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ISO 14021: Claims on "Eco-Friendly, Compostable, Energy Efficiency"

What are Self-Declared Environmental Claims?

A Self-Declared Environmental Claim (Type II) refers to a specific environmental claim by a company about its product or service. These claims are typically based on self-assessment or self-testing with optional third-party verification. Type II environmental claims are part of a classification system developed based on the ISO 14021 standard.

Why does the company pursue type II claims?

Companies may make Self-Declared Environmental Claims (Type II) for various reasons, primarily to communicate positive environmental attributes about their products or services to consumers. Here are some reasons a company might opt for Type II environmental claims. First, for Marketing purposes, Environmental consciousness and sustainability have become essential factors in consumers' purchasing decisions. Making Type II environmental claims allows companies to differentiate their products or services from competitors by highlighting eco-friendly features and potentially increasing sales. Second, for Competitive Advantage, Companies that genuinely prioritize sustainability and make verifiable efforts to improve their environmental footprint can gain a competitive advantage by showcasing their initiatives through Type II claims. Third, for educational reasons, Type II claims can also serve as educational tools. By sharing information about their products' environmental aspects, companies can help raise consumer awareness about sustainability issues and encourage responsible consumption.

How to Develop Self-Declaration Environmental Claims?

Making Type II claims can be very comprehensive according to ISO14021. Here are some areas of concern to develop a type II claim, including but not limited to defining a claim, gathering data, adopting reliable methodology, avoiding greenwashing, disclosing limitations, legal compliance, and providing additional information to support the claim.

What do MyCO2 offer?

To enhance transparency and confidence, we offer independent verification and assurance services on all type II environmental claims.  

ESG Assurance: Ensuring Confidence in Your Sustainability Journey

What is ESG reporting?
In the evolving landscape of business, Environmental, Social, and Governance (ESG) practices are becoming increasingly integrated into organisations. How a company incorporates sustainability is a distinctive factor in its brand and market identity. With more companies committing to NetZero goals and investing in ESG initiatives, the demand for credible ESG reporting has grown.

What is ISO 14016 and AA1000AS?
Companies are seeking independent assurance for their ESG disclosures to address this demand. This assurance, in accordance with ISO 14016, is vital for effective communication and transparency with stakeholders, including investors, employees, and consumers, about environmental information. Regulatory pressures also emphasise the importance of third-party verification, further emphasising the need for reliable and accurate information. Furthermore, MyCO2's multi-disciplinary team, comprising skilled process auditors, accountants, and engineers, collaborates with your organisation to develop and execute a verification plan aligned with internationally recognised standards like AA1000AS. The outcome is a comprehensive report detailing the data collection process and highlighting opportunities for data enhancement. With our audit expertise, your organisation and its stakeholders can be confident that your reports genuinely reflect your initiatives and progress.

What do MyCO2 offer?

We offer ESG Assurance, an independent verification process for sustainability disclosures and reporting, seamlessly integrated into our comprehensive sustainability solutions. Our verification procedures adhere to relevant standards such as the AA1000 AccountAbility Principles Standard, ISO 14016, and the GHG Protocol. Additionally, our ESG Assurance spans major reporting frameworks, encompassing:

- The Global Reporting Initiative (GRI)
- The United Nations Sustainable Development Goals (UNSDG)
- The Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD)
- The Sustainability Accounting Standards Board (SASB)
- SGX 27 core metrics
- Bursa Sustainability Reporting Guide

ISO 14067: Cradle-to-Gate Life Cycle Assessment

What is PCF?
ISO 14067 delineates the principles, requisites, and guidelines governing quantifying and reporting a product's carbon footprint (PCF), aligning seamlessly with established Cradle-to-Gate life cycle assessment (LCA) standards such as ISO 14040 and ISO 14044. This standard harmoniously contributes to the realisation of UN Sustainable Development Goal 13, dedicated to Climate Action.

Why does the company assess PCF?
Increasingly, numerous consumers are seeking to employ their purchasing decisions to combat climate change and safeguard the environment actively. Forward-looking enterprises are thus assessing their product carbon footprints to empower consumers with informed choices. Simultaneously, this practice enables these businesses to gain deeper insights into their greenhouse gas (GHG) emissions, facilitating targeted reduction efforts. Notably, stakeholders spanning investors to personnel propel companies towards comprehensive measures about sustainability issues. Verified product carbon footprint data is pivotal to achieving this overarching objective.

How does the demand impact decision?
Internally and externally, stakeholders pursue accurate, transparent information to drive product purchasing decisions. The presence of independently verified product carbon footprints equips stakeholders with the means to evaluate the credibility and robustness of brand assertions. Furthermore, Consumers actively seek products boasting lower carbon footprints and anticipate organisations demonstrating proactive measures for GHG emission reduction. This journey commences by establishing the carbon footprint, culminating in its independent verification.

