What Businesses Need to Know About California’s SB 253 and SB 261
CA has enacted two landmark climate disclosure laws, SB 253 & SB 261, that will require companies to disclose greenhouse gas emissions.
CA has enacted two landmark climate disclosure laws, SB 253 & SB 261, that will require companies to disclose greenhouse gas emissions.
After completing hundreds of verifications for greenhouse gas reports as well as reports and applications under Low Carbon Fuel Standard (LCFS) and Clean Fuels Program (CFP), Locus’ team of verifiers has identified thousands of errors and missteps that reporters and applicants commonly make when assembling their reports.
Unfortunately, verifiers like Locus are prevented from providing consulting advice directly to their reporters (due to regulatory conflict of interest requirements), so we aren’t allowed to share findings with our reporters that would make their job easier, or that would make their reports more accurate. The verifier is only allowed to state whether or not the report meets the requirements of the regulations.
Here, for the first time, is what your verifier is really thinking, but isn’t legally allowed to tell you directly: a list of the most common issues that are causing reporters additional time or cost, and how to avoid them.
MOUNTAIN VIEW, Calif., Dec. 19, 2023 — Locus Technologies, (Locus)— an industry leader in environmental compliance and ESG software, has been accredited by the Washington Department of Ecology to provide verification services for mandatory greenhouse gas (GHG) reporting. Locus is the first of a select few to receive approval for Washington’s first year requiring verification services.
The accreditation allows Locus to provide verification services for GHG emissions reports, which are now mandatory for facilities in the State of Washington. The verification team at Locus consists of experts in all reporting requirements. Locus’ in-house Lead Verifiers are certified in all reporting types, including general stationary combustion sources, transactions (electricity, fuel, and natural gas suppliers), oil and gas systems, and process emissions.
In May 2021, the Climate Commitment Act (CCA) was signed into law for the state of Washington. The CCA established a state-wide Cap-and-Invest Program to reduce greenhouse gas (GHG) emissions and address climate change. As part of the Program, entities are required to report their emissions and have those emissions verified for accuracy and conformance with the regulation, using accredited third-party verification bodies such as Locus.
“Locus is excited to continue our expansion of GHG services to include verification in the state of Washington, as we have done in California and Oregon since the inception of those programs. We continue our commitment to stay informed on new and updated ESG reporting frameworks, leading with our expert staff and domain expertise. Our years of experience and industry knowledge allow us to provide a vital service, while also leveraging this experience to further expand our ESG software functionality to support these new reporting programs,” said Wes Hawthorne, President of Locus.
Building on over a decade of GHG verification experience, Locus remains the only software provider for collecting, managing, and reporting GHG emissions that is also an accredited verifier.
About Locus Technologies
Locus Technologies, the global environmental, social, governance (ESG), Sustainability, and EHS Compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997 Locus Technologies pioneered enterprise software-as-a-service (SaaS) for EHS Compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Chevron, Sempra, Corteva, DuPont, Chemours, Port of Seattle, The Port Authority of New York and New Jersey, and Los Alamos National Laboratory, have selected Locus.
Locus Technologies’ headquarters is in Mountain View, California.
Scientific calculations are an essential aspect of many fields of study, including physics, chemistry, and engineering including environmental engineering. These calculations involve complex formulas and equations that are often too time-consuming and challenging to solve by hand. Fortunately, programming languages and software have made it easier for scientists and researchers to carry out scientific calculations quickly and accurately. Software plays a vital role in environmental calculations, as it provides scientists and researchers with a powerful tool for analyzing and interpreting complex data related to the environment. Environmental engineers need to deal with vast amounts of data that must be analyzed to draw meaningful conclusions. The environmental field encompasses a wide range of disciplines, including climate science, ecology, and environmental engineering, and each of these areas requires specific types of calculations that can be performed more efficiently and accurately using computers.
In recent years, many programming languages have been developed that are specifically designed for scientific computing. These languages, such as MATLAB, Python, and R, are powerful tools for numerical analysis and data visualization. However, programming for environmental calculations poses some challenges. One of the primary challenges is ensuring that the code is accurate and reliable. Even small errors in the code can lead to significant errors in the results, which can have serious consequences for environmental decision-making.
Collections of environmental data in an enterprise pose another set of challenges, including gathering data from all business units and ensuring the accuracy, accessibility, interoperability, and privacy of data. Addressing these challenges requires careful planning, collaboration, and the adoption of standardized data formats and protocols.
Software applications developed at Locus like Environmental Information Management (EIM), Greenhouse Gas, Air Emissions and Sustainability address these challenges by offering tailored solutions for environmental scientists. One of the key advantages of using these applications is that it allows scientists to automate many of the tedious and time-consuming tasks involved in data collection, scientific calculations, analysis, and regulatory reporting. These applications have gone through extensive testing ensuring accurate and reliable results and the automation can make regulatory reporting a breeze when time is of the essence.
