Carbon Tax ready? It begins with your GHG report…
South African companies should be gearing up to submit their GHG Reports to the Department of Forestry, Fisheries and the Environment (DFFE) by 31 March 2022, as the pre-requisite for their Carbon Tax payment due on 31 July 2022.
Compiling and submitting a detailed and accurate GHG emission report can be a tedious, complex and time-consuming task, placing data providers under strain – especially those with little understanding of the reporting processes and complex technical guidelines.
“Being Carbon Tax ready begins with a correct and accurate GHG Report, which correctly reflects emissions and calculates an accurate carbon tax bill,” says Lodewijk Nell, partner EcoMetrix Africa. “Carbon accounting should be easy and should not distract you from your core business. However, the right reporting solution can deliver much more, not only streamlining regulatory compliance and minimising tax exposure, but also enabling continuous monitoring of the organisation’s environmental impact and sustainability performance, improving overall business performance.”
To meet compliance and regulatory obligations and to ensure timeous submission of correct, accurate and verified GHG emissions data, EcoMetrix Africa’s clients use EPCAM™, a cloud-based solution which automatically computes data for seamless GHG and Carbon Tax monitoring and reporting, and also enables the identification of key areas for improvement of the overall tax liability and the bottom line.
If you are not completely certain your company is Carbon Tax ready, the EcoMetrix Africa team can provide an expert review of your GHG report, before it is submitted it to DFFE, to ensure the information is accurate, best reflects your operations and does not overestimate your emissions or tax liability.
To speak to one of our partners, please email Lodewijk.Nell@ecometrix.co.za or Henk.Sa@ecometrix.co.za, or call us on 011 4477 892 for an expert assessment and a free demo to simplify and automate your sustainability monitoring and reporting.