Carbon Emissions: Estimation, Reporting and Reduction

CO₂ emissions: estimation, reporting and reduction

As the focus on emissions and regulation increases, it becomes essential to create a fair and equitable framework. RISC’s role as an independent observer, reviewer and advisor has never been more important.

Our skills allow us to quantify, validate and benchmark greenhouse gas emissions, including carbon dioxide (CO₂), linked to upstream oil and gas production facilities, LNG facilities and other energy hubs.

In our experience of reviewing many projects and portfolios, inconsistencies in emissions assessment and reporting are commonly found across portfolios and sometimes from very similar facilities. We are able to advise on the most appropriate and consistent approaches and methodologies.

We assess emissions in line with Equator Principles, ISO-14064, GHG Protocol standard requirements as well as the International Petroleum Industry Environmental Conservation Association guidelines, and the American Petroleum Institute’s Compendium of Greenhouse Gas Emissions Methodologies for the Oil and Natural Gas Industry.

The need to reduce emissions is driving new approaches to energy generation, efficiency and use. RISC’s highly skilled team is experienced in assessing the most cost-effective ways of reducing emissions from both current and planned projects.