Locus GHG calculation engine eases compliance burdens for GHG tracking
GHG inventories may be the result of mandatory state, regional, or national reporting programs, such as California Air Resource Board (AB32), U.S. EPA Mandatory Reporting Rule, or European Union Emissions Trading Scheme (EU ETS). Organizations need a GHG calculation engine that can calculate GHGs automatically and accurately from all emission-producing activities at all of their facilities anywhere in the world. The new Locus calculation engine supports simultaneous calculations using multiple methods so that users can input data once and report to federal, state, and voluntary reporting programs according to each proper protocol.
The requirements and procedures for GHG reporting are varied, complex, and rapidly evolving. To ensure compliance, companies need a calculation engine that can handle complex equations using appropriate emission factors, conversion factors, and calculation methodologies for each reporting program. The right calculation engine can reduce the stress, time, and potential inaccuracies found in home-grown accounting methods.
New GHG calculation engine removes reporting inaccuracies
As a leading accredited GHG verification company in California, Locus observed challenges that many companies experience with GHG inventory calculation, coupled with the gross inadequacy of tools previously available in the market. Informed by the verification of hundreds of inventories, Locus developed the new calculation engine.
When evaluating carbon management software with built-in calculation engines, companies must ensure that users are able to define both the calculation rules and display of calculated data for the purpose of reporting to various regulators. By giving end users the power to view, analyze, and make changes to analytic model data, Locus helps companies emphasize the transparency of the process and ensure that calculations are correct and that the company meets all verification requirements.
Find out more about Locus’ new GHG calculation engine for tracking emissions inventories.
Check out our white paper “How to Select the Best Greenhouse Gas Calculator for Your GHG Inventory”.