What do MyCO2 offer?

To delve deeper into ISO 14067 PCF Verification, companies disclosing PCFs can seize a competitive advantage, elevating brand reputation and amplifying sustainability performance.

ISO 14064-2: Carbon offsetting, removal, and reduction projects

What is ISO 14064-2?
ISO 14064-2 offers comprehensive guidance for quantifying, monitoring, and reporting GHG emissions reduction and removal at the project level. ISO 14064-2 meticulously validates the structure of carbon offsetting projects through various requirements. The standard also conducts verification procedures to ascertain the actual reduction of emissions resulting from the operation of these projects throughout their lifecycle.

How to offset, remove, and reduce carbon emissions?
To reduce their carbon footprint, organisations must explore strategies to curtail or mitigate their greenhouse gas (GHG) emissions. Companies can counterbalance emissions by investing in carbon credits to address them that cannot be fully avoided. Alternatively, companies implement smaller carbon footprint technology to reduce GHG emissions.

Why does the company need carbon offsetting, removal, and reduction?
With mounting pressure to lower GHG emissions, businesses increasingly use carbon offsetting, removal, and reduction strategies to fulfil their emission reduction targets. Carbon offsetting empowers companies to purchase offset credits that contribute to projects designed to diminish or prevent GHG emissions. This mechanism allows businesses to "neutralise" their remaining emissions, thus enabling them to claim carbon neutrality legitimately. Organisations also have the choice to engage in carbon removal, which involves directly extracting emissions from the atmosphere. This avenue aids companies in offsetting residual emissions, thereby bringing them closer to achieving their net-zero objectives. Also, companies could explore green technologies to reduce GHG emissions, such as solar and wind energy adoption.

What do MyCO2 offer?

MyCO2 provides validation and verification services aligned with ISO 14064-2, empowering companies to offer stakeholders transparency when planning GHG reduction projects and reporting on project performance.

ISO 14064-1: Organisation Quantification of Greenhouse Gases (GHG)

What is ISO 14064-1?
This standard outlines the principles and prerequisites for devising, establishing, administering, and disclosing an organisation's or company's GHG emissions. Organisations may undertake GHG emissions inventory and reporting for diverse motives. These include contributions to their yearly reports, communication with customers, adherence to regulatory or investor reporting obligations, or public acknowledgement of their accomplishments in emission reduction.

Why does the company conduct GHG inventory?
Various entities, including governments, investors, stock exchanges, and enterprises, have instituted reporting mandates. They are exerting pressure on businesses to diminish emissions across their value chains. Standards for inventory and reporting, such as the GHG Protocol and ISO 14064, bolster disclosure mechanisms. These mechanisms are increasingly prevalent among leading corporations, serving as platforms to communicate their environmental, social, and governance endeavours. Prominent disclosure tools Global Reporting Initiative (GRI), the Task Force on Climate-Related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB), the establishment of science-based reduction targets, and more.

What do MyCO2 offer?

Regardless of the disclosure avenue best suited for your organisation, MyCO2 stands poised to guide you through the formulation of Category 1, 2, 3, 4, 5 and 6 GHG emissions and assist in navigating disclosure requisites. MyCO2 verifies organisations’ emissions of Category 1, 2, 3, 4, 5 and 6 amid the global drive to curtail Greenhouse Gas (GHG) emissions. MyCO2 stands by its clients, aiding them in compiling and presenting their GHG emissions inventories, aligning with internationally recognised benchmarks like ISO 14064-1 standard.

MyCO2 holds an AA1000AS License (000-460) for Assurance Provision and can verify Scope 1, 2, and/or 3 greenhouse gas (GHG) emissions for organisations. This verification can be conducted at either a moderate or high engagement level in line with the AA1000 Assurance Standard. Alternatively, it can be carried out at a reasonable or limited engagement level in accordance with the International Standard on Assurance Engagements framework.

MyCO2 is thrilled to share that we have become authorised providers of the AA1000AS assurance service. This allows us to offer a range of tasks related to the AA1000AS assurance standard, including sustainability assurance services, where we validate and assess sustainability reports to ensure they comply with AA1000AS standards. Our services will enhance the credibility of your sustainability report / ESG report by comprehensively evaluating your sustainability performance, policies, and processes. We will also independently verify sustainability data and claims, aligning with stakeholder expectations and promoting transparency. Our commitment lies in providing top-notch services that adhere to internationally recognised standards for assurance.

WHEN YOU WANT TO BE ASSURED

ISO 17029 | ISO 14065 | AA1000AS