Environmental & Sustainability Services
Stage TUV Austria Hellas > Υπηρεσίες > Trade & Commerce – Provision of Services > Υπηρεσίες Solution: EU Emissions Trading System (EU-ETS) Environmental & Sustainability Services Solution: EU Emissions Trading System (EU-ETS) TÜV AUSTRIA HELLAS Ltd. TÜV AUSTRIA HELLAS Ltd. TÜV AUSTRIA Hellas \| Greece Mesogeion Av 429, Agia Paraskevi 15343 Athens Greece +30 210 52 20 920 Send email Mesogeion Av 429, Agia Paraskevi 15343 Athens Greece TÜV AUSTRIA HELLAS Ltd. TÜV AUSTRIA is a Member in Good Standing of TIC Council \| TÜV (R) EU Emissions Trading System (EU-ETS) In which region do you need this solution? All accreditations EU Emissions Trading System (EU-ETS) Brief Description The European Union Emissions Trading System (EU-ETS) is a cornerstone of the EU’s policy to combat climate change and a key tool for reducing industrial greenhouse gas emissions cost-effectively. Under the EU-ETS, companies are required to monitor and report their emissions annually. Detailed description The EU Emissions Trading System (EU ETS) is a ‘cap and trade’ system established by Directive 2003/87/EC. The system works by putting a limit on overall emissions from covered installations which is reduced each year. Within this limit, companies can buy and sell emission allowances as needed. This approach gives companies the flexibility they need to cut their emissions in the most cost-effective way. Key aspects of EU-ETS verification include: GHG Emissions Quantification: The system provides methodologies for calculating greenhouse gas emissions from various sources, including direct emissions from production processes and indirect emissions from energy use. Monitoring Plan: Organizations are required to develop a monitoring plan that details how they will measure and report their emissions. This plan must be approved by the competent authority and include information on the data collection process, calculation methods, and quality assurance procedures. Reporting: Participants in the EU-ETS must submit annual emissions reports that detail their total GHG emissions for the year. These reports must follow the guidelines set out in the Monitoring and Reporting Regulation (MRR) to ensure consistency and transparency. Verification Process: The emissions reports must be verified by an independent accredited verifier to ensure accuracy and completeness. The verification process involves checking the reported data against the monitoring plan and other relevant documentation to confirm its reliability. What is the certification procedure? Certification Regulation Certification Application Who is it for? The following sectors are covered by the EU-ETS: Power plants and combustion installations. Oil refineries. Iron and steel production facilities. Cement and lime manufacturing plants. Pulp and paper production sites. Certain aviation activities. Participation in the EU-ETS is mandatory for companies operating in the sectors covered, but in some sectors only plants above a certain size are included. What are the benefits of verification? Regulatory Compliance: Ensures adherence to EU regulations, avoiding penalties and legal issues. Enhanced Credibility: Boosts your company’s reputation for transparency and environmental responsibility. Risk Management: Identifies and mitigates potential risks in emissions reporting. Operational Efficiency: Provides insights for improving emissions management and reducing operational costs. Who do I contact for more information? Customer Service Department Contact Person: Anna Topaltziki Phone: +30 210 5220920, ext. 2064 More Tags: Industry Food industry Τρόφιμα Pharmaceutical – Cosmetics Construction Products Agrisystems IT & GDPR Trade & Commerce – Provision of Services Αγροδιατροφικός Βιομηχανία Εμπόριο – Παροχή Υπηρεσιών Ενέργεια Κατασκευαστικός – Δομικά Μεταφορές & Εφοδιαστική Αλυσίδα Πληροφορική & Προσωπικά Δεδομένα Φαρμακευτικός – Καλλυντικά Υπηρεσίες Αειφορίας & Περιβάλλοντος Related solutions from the same sector: Energy ISO 20121 Trade & Commerce – Provision of Services Show more All Solutions Discover more sectors: Pharmaceutical – Cosmetics No Sector EN Industry Construction Products Real Estate Facility Management Agrisystems Food Industry Training IT & GDPR Health Tourism Trade & Commerce – Provision of Services Transportation & Supply Chain Telecommunications Financial & Insurance Public Sector Organizations Testing Laboratories

Stage TUV Austria Hellas > Υπηρεσίες > Trade & Commerce – Provision of Services > Υπηρεσίες

Solution: EU Emissions Trading System (EU-ETS)

Environmental & Sustainability Services

TÜV AUSTRIA HELLAS Ltd.

TÜV AUSTRIA Hellas | Greece

Mesogeion Av 429, Agia Paraskevi 15343 Athens Greece

+30 210 52 20 920

Send email

TÜV AUSTRIA is a Member in Good Standing of TIC Council | TÜV (R)

EU Emissions Trading System (EU-ETS)

In which region do you need this solution?

EU Emissions Trading System (EU-ETS)

Brief Description

The European Union Emissions Trading System (EU-ETS) is a cornerstone of the EU’s policy to combat climate change and a key tool for reducing industrial greenhouse gas emissions cost-effectively. Under the EU-ETS, companies are required to monitor and report their emissions annually.

Detailed description

The EU Emissions Trading System (EU ETS) is a ‘cap and trade’ system established by Directive 2003/87/EC. The system works by putting a limit on overall emissions from covered installations which is reduced each year. Within this limit, companies can buy and sell emission allowances as needed. This approach gives companies the flexibility they need to cut their emissions in the most cost-effective way.

Key aspects of EU-ETS verification include:

GHG Emissions Quantification: The system provides methodologies for calculating greenhouse gas emissions from various sources, including direct emissions from production processes and indirect emissions from energy use.
Monitoring Plan: Organizations are required to develop a monitoring plan that details how they will measure and report their emissions. This plan must be approved by the competent authority and include information on the data collection process, calculation methods, and quality assurance procedures.
Reporting: Participants in the EU-ETS must submit annual emissions reports that detail their total GHG emissions for the year. These reports must follow the guidelines set out in the Monitoring and Reporting Regulation (MRR) to ensure consistency and transparency.
Verification Process: The emissions reports must be verified by an independent accredited verifier to ensure accuracy and completeness. The verification process involves checking the reported data against the monitoring plan and other relevant documentation to confirm its reliability.

What is the certification procedure?

Certification Regulation

Certification Application

Who is it for?

The following sectors are covered by the EU-ETS:

Power plants and combustion installations.
Oil refineries.
Iron and steel production facilities.
Cement and lime manufacturing plants.
Pulp and paper production sites.
Certain aviation activities.

Participation in the EU-ETS is mandatory for companies operating in the sectors covered, but in some sectors only plants above a certain size are included.

What are the benefits of verification?

Regulatory Compliance: Ensures adherence to EU regulations, avoiding penalties and legal issues.
Enhanced Credibility: Boosts your company’s reputation for transparency and environmental responsibility.
Risk Management: Identifies and mitigates potential risks in emissions reporting.
Operational Efficiency: Provides insights for improving emissions management and reducing operational costs.

Who do I contact for more information?

Customer Service Department Contact Person: Anna Topaltziki Phone: +30 210 5220920, ext. 2064