JW REKA BARU

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CARBON TAX VERIFICATION

  • We are able to support organizations in the event a taxable facility is required to submit Monitoring Plan and Emissions Report annually.

  • Emissions report needs to be prepared based on approved monitoring plan and verified by an independent verifier prior to submission to Regulators each year, following the end of a reporting period. A carbon tax is charged on the total amount of reckonable GHG emissions as set out in the emissions report.

  • The purpose of a verification is to provide an objective assessment of the accuracy and completeness of the reported GHG emissions and its conformance to ISO 14064-3 & Regulatory requirements.

  • A verification engagement comprises four (4) main stages as follows:

    1. Pre-assessment assessment: To evaluate the capability to undertake specific verification services including required resource, cost and time.
    2. Verification Planning: To conduct strategic & risk assessment of facility’s operation and plan for verification process.
    3. Conducting Verification: To perform verification activities.
    4. Verification Reporting: To submit verification report & statement to Regulators.