In conclusion, scientific calculations are an essential aspect of environmental engineering, and Locus offers powerful tools for performing these calculations quickly and accurately. By using Locus software, scientists and researchers can automate tedious tasks, process large datasets, and extract valuable insights from the environmental data of the organization.
MOUNTAIN VIEW, Calif., 2 March 2023 — Locus Technologies, the leading EHS Compliance and ESG software provider, received their 17th consecutive award from Environmental Business Journal (EBJ) for growth and innovation in the field of Information Technology in the environmental software with particular focus on EHS, compliance, sustainability, and ESG.
Locus continues to expand its ESG SaaS solution, including built-in business intelligence tools for interactive, actionable insights into unified EHS compliance and ESG data, forecasting tools predicting future ESG reporting, APIs for utility data sources, and interfaces with third-party systems that house ESG data. Locus’s ESG solutions focus on “enter once, report to many.” enabling companies the efficiency of reporting to multiple organizations and numerous standards from a single dataset. Essential built-in reporting includes state or federal regulations and ESG based on standards, including CDP, GRI, SASB, TCFD, and many others.
“Locus’s pioneering work in integrated ESG reporting and EHS compliance software is paying off. As one of the early SaaS leaders in net-zero digital solutions for ESG reporting, Locus continues to provide value to companies that want to be credible with their carbon reporting and sustainability software.” said Grant Ferrier, president of Environmental Business International Inc. (EBI), publisher of Environmental Business Journal.
“With energy transition, climate resilience, and new federal programs driving business, as well as traditional environmental market drivers in infrastructure, air quality, remediation, water and wastewater it is understandable that companies that offer integrates SaaS platform like Locus has advantage.” added Ferrier.
“As Locus continues to expand our EHS and ESG software we would like to thank EBJ for recognizing Locus again for a 17th consecutive year and for noting the new functionality and growing customer base we achieved in 2022. Locus will continue this trajectory into 2023 with new tools designed to simplify EHS and ESG management in our award-winning Locus software, which offers a single system of record and truth for our customers. Locus SaaS platform enables our customers to manage their carbon transactions and inventory with the same rigor, confidence, and transparency as their financial ones.” said Neno Duplan, the Founder and CEO of Locus Technologies.
MOUNTAIN VIEW, Calif., 24 February 2022 — Locus Technologies, the leading EHS Compliance and ESG software provider, was awarded a 16th consecutive award from Environmental Business Journal (EBJ) for growth and innovation in the field of Information Technology in the environmental software with particular focus on ESG.
EBJ is a business research publication providing strategic business intelligence to the environmental industry. Locus received the 2021 EBJ Award for Information Technology by growing and innovating its unified EHS compliance and ESG software platform.
In 2021 Locus took a leading market position in the fast-growing space of ESG software. Locus’s ESG SaaS covers carbon data aggregation via a powerful visual calculation engine, investor-grade emissions calculations audit capabilities, reporting to multiple standards from a single data set, integration APIs, dashboards, and carbon reduction goal setting and tracking. This separates Locus from competitors as customers demand integrated net-zero ESG software that supports investor-grade data in disclosure rules such as the EU’s corporate sustainability reporting directive, mandatory TCFD reporting, and anticipated SEC action on climate disclosures.
In 2021 Locus continued to expand its ESG SaaS to include built-in business intelligence tools allowing for interactive, actionable insights into EHS and ESG data, forecasting tools to predict future ESG reporting, APIs linking to utility meters, and interfaces with other Locus and third-party systems that house ESG data. Locus’s ESG application is focused on “enter once, report many times.” The gold standard for multinational enterprises with many locations worldwide is to have a system configured to report to multiple organizations and many standards from a single dataset. Essential built-in reporting in the Locus ESG app includes state or federal regulations, internal CSR, and ESG based on whatever standard their organization adheres to, such as CDP, GRI, SASB, TCDF, or more recent World Economic Forum (WEF) attempt to standardize many voluntary standards.
Locus also expanded its ESG consulting expertise by becoming the first and only software provider to offer accreditation services under new Oregon DEQ guidelines requiring third-party verification for GHG and CFP programs.
Besides strong growth in ESG space, Locus also continues to lead the software for water quality management market with the addition of new SaaS customers in 2021, such as the City of Hillsboro, Oregon for water quality management and Westinghouse Electric Company for control of environmental and radionuclides data, cementing Locus’s market leader position in the space of nuclear facilities.
