Remarks
- Mr. Shailesh Sreedharan, Director – Projects, WRI India
1.15 pm onwards: Networking Lunch and Media Interactions