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Refrigerants Impact on ESG Reporting
May 23, 2023 @ 8:00 am - 5:00 pm
Your Business As Usual approach no longer provides you with Investor Quality Data. It’s time to upgrade to auditable data.
TrakRef CEO Ted Atwood discusses how the SEC now closely monitors standardized disclosures and ESG results for public companies. Investors are deeply interested in better ESG data and transparency. HVAC/R activity is now going to need high-quality documentation to support sustainability and compliance obligations.
Watch the video to discover why carbon emissions tracking, F-gas tracking, and refrigerant recordkeeping, have moved to the front line of ESG compliance.
In this webinar, you’ll learn more about:
- The SEC Response to Climate & ESG Risks
- The real GWP of regularly used refrigerants
- Definitions of Scope 1, 2, and 3 emissions
- Investor Grade Data vs. Mechanic Grade
- Operationalizing compliance
SEC’s Rulemaking
- The SEC has moved forward on rulemaking to make climate disclosures required for publicly-traded companies
- Scope 1, 2, and 3 will be required
- Make sure your company is prepared
Refrigerant Fast Facts
- 1 pound of refrigerant = 1+ tons of carbon.
- > 600 million LBS of refrigerant leak annually in the U.S.
- 25% leak rate industry-wide leak rate on refrigerants, according to the EPA
- Leaked refrigerants had a greater environmental impact than all CO2 emissions from U.S. passenger aircraft travel in 2019.
- > 85% of refrigerant data assets and inventory information are inaccurate or insufficient to provide useful metrics.