“Locus’s investment in integrated carbon management software and EHS compliance is paying off. As one of the early SaaS leaders in net-zero digital solutions for ESG reporting, Locus continues to provide value to companies that want to be credible with their carbon reporting and sustainability software.,” said Grant Ferrier, president of Environmental Business International Inc. (EBI), publisher of Environmental Business Journal.
“We would like to thank EBJ for recognizing Locus for a 16th consecutive year and for taking note of our industry-leading ESG software. We aim to continue expanding our software offerings to customers in 2022,” said Wes Hawthorne, President of Locus Technologies.
MOUNTAIN VIEW, Calif., 21 December 2021 — Locus Technologies (Locus), industry leader in environmental compliance and ESG software, has been accredited by the Oregon Department of Environmental Quality (DEQ) to provide verification services for mandatory greenhouse gas (GHG) reporting and the Clean Fuels Program (CFP). Locus is the first of a select few to receive approval for verification services.
The accreditation allows Locus to provide verification services for GHG emissions reports, which are now mandatory for facilities in the State of Oregon. The verification team at Locus consists of experts in all reporting requirements. Locus’ in-house Lead Verifiers are certified in all reporting types, including air contamination stationary sources, electricity suppliers, fuel suppliers, natural gas suppliers, natural gas systems, and process emissions. Locus verifiers are also certified for all report types under the Oregon CFP.
The Oregon Environmental Quality Commission (EQC) updated their rules in May 2020 to enhance the data collection of Oregon’s greenhouse gas emissions. The adopted rules incorporate existing reporting and emissions accounting protocols into rule and improve the specificity of how emissions data are calculated, reported, and verified. The regulation requires mandatory reporting and verification of greenhouse gas (GHG) emissions by third-party verifiers like Locus, starting in 2022.
“Locus is proud to become an accredited GHG and CFP verification body for the state of Oregon, as we have been in California since the inception of that program. We are continually committed to staying informed on new and updated ESG reporting frameworks, which we accomplish first and foremost through domain expertise. Our field expertise and industry knowledge allow us to provide a vital service, while also further expanding on our ESG software to support these new reporting programs” said Wes Hawthorne, President of Locus.
Building on over a decade of GHG verification experience, Locus remains the only software provider for collecting, managing, and reporting GHG emissions that is also an accredited verifier. Using this expertise, the software includes unparalleled tools for transparent and auditable calculations for GHG programs.
MOUNTAIN VIEW, Calif., 10 February 2020 —
Locus Technologies, leading provider of environmental management and EHS software, was awarded a 14th consecutive award from Environmental Business Journal (EBJ) for growth and innovation in the field of Information Technology.
EBJ is a business research publication providing strategic business intelligence to the environmental industry. Locus received the 2019 EBJ Award for Information Technology by expanding their software and services.
Among the key drivers for Locus in 2019 was the growth of key software applications for waste and sustainability, as well as the introduction of their facilities management app. Locus software also now further integrates with EPA compliance systems like CMDP, eManifest, and eGGRT. Finally, in terms of services, Locus achieved over 500 GHG verifications under the California AB32 program, being the first company to do so. They were also among the first independent bodies to become certified for the new California Low Carbon Fuel Standard verification.
“We would like to express our gratitude for receiving the EBJ Information Technology award for another year. We look forward to providing our customers with cutting-edge software and services as we seek to improve in the areas of artificial intelligence, IoT integration, and blockchain technology,” said Wes Hawthorne, President of Locus Technologies.
A coalition of the world’s oil companies agreed to reduce methane emissions from natural gas extraction—part of an effort to shore up the climate credentials of the hydrocarbon.
The Oil and Gas Climate Initiative said it would target reducing methane emissions to less than 0.25% of the total natural gas the group of 13 member companies produces by 2025.
Methane is the main component of natural gas. During extraction, transport, and processing, it often leaks into the environment. Methane is a much more potent greenhouse gas than CO2. In the short term, it traps more heat although it stays shorter in the atmosphere. According to the International Energy Agency, one ton of methane is equivalent to as much as 87 tons of carbon dioxide over a 20-year time frame.
Natural gas production is growing. Many big oil companies are increasing production of natural gas to offset higher emissions from other hydrocarbon and coal sources. The switch makes the oil-and-gas industry look better when demonstrating emission reduction to limit climate change.
For that reason, some oil companies, Shell, in particular, has tilted its production mix toward more gas output.
According to 2018 report by the Environmental Defense Fund, a nonprofit environmental advocacy group, as much as $34 billion of global gas supply is lost each year through leaks and venting. That is another valid reason to limit those methane escapes and park the proceeds to the bottom line. That in itself could fund part of the effort to stop or reduce the leaks.
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Locus Technologies provides cloud-based environmental software and mobile solutions for EHS, sustainability management, GHG reporting, water quality management, risk management, and analytical, geologic, and ecologic environmental data management.