Ted Atwood com

Refrigerants Impact on ESG Reporting
2023-05-23 08:00 - 17:00 UTC
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.

Why Refrigerant Destruction is the Best Option
2023-05-23 08:00 - 17:00
Decades of evidence show that recycling didn’t work. But this time we don’t have decades.
Destroy all used Refrigerants? Absolutely. Watch Trakref Founder & CEO, Ted Atwood, explain that many older buildings have antiquated refrigeration systems that contain harmful CFCs. Although your systems may still function, they are very likely leaking right now.
Yes, recycling these gasses is one solution. But recycling unintentionally sends these back into use, which will ultimately lead to 100% emissions into our atmosphere. Now, Trakref is working to instead destroy all used refrigerants worldwide at the molecular level, so they never end up vented into the atmosphere to do more harm.
Watch the webinar to learn more about:

Global warming potential (GWP) of refrigerants vs. CO2
Evidence of refrigerant reclamation’s failure
The 13 gigatons of CO2 in refrigerants, air conditioning, and foams
ESRAG’s refrigerant drawdown
The Rotary International donation program

Global Warming Potential

1GWP — CO2
4,750 GWP — R-11 (used in commercial cooling, residential air conditioners, foam blowing agent)
10,900 GWP — R-12 (used in commercial cooling, residential refrigeration, air conditioners)

Benefits of Drawdown

Guidance on best practice in refrigeration management
Co-branding opportunities
Metrics for corporate sustainability reporting
Networking opportunities across the membership

Refrigerants, ESG, and the concept of Double Materiality
2023-05-23 08:00 - 17:00
Double Materiality involves the impact a company creates on the climate – and all aspects of ESG – with operational data at the center.
Double materiality is a carbon accounting practice that mirrors the concept of financial materiality. In essence, data should be disclosed if a reasonable person would consider it important or ”material.”
Your company’s climate-related impacts can be material and therefore require disclosure. Operationalizing the concept of double materiality is key to successful sustainability reporting.
View the webinar to learn more about:

The Story of Double Materiality
Direct Consequences on ESG Filings
What your company is supposed to report
The two dimensions: impact materiality and financial materiality
How the concept applies to refrigerants

Reporting Protocols

The EPA first publicly acknowledged that all refrigerants are vented in 2019.
Compliance reporting requires tracking of leaks and maintenance only on systems 50 pounds and over (in the US).
Sustainability reporting requires tracking of emissions on all systems.
Double-materiality is central to the EC’s proposed Corporate Sustainability Reporting Directive (CSRD).

ESG & Materiality

Financial Materiality: Evidence of impacts that are reasonably likely to affect value (beyond what is already recognized in financial reporting).
Impact Materiality: Evidence of environmental impact from an entity’s operations, products, or services (including through the value chain).
Double Materiality: Involves both impact and financial materiality perspectives (and their interactions).

Operationalizing HVAC/R Compliance
2023-05-23 08:00 - 17:00
To reach compliance success, are you ready, willing, and able to look even deeper into your business?
No matter what type of facility you own or manage, you are responsible for recording, tracking, managing, and reporting your refrigerant usage and HVAC/R maintenance.
Leaks happen, but you have a responsibility to make sure your team knows how to react. “Greenwashing,” or faking results for better optics, is never a winning strategy. Operationalize your HVAC/R compliance and take action to institute a Defensible Compliance Program.
View the webinar to learn more about:

Building a “Defensible” Compliance Program
Using the Cloud for Compliance
CMMS & the Compliance Paradigm
Environmental Governance & Greenwashing

HVAC/R compliance demands operational improvements:

93-97% of companies have further to go on the journey to compliance success.
A small leak in a small system can contribute 20-100 tons of carbon, or about the same carbon that 5-20 cars use in a year.
Less than 5% of all leaks are identified with sub-metering or leak detecting devices.
Emissions have remained at 25% average for more than 20 years, even though technology has advanced.

Your maintenance regime falls into one of 4 categories:

Reactive (breakdown or run to failure)
Preventative (time-based)
Predictive (condition-based monitoring)
Prescriptive (Reliability centered maintenance)
