IPIECA held a workshop in Brussels, Belgium, on 1 March 2011 on greenhouse gas (GHG) reporting to coincide with the conclusion of the revision to the Petroleum industry guidelines to greenhouse gas reporting. The workshop covered areas including European and US reporting standards, voluntary reporting and the updated IPIECA guidelines.
There was a specific focus on organizational boundaries - the consolidation approach taken by companies when deciding what technically constitutes the boundary of the company for emissions reporting purposes. Emerging proposals from the UK government as well as the Carbon Disclosure Project are for 'financial control' and 'financial accounting' boundaries. Both are currently not used by many, if any, companies when reporting voluntarily.
Stakeholders from the Carbon Disclosure Project, consulting firm ERM, and Ernst & Young were invited. PricewaterhouseCoopers gave a presentation on organizational boundaries, including the financial accounting approach. There was an excellent exchange of perspectives and useful feedback for all involved.
Presentations can be found from the event web page, and a full workshop report is under consideration.