For companies participating in new greenhouse gas emissions trading programs such as the EU Emissions Trading Scheme (EU ETS), greenhouse gas management is a complex corporate responsibility that requires careful management in order to track program assets (GHG credits, allowances, estimated reductions), minimize compliance risks and enhance economic success. ecoGHG is the leading edge enterprise software for managing all of your company’s greenhouse gas assets including estimated reductions, credits and allowances. While providing vital linkages between projects, operations, finance, compliance, accounting and trading, ecoGHG is the backbone of your comprehensive front-to-back office solution connecting departments and personnel to support your greenhouse gas trading and compliance obligations and objectives. The software supports multiple GHG regimes under the Kyoto Protocol including the EU ETS, as well as voluntary programs in the U.S. and other markets.
Measurable Benefits for your Corporate Greenhouse Gas Emissions Trading Program
ecoGHG™ delivers strong return on investment for your company through:
- Allowance Tracking: the software monitors inventory positions by liking serial numbers with registry account balances, giving you decision support for investment analysis, greenhouse gas trading, and compliance management
- Deal Origination: GHG assets can be traded in markets throughout the world. The ecoGHG software provides deal origination, contracting, invoicing and settlement functions to support all your trading activities.
- Compliance Management: Mandatory programs such as the EU ETS have deadlines and penalties for non-compliance. ecoGHG supplies a battery of reports to monitor compliance positions throughout the commitment period. It also enables annual account reconciliations with each registry.
- Accounting: The software supports mark-to-market accounting to meet standards set forth by IASB for emissions assets results. ecoGHG also facilitates multi-currency recording and reporting.
- Risk Management: ecoGHG provides a toolkit of risk analyses to measure risk for market and operational uncertainties.
