Carbon Smart Ltd have prepared this verification opinion for Croda International Plc, through which it confirms that Croda International Plc’s (Croda’s) global reported scope 1, 2 and 3 greenhouse gas (GHG) emissions and the total energy consumption percentage split into fossil and non-fossil have received reasonable verification in accordance with the requirements of the ISO 14064 – part 3: 2019 standard.
The verification covers Croda’s stated historic emissions for one reporting year – the 12 months starting 1st January 2019 and ending 31st December 2019 – the intensity metric (tCO2e/£m turnover) and the restatement of scope 3 emissions due to improvement of calculations for year ending 31st December 2018, as shall appear in Croda’s Annual Report and Accounts and wider environmental reporting.
Croda were responsible for the preparation of the GHG emission statements and the internal management controls governing the data collection, collation and GHG calculations performed.
Carbon Smart were responsible for carrying out a reasonable verification assessment in accordance with the ISO 14064-3:2019 ‘Greenhouse gases - Part 3: Specification with guidance for the verification and validation of greenhouse gas statements’ and providing an independently expressed opinion on the reported GHG emissions totals and performance, for each of the data sources included in the scope of this verification exercise.
The boundary of the verification process included 19 manufacturing sites, 38 non-manufacturing sites and 11 Incotec sites over which Croda International Plc have operational control, across 37 countries.
GHG sources included in the verification process:
• Scope 1: Natural gas; landfill gas; biogas; light fuel oil; heavy fuel oil; gasoline; diesel; propane/LPG; energy from waste oil; biodiesel
• Scope 2: Electricity; steam; renewables; district heating
• Scope 3: Raw materials; water supply and treatment; legal services; capital goods; well to tank fuels; well to tank electricity; electricity transmission and distribution (T&D), waste; air travel; car travel; other travel; employee commuting, upstream transportation and distribution
• Outside of scopes: Biogenic portion of vehicles fuels; biofuels
• Excluded from scope: VOCs
• Types of GHGs included, as applicable: CO2e, CO2, N2O, CH4, HFCs, PFCs and SF6
• Energy: Total energy consumption percentage split from fossil fuels and non-fossil fuels
|| Scope 2
||Outside of scopes
||Scope 1 + 2
|| 187 tCO2e/£m
|| 158 tCO2e/£m
|| 150 tCO2e/£m
||45,974||942,134||23,012||161 tCO2e/£m turnover|
|2019||140,403||63,303||33,959||890,646||15,382||146 tCO2e/£m turnover|
Croda’s GHG inventory has been completed in accordance with the World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (for Scope 1 and 2) and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (for Scope 3). The verification criteria assessed the adherence of Croda’s GHG statements and procedures to the best practice reporting principles of relevance, completeness, consistency, transparency and accuracy.
Carbon Smart conducted the reasonable verification engagement in three separate phases: in September/October 2019 through an initial phase of engagement with material and non-material sites, in November/December through further engagement with the second group of material and non-material sites and throughout January/ February 2020 for the final data set. We used the appropriate verification planning, validation, GHG assessment and evaluation steps in accordance with the requirements of ISO 14064:3 2019, and in adherence to the standard’s principles of independence, ethical conduct, fair presentation and due professional care.
Our verification opinion is based on the following activities:
Based on the procedures followed for reasonable verification, Carbon Smart declares that Croda’s scope 1, 2 and 3 emissions for the reporting period 2019, year on year performance changes in Croda’s operational GHG inventory and total energy consumption % split are:
Wcan confirm our independence, ethics and competence as follows:
In future Croda International Plc should:
Carbon Smart declares that Croda International Plc have received limited verification for reporting years ending 31st December 2015, 2016, 2017 and 2018; and reasonable verification for reporting year 2019 for the following:
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