Carbon Report Verification
Carbon report verification is a process in which an independent third-party organization reviews and verifies the data and information in a company’s greenhouse gas (GHG) emissions or carbon neutrality reports in accordance with relevant international or domestic standards. Its purpose is to ensure the accuracy, completeness, and compliance of corporate carbon emission reports, and to enhance the transparency and market credibility of carbon disclosure.
Compliance and transparency: Meet domestic and international laws and regulations (such as carbon trading systems and ESG disclosure requirements).
Enhance credibility: Enhance the trust of investors, clients and regulators in carbon data through independent verification.
Supporting the low-carbon strategy: Identifying deficiencies in emissions management and promoting the implementation of energy conservation, emission reduction, and carbon neutrality strategies.
Internationally recognized: Complies with carbon information disclosure requirements of major markets such as the EU, the US, and Japan.
Market Value: Supporting enterprises’ participation in carbon trading and green finance, thereby enhancing their green competitiveness.
Core Content
1. Scope of Application
- Carbon Emissions/Carbon Neutrality Reports for Enterprises in Various Industries
- Listed companies, state-owned enterprises, multinational corporations
- Enterprises participating in carbon trading, carbon peaking, and carbon neutrality commitments
- Enterprises with supply chain carbon emissions accounting and disclosure needs
2. Verification Basis
International Standards: ISO 14064, ISO 14067, GHG Protocol
Domestic Standard: Guidelines for Greenhouse Gas Emission Accounting and Reporting (Ministry of Ecology and Environment)
Audit standards: ISAE 3410, AA1000AS v3, ISSA 5000
3. Verification Content
Scope 1 (Direct Emissions): Fuel combustion, industrial processes, etc.
Scope 2 (Indirect Emissions): Purchase of electricity, heat, etc.
Scope 3 (Value Chain Emissions): Supply chain, logistics, employee travel, product usage, etc.
Carbon Neutrality Declaration:
Data Management Process and Internal Control Mechanism for Emission Reduction Projects and Carbon Offset Compliance
Verification Process
Communication and Scope Definition:
Define the reporting boundaries, emission range, and verification standards.
Data Collection and Review:
Examine emissions inventories, energy data, and activity level data.
On-Site Verification:
Sampling and verification of emission sources and data collection process.
Gap Analysis:
Identify non-conformities and propose improvement suggestions.
Report Issued By:
Issue third-party carbon emission verification statements or certification reports.
Verification Cycle
Individual Enterprise Carbon Emission Report:
3–4 weeks
Annual Carbon Emissions Report of Large Corporations:
6–8 weeks
Carbon Accounting for Complex Supply Chains/Multi-Business Segments:
8–12 weeks
SUSTECH
SUSTECH is an innovative technology service company with artificial intelligence, big data, and blockchain at its core. We specialize in ESG (Environmental, Social, and Governance) testing, certification, and compliance management, helping companies achieve their sustainable development goals. Through digital and intelligent means, we are redefining the testing and certification industry, making ESG compliance more transparent, efficient, and credible.
Core Advantage: Technology-enabled ESG Compliance
Intelligent ESG Data Acquisition and Analysis
- IoT Environmental Monitoring: Real-time collection of data on enterprise carbon emissions, wastewater discharge, energy consumption, etc., and automatic generation of ESG reports.
- AI carbon footprint calculation: Based on supply chain data, it accurately calculates the carbon footprint of a product throughout its entire lifecycle, in accordance with international standards such as ISO 14064 and GHG Protocol.
ESG Certification and Rating Optimization
- Automated compliance checks: AI compares data against global ESG standards (such as GRI, SASB, TCFD) to identify ESG risks for enterprises and provide improvement suggestions.
- ESG Rating Enhancement Solution: Combining industry best practices, we develop actionable ESG optimization strategies to help companies improve their ESG ratings from MSCI, S&P, and other ranking bodies.
Blockchain-based Evidence Storage and Transparent Traceability
- Tamper-proof ESG reports: All test data is stored on the blockchain to ensure traceability and auditability, enhancing the trust of investors and regulators.
- Supply chain ESG penetration management: Tracking supplier ESG performance to ensure compliance with the requirements of major international manufacturers.
