The EU Emissions Trading Scheme is a key European Union policy, designed to cut carbon emissions across member states.
Companies participating in the scheme are allocated carbon allowances by governments. If these organisations emit more than their allowance of greenhouse gases, they can purchase more. Companies that emit below their allocated allowance can sell the excess on.
This gives companies the flexibility to manage their carbon output effectively, while also reducing the production of harmful emissions.
Organisations covered by the EU Emissions Trading Scheme
Organisations covered by the EU Emission Trading Scheme are those involved in heavy industry, such as:
- Electricity generation
- Iron and steel production
- Cement manufacture and other mineral processing
- Pulp and paper processing
At Envido, we can help you measure and manage your carbon output. This will save you money under the EU Emission Trading Scheme.
Advantages of the EU Emission Trading Scheme
The EU Emission Trading Scheme does not impose strict limits on companies. This means they will retain the flexibility needed to grow, while also reducing carbon production under their own environmental strategy.
The scheme has been running since 2005, with the aim of:
- Ensuring stable emissions limits are in place
- Building a global carbon market
- Improving efficiency across industries
Envido have the experience needed to help you meet your commitments under the EU Emission Trading Scheme. This can be through environmental training, smart metering or ensuring you are up to date with environmental legislation.
We can also make sure you meet the targets set by other environmental schemes, such as:
Contact Envido today to find out more about how we can help your company meet and exceed your environmental obligations.
