19 February 2021
The Clean Energy Regulator has unveiled a new initiative to improve the transparency of corporate carbon offset purchases, announcing it will publish a new annual Corporate Emissions Reduction Transparency report (CERT), that details the voluntary carbon offset measures undertaken by Australia’s largest emitters.
The Clean Energy Regulator administers the National Greenhouse and Energy Reporting scheme (NGERs), which collects and publishes annual emissions and energy consumption data for around 400 of Australia’s largest emitters.
While data published through NGERs provides detailed insight into the amount of greenhouse gas emissions that Australian corporate entities are responsible for, the current reporting regime provides minimal visibility of any carbon offsets that businesses may purchase in an effort to reduce their overall emissions footprint.