International Reporting Schemes Our company exports to the EU – what environmental legislation should we be considering?
There are environmental regulations that apply across the EU, and regulations that are unique to member countries within the EU as well. In most cases the Australian corporation will not be obliged to provide data directly, but rather the EU based counterparty is required to report, and as such requires the data relating to manufacture and transport of goods from the Australian company. Some of the schemes in the EU that your counterparty may be operating within the constraints of or reporting to are United Kingdom – CRC (Carbon Reduction Challenge) France – Bilan Carbone Germany – National Sustainability Strategy If you are an Australian corporation trading in the EU you may be asked to report – directly or indirectly, and your emissions management software needs to be capable of generating the relevant reports at a standard that is consistent with international regulations – Managing emissions through your ERP software is the only way to achieve this level of compliance.
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