We apply a five step process in accordance with globally recognised standards.
Most carbon neutrality standards require a range of activities around a 5 step process.
1. Quantify – The first step is to assess GHG emissions based on accurate and complete raw data. Measurement of carbon footprints must be in accordance with accepted standards (e.g. ISO 14064 series, ISO 14040 series, Greenhouse Gas (GHG) Protocol standards) and be based on publicly available and nationally relevant emissions factors from reputable and recognised sources.
2. Commit to Reduce Emissions – Once the footprint is understood the next step is to implement a Carbon Reduction Plan and declare a commitment to carbon neutrality by adopting reduce/replace strategies. The Plan must identify the emissions reduction measures to be undertaken and the quantity of emissions expected to be reduced over a specified timeframe.
Reduce identifies those areas where you can achieve efficiencies that cut your carbon emissions. For example, by training drivers to maximise fuel efficiency through changes to their driving behaviour.
Replace identifies processes, products or services for which lower carbon alternatives can be sourced. For example, switching to premium fuels, like BP’s Ultimate range, can significantly improve fuel efficiency. Low viscosity oils deliver higher fuel efficiency too and, when the time comes to renew a vehicle, a change to a smaller or more economic model can have an even more dramatic effect.
3. Neutralize – Any remaining Green House Gas emissions should be offset by high quality, certified carbon credits. As a member of ICROA, BP Target Neutral commits to use carbon credits that are or will be validated, verified and registered under the following offset standards: American Carbon Registry, Clean Development Mechanism (CDM), Climate Action Reserve, Gold Standard, Joint Implementation (JI) and Verified Carbon Standard.
4. Document and Validate – Carbon Neutral standards require a standard-compliant declaration of achievement of neutrality. This is through a set of statements known as Qualifying Explanatory Statements (QES). There must be a public disclosure of all the documentation that supports the carbon neutrality claim e.g. on the company or product website.
5. Report – There must be a public disclosure of all the documentation that supports the carbon neutrality claim e.g. on the company or product website in line with the ICROA code of best practice.