GreenPower, renewable energy certificates and scope 2 offset data is included in the annual National Greenhouse and Energy Reporting data publication for registered corporations and reporting transfer certificate holders that meet the publishing threshold.
This data recognises the impact voluntary renewable energy purchases by registered corporations, such as GreenPower, has in reducing their scope 2 greenhouse gas emissions. A corporation's offset scope 2 emissions total only takes into account renewable energy certificates that are voluntarily surrendered.
This information is provided voluntarily by scheme reporters and is not required under the National Greenhouse and Energy Reporting Act 2007. It is important to note that the data published under the National Greenhouse and Energy Reporting scheme for GreenPower represents a portion of voluntary surrender across the market, and does not capture transactions reported under the Renewable Energy Target. See more information about GreenPower.
Offset scope 2 emissions totals are calculated by a corporation deducting electricity that it has purchased using either GreenPower and/or renewable energy certificates, from its total electricity consumption. This net electricity consumption figure is then used to calculate an offset total for the corporation's total scope 2 greenhouse gas emissions.
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