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Normec Verifavia Conducts Comprehensive Carbon Footprint Verification for Swire Shipping

Normec Verifavia Conducts Comprehensive Carbon Footprint Verification for Swire Shipping

Introduction to Carbon Emissions in Shipping

In today’s global climate crisis, shipping companies are under increasing pressure to measure and reduce their carbon footprint. The shipping industries accounts for approximately 2-3% of global greenhouse gas , thus the accurate calculation and verification of their carbon footprint becomes essential.

Understanding Scope 1, 2, and 3 Emissions

Through the assessment of Scope 1 (direct emissions) and Scope 2 (indirect emissions from the generation of purchased electricity, district heating and cooling) emissions, along with Scope 3 (indirect emissions from the supply chain) shipping companies can identify key areas for improvement, set science-based targets, and ultimately drive more sustainable practices across their operations. This process not only provides the holistic view of the company’s environmental but also enhances corporate transparency and strengthens stakeholder confidence.

Verification Process for Swire Shipping

Normec Verifavia recently collaborated with to carry the verification of their carbon footprint. The carbon inventory was designed to encompass all the emission sources under the Scope 1 & 2 from owned and leased assets under operational control.

Adhering to Standards: GHG Protocol and ISO 14064-3:2019

The verification was carried out in accordance with the Greenhouse Gas Protocol along with ISO 14064-3:2019 standard, ensuring the assessment’s completeness, consistency, transparency, and accuracy. During the audit process, we ensured the use of appropriate emission factors, assessed the underlying assumptions, and evaluated any excluded data. Additionally, we examined the procedures for data collation, control activities and verified the carbon footprint calculations to ensure accuracy of the carbon footprint.

Outcomes and Benefits of Carbon Footprint Verification

The outcome of this verification provided a reasonable level of assurance regarding the completeness and accuracy of the carbon footprint which enhances the transparency, builds trust with customers and stakeholders, and offers a competitive advantage in an industry with the increasing environmental scrutiny while helping to achieve sustainability goals.

Commitment to Sustainability at Normec Verifavia

At Normec Verifavia, we are dedicated to supporting shipping companies on their sustainability journey. Our team of experts provide comprehensive carbon footprint , ensuring compliance with industry standards while delivering actionable insights for improvement. We invite you to contact us for a discussion on how we can assist you in verification of your emissions and enhancing your sustainability efforts. Together, we can strive for a more sustainable future for the shipping industry.