Description
Singapore is the first ASEAN country to introduce carbon tax. This implementation will require the companies to account and report direct and indirect emissions and set out requisite mitigation and management strategies. It is expected that countries of the ASEAN region will follow Singapore which would eventually pave the foundation for a regional carbon market to grow. Concurrently the international investors and other stakeholders (i.e., trading partners, consumers) are increasingly vigilant about the decarbonization commitment and strategies of companies. Hence, a which makes carbon accounting and pruedent
The program is primarily designed for Singapore and ASEAN companies to get started with their decarbonization journey, addressing the requirements from the perspective of regulators, investors and other relevant stakeholders.
It covers the fundamental issues in carbon management for the companies such as carbon market mechanism, pricing carbon credit, carbon accounting and reporting with CDP questionnaire and GHG protocol, financial implications of climate change among others.
Hence, it provides you with the requisite knowledge to customize your carbon accounting and management frameworks in line with the international standards and regulatory guidelines.
Introduction
- Carbon tax, LowCarbonSG initiative and the carbon pricing regime – an overview
- Contextual knowledge and capacity gap
- Program overview
Module 1. The fundamentals of climate Science
- Planetary boundaries, global climate and the limits of growth
- What is ‘science-based targeting (SBT)’ and why is it important?
- How do greenhouse gases impact the global climate?
Module 2. The Global Agreements & National Commitments
- IPCC recommendations
- Conference of Parties (CoP)
- Sustainable Development Goals (SDG)
- Nationally Determined Contributions (NDC)
- International trade & cooperation agreements
Module 3. Carbon accounting
- Carbon Emission Reporting Tools (CERT) and carbon inventories
- International standards and frameworks – CASB, CDP questionnaire & GHG protocol
- Introduction to GHG protocol for carbon accounting – scope 1, 2 & 3
- Navigating through the GHG protocol for corporate carbon accounting – scope 1 & 2
Module 4. Carbon Reporting
- Standalone GHG report
- Integrating emission data in the ESG report
Session 5. Carbon Market Mechanism
- Carbon tax and compliance market
- Carbon prices in volunteer market
- How to value/ price carbon credits & carbon offset options?
- What is the business case for corporate decarbonisation?
- How to measure corporate carbon footprint?
Session 6. Carbon management
- How to save operating cost through carbon management?
- How to minimize the carbon tax obligations with cost benefit analysis and carbon offset options?
- Design and system thinking for innovation and efficiency modelling.
Session 7. Case studies
- Case studies in energy transition & decarbonizing cities
- Case studies in sustainable agriculture, forestry, and mining.
- Workshop, group discussion and presentation
