The Department of Environmental Affairs is in the process of promulgating regulations for mandatory GHG reporting. The purpose of the regulations is to allow the department to gather information from business to assist South Africa to improve its national greenhouse gas inventory.
The greenhouse gas figures reported by companies will be used as basis of the carbon tax calculations. Companies that exceed certain activity level thresholds will be required to submit emission data in a prescribed format. The calculations of the emissions must be done in line with technical guideline that will be published with the regulation. Companies should note that the calculation methodologies in the technical guideline differ from the conventional corporate calculation methodologies as per ISO 14064 and the GHG Protocol Corporate Standard.
Please contact us if you want to understand how these reporting requirements differ from reporting under the Greenhouse Gas Protocol, or if you need us to review your calculation.