Overview of Environmental Statement Validation and Verification
Environmental statement validation and verification help protect consumers in relation to environmental claims made by providers of products and services. These services involve assessing a company’s environmental statements and their alignment with the environmental programs implemented by the company.
For companies, environmental statement validation and verification can help improve corporate image and competitiveness while demonstrating environmental responsibility. Through independent and objective validation and verification, environmental statements can be assessed in a structured manner.
Scope of Environmental Statement Validation and Verification
As an independent and objective inspection body, PT SUCOFINDO provides environmental statement validation and verification services covering:
Greenhouse Gas (GHG).
Energy.
AFOLU (Agriculture, Forestry and Other Land Use).
Water Footprint.
Green Bond.
Eco Label.
Recycled Content.
Biodegradable.
Life Cycle Assessment (LCA).
Environmental Performance.
Types of Environmental Statements Covered
The environmental statements within the scope of these services cover the following aspects:
1. Greenhouse Gas (GHG)
Greenhouse gases are gases present in the Earth’s atmosphere that contribute to the greenhouse effect. In business activities, companies may generate greenhouse gas emissions through their operations. GHG assessment relates to emissions generated by companies through these activities.
2. Energy
Energy is included in the scope of PT SUCOFINDO’s environmental statement validation and verification services.
3. AFOLU (Agriculture, Forestry and Other Land Use)
AFOLU stands for Agriculture, Forestry and Other Land Use. It is included in the scope of environmental statement validation and verification services.
4. Water Footprint
Water Footprint is a concept used to track the amount of water consumed by a company to produce its products and services. Water footprint analysis can provide information about water use in production or service delivery activities.
5. Green Bond
A Green Bond is an environmentally oriented debt instrument whose proceeds are used to finance or refinance part or all of environmentally oriented business activities.
6. Eco Label
An Eco Label is a form of standard designed to balance trade interests with environmental conservation efforts.
7. Recycled Content
Recycled Content is included in the scope of PT SUCOFINDO’s environmental statement validation and verification services.
8. Biodegradable
Biodegradable is included in the scope of PT SUCOFINDO’s environmental statement validation and verification services.
9. Life Cycle Assessment (LCA)
Life Cycle Assessment (LCA) is an approach used to assess or evaluate the potential environmental impacts of a product or service throughout all stages of its life cycle.
10. Environmental Performance
Environmental performance relates to a company’s efforts to integrate environmental considerations into its operations and interactions with stakeholders.
11. Environmental, Social, and Governance (ESG)
ESG stands for Environmental, Social, and Governance. ESG is included in the service name provided, but a specific explanation of its validation and verification scope has not been detailed in the available source information.
