Emirates Global Aluminium (EGA) has implemented a digital greenhouse gas emissions tracking system.
The Greenhouse Gas Measurement, Reporting, and Verification system is a centralised digital platform for Scope 1 and 2 emissions data, the company shared.
The platform enables EGA to automate emissions tracking, documentation, and validation by independent third-party auditors.
The data is reported using standardised dashboards to relevant stakeholders, including government organisations and customers, it noted.
According to EGA, it is the first company in the UAE to implement the digital tracking system.
Scope 3 emissions often account for the majority of a company’s emissions, making up to 90 per cent of total emissions for many companies.
In January, Deloitte commissioned an online survey of 300 executives at publicly owned companies with a minimum annual revenue requirement of $500 million or more. The survey found that while “most” respondents are reporting on Scope 1 and 2, just 15 per cent are reporting on Scope 3.
These were also the findings of a recent report from CDP and Boston Consulting Group (BCG), which found that companies continue to overlook supply chain emissions.
Commenting on the implementation, Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: “Our GHG MRV solution will help EGA to meet evolving regulatory requirements while maintaining transparency and auditability of our emissions data throughout the value chain of our production processes.”
EGA said that the implementation is in line with the UAE’s National MRV Transparency System.
In the UAE, the Ministry of Climate Change and Environment has mandated that companies report greenhouse gas emissions data to track progress on the nation’s movement towards net zero by 2050.