Several of Japan’s leading academic institutions, including an increasing number of highly respected universities, have appointed LRQA to help them conform to new environmental legislation introduced by the Tokyo Metropolitan Government (TMG).
They join a range of high profile commercial and industrial organizations - from Panasonic to All Nippon Airways, and from NTT DoCoMo to Japan Tobacco - to choose LRQA for its verification services.
The race for verification follows the launch in April 2010 of TMG’s Emissions Trading Scheme (Tokyo-ETS) which is designed to help tackle climate change. The scheme is the world’s first urban cap-and-trade program to cover office buildings as emissions reduction targets, and will impact on hundreds of large properties in the city, each of which must have its emissions verified by an approved, independent organization.
Simon Batters, Vice President, LRQA Japan and Korea, said; “The uptake of LRQA’s services by academia, in response to the demands of the ETS, is very important as we seek to create and build important relationships with clients across a broad spectrum of businesses, industries and other interests which now include universities and similar institutions.” This is strategically significant for LRQA’s business development plans across Asia.”
The Tokyo Metropolitan Government’s (TMG) Emissions Trading Scheme (Tokyo-ETS) aims to reduce carbon dioxide emissions from large office buildings and factories within the city, and is the first carbon trading initiative in Asia that allows organizations to purchase emissions credits achieved by others.
It is expected to serve as a model for the Japanese central government, which plans to design a nationwide emissions trading system within a year.
The Tokyo-ETS is mandatory, and will cover some 1,400 offices, commercial buildings and factories (‘entities’) that annually consume more than 1,500 kilolitres of energy. The government of Tokyo - home to nearly 13 million people - aims to slash these emissions by 25 per cent from 2000 levels, by 2020.
Under the first phase of the scheme - 2010 to 2014 - targeted entities will be required to cut CO2 emissions by either 6 per cent or 8 per cent from base-year levels that are calculated from average emissions over a period of three consecutive years between 2002 and 2007. In the second phase - 2015 to 2019 - they will be required to cut emissions by 17 per cent from their base-year levels.
Entities affected will also be able to buy credits earned through reduction efforts by small and medium-sized companies in Tokyo and their branch offices outside the capital. Renewable energy certificates issued by power generators can be also purchased, and actual trading under the scheme will begin in 2011.
Any entity that fails to reach its reduction goal will be ordered to cut emissions by 1.3 times the amount it failed to cut in the first phase. Those who do not comply with this will be publicly ‘named and shamed’ and will face fines of up to 500,000 yen.
Within days of the scheme coming into force, LRQA Japan was inundated with requests for its help as a certified verification body, and within weeks, many of the country’s leading organizations signed up for its services – among them blue-chip household names including Bank of Japan and Suntory Holdings Ltd.
An increasing number of leading Japanese academic institutions are now joining this growing list of high profile financial, commercial and industrial organizations in appointing LRQA to verify their greenhouse gas emissions as they seek to comply with the Tokyo-ETS.
Among the universities turning to LRQA in response to the requirements of the scheme are Aoyama Gakuen; Shibaura Industrial University; Hosei University, and Tokyo University of Agriculture and Technology.
Commenting on the confidence shown by these institutions, Simon Batters, Vice President, LRQA Japan and Korea, said; “LRQA is already leading the field for ETS verification among some of the Japan’s major financial, commercial and industrial brands – many of them world market leaders. The fact that Japan’s academic institutions, including respected universities, are now following suit is testimony to LRQA’s standing and reputation in the community as a respected, professional, organization.”
Within months of Tokyo-ETS being launched, a growing list of high profile organizations have appointed, or are in the process of appointing, LRQA for its verification services. In addition to organizations such as Bank of Japan and Suntory Holdings Ltd they include:
- Panasonic Electric Works Co., Ltd. - The world's largest consumer-electronics manufacturer. With 384,586 employees, Panasonic was ranked in the world in 2009 by the Forbes Global 2000.
- NTT DoCoMo Inc. - Japan's largest mobile-phone operator, with 125 subsidiaries, 25 related companies and a total of 57,000 contracted employees.
- Japan Tobacco Inc. - The country’s leading cigarette manufacturer, and the world's third-largest publicly traded cigarette producer.
- All Nippon Airways (ANA) - Japan’s leading airline, and Asia’s second biggest carrier.
Simon Batters, Vice President, LRQA Japan and Korea, said; “We are delighted that, within just months of the scheme being introduced, so many leading Japanese brands across the spectrum of air transport, banking, electronics and food manufacturing have put their faith in us to help them to comply. This is not only a major achievement in itself, but will be of enormous importance as we continue to create and build important new strategic relationships with major Japanese companies.”
LRQA JAPAN AND ETS VERIFICATION
LRQA Japan is poised to become one of the first verification bodies to achieve full certification for all seven categories of the Tokyo-ETS scheme, including as a. Top Level Verification body.
Under its agreement with its academic, financial, commercial and industrial clients, LRQA will help the organizations conform to the requirements of the Tokyo-ETS by verifying that their reported greenhouse gas emissions are accurate.
The verification process will also enable clients to:
- publicly demonstrate their compliance with the scheme;
- establish the integrity of systems and processes that generate emissions data;
- identify any deficiencies against the scheme’s requirements;
- identify opportunities for improvement in the accuracy and completeness of data.
LRQA’s ETS verification opinion statement can also be submitted to the relevant authorities, allowing clients to register their verified emissions and trade surplus amounts.
For further information on ETS verification services offered by LRQA Japan and Korea, please contact LRQA-Japanemail@example.com.