CO2 compliance in the shipping industry

Fulfilling MRV obligations

Following stationary installations with the most greenhouse gas emissions and the airlines, it is now the turn of the shipping sector to be made compliant with EU regulations on greenhouse gas emissions. Ships exceeding 5,000 Gt that call in at EU ports are obliged to monitor, report and verify (MRV) their emissions.

Well-organized monitoring plan

In order to monitor, report and verify emissions from 2018 onwards, ship owners will be required to draw up a monitoring plan for each ship. The data will be enshrined in an Annual Emissions Report. We support customers when it comes to charting the data required for the purposes of the MRV report and drawing up the report itself. We also advise on how the customer can best carry out the monitoring process.

Data audit on accuracy and completeness

Both the monitoring plan and the Annual Emissions Report should be checked by an accredited verifier. In contrast to most verifications geared towards systems and processes, the latter is essentially a data audit with regard to the accuracy and completeness of your figures.

PwC Certification B.V. for timely verification

PwC Certification B.V. has been providing verification services in terms of a variety of CO2 reporting obligations since as far back as 2005, such as to airline companies, energy companies, glass manufacturers and market gardening businesses. We are anticipating that our accreditation for the shipping sector will be achieved in the near future, enabling us to help you satisfy the MRV legislation in a timely fashion.

If you would like to hear more about what the legislation means for your organization, please feel free to get in touch with one of our experts.