CARBON EMISSIONS DISCLOSURE
Carbon Emissions Compliance Made Simple
New Carbon Regulations in California
California recently adopted two laws that will require companies with global sales exceeding $500 million to disclose scope 1 and 2 emissions beginning in 2026, and scope 3 emissions in 2027. Third-party data auditing will go in effect in 2030.
SEC Requirements
On March 6, 2024, the Securities and Exchange Commission (SEC) added “Carbon Emissions” to its 2027 disclosure requirements for public companies, which will affect 2026 reporting data.
New Building Performance Standards
As of April 2024, large building efficiency regulations have been adopted in 14 state and local government jurisdictions. These efficiency regulations establish a maximum kBTU/sq ft (gas and electric usage), or carbon equivalent. Many more jurisdictions have regulations in development, using benchmarking data to establish achievable efficiency targets. Data disclosure appears to be the gateway to efficiency regulation.
Implications
While legal challenges over disclosure requirements play out, regulatory pressure from government entities will continue to require more aggressive energy efficiency levels in both large and small buildings. Although we don't know the speed of adoption, we can project that many buildings will be forced to make mandated efficiency improvements. We've already seen this happen with automobiles with appliances, and we can expect buildings to follow.
Efficiency Economics
The good news is that making energy improvements lowers utility costs, yielding an attractive ROI. The smart plan prioritizes changes that generate the most attractive return on investment – typically starting in the least efficient buildings. A good plan will achieve an attractive financial upside from these mandates by harnessing the right data, presented the right way, to support sound economic decision-making.
Carbon Credits
If your energy usage drops by more than 10% in compliance measured with a new LEO standard, you will become eligible for carbon credits that can either be sold to increase your ROI, or retained in support of your published improvement goals.
EnergyPrint
We've been helping building owners and operators capture utility data and present comparisons that make efficiency improvement decisions intuitive. Our data can be used to drive measurable building efficiency results, as well as prove the return on these investments. We've processed over 1 million utility invoices for 7,800 buildings in our 14 year history. Our average client who invests in improvements saves 25 cents per square foot per year, or 12.7%, double the EPA reported average for ENERGY STAR buildings. These savings quickly pay for our subscription cost. On average, our annual fees are recovered from only 10 days of savings.
Next Step
Take a self-guided demo of our software or schedule a discovery meeting where we can learn more about your needs to determine if we're a good fit. We'll ensure we can enable a financial gain that covers your compliance cost and puts money back in your pocket.
MAXIMIZE ENERGY EFFICIENCY
Ensure Building Compliance with Benchmarking
EnergyPrint helps businesses meet reporting requirements for corporate sustainability mandates, local benchmarking ordinances, and carbon emission disclosures.
What are the benefits of benchmarking your buildings?
- Comply with reporting requirements. As municipalities across the U.S. institute energy benchmarking and carbon compliance for large buildings, make sure your portfolio meets all local ordinances and corporate mandates.
- Energy savings made easy. Using data collected from benchmarking and transparency (B&T) policies, building owners, managers, and operators can identify opportunities to effectively reduce wasted energy and water to achieve reduced utility costs.
- ENERGY STAR integration. EnergyPrint tracks and submits your data directly to ENERGY STAR. Our process includes completing and submitting the application package for your local ordinance and we will work through any rejections to make sure your submission gets through correctly to avoid any benchmarking fines. We get it done for you!
Ready to get started?
Benchmarking support can be added to any EnergyPrint plan for $99/building.
For ongoing utility tracking, our Auto-Fetch service is affordable and offers scalable pricing discounts the more you track with us.
OUR SOLUTIONS
Learn more about EnergyPrint solutions
See how you can improve building value and performance with relevant and accurate data, benchmarking and reporting services from EnergyPrint.
Utility Data Management
Gain insights with relevant, accurate utility data
Learn More
Utility Dashboard
Discover opportunities to reduce and manage energy costs
Learn More
Custom Reporting
Tell your energy savings story with Insights Architect
Learn More
Energy Insights
Identify leads and opportunities and become a trusted energy advisor
Learn More
Qualifying Benchmarks
Establish credibility with data-driven benchmarking reports
Learn More
Measurement & Verification
Prove energy savings and ROI with quality utility data
Learn More
Data Export
Get utility data delivered to you any way you want it
Learn More
ENERGY STAR
Streamline the ENERGY STAR certification process
Learn More