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Third Party Services
About us
Our team of highly qualified engineers and scientists collectively possess decades of international experience in Climate Change and Sustainability, spanning various industries. Leveraging this expertise, enables us to deliver personalized, high-value services to all our clients, regardless of their location.
Why use us?
With the demand for sustainability services on the rise and the availability of experienced professionals outstripping supply, we work as an extension to your in-house team using our extensive knowledge to assist on a range of projects around the globe. Our team members are accredited to various standards, which can be used under your accreditations.
Cost Efficiency: Outsourcing certain tasks to us can be more cost-effective than hiring and training internal staff. This is particularly true for tasks that require specialised skills that may be expensive to acquire and retain.
Focus on core competencies: Your business can focus on your core competencies by outsourcing non-core functions to ourselves. This allows you to allocate resources more efficiently and concentrate on what you do best.
Flexibility and scalability: Using our services offer flexibility in terms of scaling up or down based on demand.
Risk management: By outsourcing certain functions this can help you distribute the risk of relying solely on your in-house capabilities.
Time savings: Outsourcing tasks can save time and allow businesses to meet deadlines more efficiently. This is particularly relevant for projects with tight timelines or when a quick turnaround is essential.
Global reach: We can provide access to a global talent pool, allowing your business to leverage skills and resources from different parts of the world.
Services we offer
Carbon Footprint Verification
- Against ISO 14064-3 (corporate carbon footprint)
- PAS 2050 (product carbon footprint)
Sustainability Report Assurance
- Against ISAE 3000AS
- GRI
Validation and Verification of Carbon Reduction Projects under the following certification schemes
- Upstream Emissions Regulation (UER)
- Verified Carbon Standard (VCS)
- Clean Development Mechanism (CDM)
- Gold Standard
Sustainable Biomass
- International Sustainability & Carbon Certification (ISCC PLUS)
- International Sustainability & Carbon Certification (ISCC EU)
Green and Climate Bonds
International Capital Markets Association (ICMA):
- Second Party Opinion (SPO) on the compliance of the Green Bond Framework with the bond principles
- Pre-issuance Assurance opinion on the intended use of proceeds.
- Post-Issuance Assurance on the actual use of proceeds.
Climate Bonds Initiative (CBI):
- Pre-Issuance Certification of Climate Bonds against the Climate Bonds Standard (CBS)
- Post-Issuance Certification of Climate Bonds against the CBS
Carbon Border Adjustment Mechanism (CBAM)
- Verification of CBAM reports
- Verification of Carbon Footprints aligned with CBAM requirements
Who we work with
Whilst for reasons of confidentiality, we cannot name the clients we work with, but they are predominantly very large, well-established validation and verification bodies.
On behalf of our clients, we work globally across a vast range of sectors including Manufacturing, Motorsport, Technology, Automotive, Oil and Gas, Chemicals, Steel, Cement, Forestry and Aviation.
Carbon Border Adjustment Mechanism (CBAM)
What is CBAM?
The Carbon Border Adjustment Mechanism (CBAM) is a policy tool designed to address the carbon footprint associated with imported goods.
As Climate Change concerns grow globally, many countries are implementing measures to reduce greenhouse gas emissions and transition towards more sustainable practices.
CBAM is one such initiative aimed at preventing carbon leakage, which occurs when industries relocate to regions with lax environmental regulations, potentially undermining the effectiveness of domestic emission reduction efforts.
CBAM operates by assigning a carbon price to certain imported goods based on their embedded carbon content. The mechanism aims to create a level playing field between domestic industries subject to emission reduction regulations and their international counterparts.
By attaching a cost to the carbon content of imported goods, CBAM encourages global trade partners to adopt similar climate policies, thereby fostering a more equitable and environmentally sustainable international trading system.
This mechanism typically involves the following key components:
1. Carbon Pricing: CBAM imposes a cost on the carbon content of certain goods at the border, which can be based on the emissions associated with their production. This price is intended to reflect the carbon intensity of the manufacturing processes involved.
2. Scope of Application: CBAM can cover various sectors and products, depending on a country’s priorities and goals. It may initially focus on energy-intensive industries, such as steel, cement, and chemicals, where carbon emissions are significant.
3. Monitoring and Verification: Implementing CBAM requires robust monitoring and verification mechanisms to accurately assess the carbon footprint of imported goods. This may involve cooperation between trading partners to share data on emissions and production processes.
4. Compliance Mechanisms: Countries exporting goods subject to CBAM must comply with the carbon pricing requirements. Non-compliance may result in tariffs or other penalties to ensure fair competition and incentivise adherence to environmental standards.
5. Transition Measures: CBAM recognises the need for a fair transition, especially for countries with less developed economies. Therefore, it may include measures to support industries in transitioning to cleaner technologies and practices.
What goods’ does CBAM apply to?
- The regulations cover imports of cement, iron, steel, aluminium, fertilizers, electricity and hydrogen for the emissions of carbon dioxide, nitrous oxide and perfluorocarbons.
- In the future covered items will be taxed for direct and indirect emissions.
- It is expected that more productors and sectors will be added to CBAM.
- By 2030 it is anticipated that all sectors that are included in European Union Emissions Trading scheme (EU ETS) will be included.
Our Services
- Provision of readiness checks for compliance with CBAM.
- Produce product Carbon Footprints
- Verification of Emissions and CBAM reports
Verification services
In today’s world, disclosing your ESG data is becoming increasingly important and requested by customers and investors alike.
Net Zero Sustainability offers a variety of assurance services. These provide our clients with the confidence that the sustainability data which they disclose, either internally or more importantly externally is materially correct, using globally recognised standards and can withstand rigorous scrutiny.
