Carbon Counting

Carbon Counting

Know your footprint and implement decarbonization strategies

Greenhouse Gas Consulting

OmnexFuturepast assists organizations to identify and address strategic issues related to climate change, including direct and indirect impacts from the effects of climate change, regulatory risks, changes in consumer preferences, and reputational risk. We also assist organizations to decide what greenhouse gas information to disclose and how to disclose it. With increased consumer interest in greenhouse gas information and climate change mitigation, companies increasingly are asked to quantify greenhouse gas emissions applicable to particular products or services.

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Greenhouse Gas Accounting

OmnexFuturepast assists organizations with internal and external reporting of greenhouse gas information for inventories and projects, and for calculating the carbon intensity of products (also called the “carbon footprint” of products). OmnexFuturepast helps organizations comply with greenhouse gas regulations at both the state and federal levels, as well as with the accounting of information intended for voluntary and regulatory disclosure.

As of October 1, 2023, exporters of certain products to the European Union are obliged by the EU’s Carbon Border Adjustment Mechanism (CBAM) to begin reporting the volume of their imports and the embodied GHGs in those products on a quarterly basis. Affected exporters can rely on OmnexFuturepast to help them meet these reporting requirements.

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Climate-Related Disclosures According to IFRS/ISSB

Organizations that prepare financial statements in accordance with International Financial Reporting Standards (IFRS) may need to report against the requirements of the International Sustainability Standards Board (ISSB) standards S-1, General requirements for disclosure of sustainability-related financial information, and S-2, Climate-related disclosures. OmnexFuturepast can assist reporters with the quantification of their greenhouse gas emission disclosures or provide assurance on the accuracy of the disclosures they have prepared. Required disclosures according to the S-2 standard include the disclosure of material physical and transition risks that climate change poses to the organization, as well as the organization’s strategy for responding to climate-related risks and opportunities. Organizations also are required to disclose information that will enable intended users to assess the resilience of the organization’s strategy and business model to climate-related changes, developments and uncertainties.

OmnexFuturepast consultants and verifiers qualify as experts in GHG emissions quantification, measurement, analysis, reporting and attesting. Our services include both consulting and third-party verification in these scopes of work.

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Greenhouse Gas Verification

OmnexFuturepast provides greenhouse gas verification services to satisfy an organization’s requirements for internal auditing of the greenhouse gas information and information systems. Our services are also available to organizations that wish to verify the greenhouse emissions information and management systems of their supply chain. We also validate and verify emission reductions and removal enhancements from GHG and carbon removal projects.

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Non-Financial Disclosure in Sustainability Reports

OmnexFuturepast supports businesses that engage in planning for a decarbonizing future that incorporates greenhouse gas emission reductions, adaptation to the effects of climate change, and demonstration that business strategies will deliver intended results. In addition to providing organizations with help fulfilling the requirement of the Taskforce on Climate-related Financial Disclosures (TCFD), OmnexFuturepast also offers assistance for organizations reporting against other criteria such as those established by the Partnership for Carbon Accounting Financials (PCAF), CDP and GRI.

Corporate sustainability reports highlight environmental and climate change information that is material to stakeholders. Greenhouse gas inventories include energy use and purchased electricity, and to an increasing degree, supply chain emissions (scope 3). Sustainability reports may also report on climate change mitigation initiatives, on water consumption and waste generation, and on adaptation efforts.

OmnexFuturepast’s managing director John Shideler is currently participating in the development of ISO 14019, Validation and verification of sustainability information. The first three parts of this standard are expected to be published in late 2025 or early 2026.

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A Concerted Aviation Effort

Aircraft manufacturers and airline operators are also pursuing carbon emission reductions. Improvements in engine technology and operational changes will help reduce fuel burn. Expanded use of sustainable alternative fuels will further reduce CO2 emissions. Working together, the aviation sector can achieve carbon neutral growth from 2020.

For information about OmnexFuturepast’s services in the aviation sector, please call 888-358-9047 (toll-free in the US and Canada) and speak with a OmnexFuturepast consultant today.

Five Steps That Can Reduce Carbon Emissions

Your organization is assessing its carbon risks and opportunities. Management wants to minimize the impacts of direct threats from climate change, meet new regulatory requirements, address changing market preferences, and chart a course toward a less carbon-intense future. You need a carbon strategy.
OmnexFuturepast can facilitate planning and decision-making within an organization to reduce carbon emissions, mitigate impacts from climate change, assess strategic opportunities, and respond to changing market preferences.

Management wants information about its GHG emissions at the organizational level or at the facility level to help implement its carbon strategy. You need a greenhouse gas inventory.
Establishing a GHG inventory helps your organization in the following ways:

  • Aggregates information from the source or unit level to facility and organizational levels to facilitate management analysis and review

  • Permits comparisons of energy use and carbon intensity among similar operating units

  • Provides information for mandatory reporting to regulatory bodies, if applicable

  • Informs disclosure in corporate sustainability reports to the public or to financial regulatory authorities

OmnexFuturepast can help you develop a greenhouse gas inventory at the facility or corporate level or verify the one you have prepared.

You are developing a project using carbon finance to reduce or avoid greenhouse gas emissions or to remove carbon dioxide from the environment. You want help planning and implementing the project, selecting a verification body, and selling your offset credits. You need carbon offset project assistance.
OmnexFuturepast can help your organization manage its carbon offset project by ensuring that all applicable project requirements are understood, monitored, complied with, and documented.

Your customers, whether end-users or manufacturing or distribution partners, want to know the quantity of GHG emissions that are associated with your product or service. You need a carbon footprint. A carbon footprint expresses the mass of GHGs that can be allocated to a product, usually in grams per unit. Carbon footprint information is used for strategic planning purposes, for achieving compliance with international legal requirements or with customer information requests, and for marketing your products. Carbon footprint information represents a form of environmental claim and is created using a modified life cycle assessment methodology. Carbon footprint claims should be reviewed for compliance with Federal Trade Commission laws and regulations.
OmnexFuturepast can assist your organization with life cycle assessments and the formulation of environmental product declarations and other environmental claims. Or, we can verify the claims that you wish to make.

You want to make counting carbon easier and more efficient. You know your organization and your supply chain have a lot of useful information to help you count carbon, but you’re finding the information hard to locate and organize. You want to optimize the management system you currently have and to integrate your carbon counting requirements into your information systems and support processes. You need management system consulting services.
OmnexFuturepast can help you enhance your management system to ensure reliable and reproducible reporting of energy use and greenhouse gas emissions.