Aiming to increase the transparency of carbon offset & neutrality claims, Publicly Available Standards (PAS) 2060 provides a common definition and recognized method for achieving carbon neutrality. ERM CVS increases stakeholder confidence in PAS 2060 GHG neutrality disclosures through provision of external independent third-party validation.

PAS 2060 specifies the requirements to demonstrate carbon neutrality through the quantification, reduction and offsetting of Greenhouse Gas (GHG) emissions. As an accredited PAS 2060 third party under the United Kingdom Accreditation Service (UKAS), ERM CVS facilitates compliance and provides confirmation that your carbon neutral claims on the organization, project, product, services or event levels are correct with verified grounds.

There are many benefits to using PAS 2060:

  • Meets the increasing expectation for action on climate change issues from internal and external stakeholders
  • Logically and systematically quantifies carbon footprints and GHG emission reductions
  • Identifies critical/sensitive areas of high carbon intensity
  • Saves costs through improved energy efficiency
  • Attracts investment through higher environmental performance scores on global indexes
  • Gains creditability via traceable and carbon neutrality statement certification

Working toward carbon neutrality under PAS 2060 typically involves the following four key stages:

1. Quantification of carbon footprint

The first stage involves estimating the organization’s carbon footprint according to defined scopes and boundaries. Commonly applied standards and methodologies include ISO14064, the WBCSD/WRI Greenhouse Gas Protocol, PAS 2050 life cycle assessment and ISO/TS 14067.

2. GHG emission reductions

At this step, a Carbon Management Plan is developed and implemented to reduce the emissions identified. This plan should be updated on an annual basis and include a commitment to carbon neutrality from the top management.

3. Offsetting

PAS 2060 requires that the total amount of residual carbon emissions should be fully offset to achieve the status of carbon neutrality. The entity must identify and document the relevant methodology(ies) being used to offset, and the schemes must meet the requirements of the standard. The following types of offsets are in line with PAS 2060 requirements:

  • Clean Development Mechanism (Certified Emission Reductions [CERs])
  • Joint Implementation (Emission Reduction Units [ERUs])
  • Gold Standard (Voluntary Emission Reductions or GS CERs)
  • Verified Carbon Standards (VCUs)
  • Climate, Community and Biodiversity Standard

4. Documentation and verification

The final stage to declaring carbon neutrality under PAS 2060 is for the organization to document and verify its neutral status by publishing a Qualifying Explanatory Statement.

Although self-validation of that statement is allowed under PAS 2060, independent third-party validation strengthens the PAS 2060 process and can signal that an organization has followed a justifiable methodology to calculate, reduce and offset its GHG emissions. As a UKAS-accredited body, ERM CVS can offer our clients third-party validation for PAS 2060 Qualifying Explanatory Statements.