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HVAC News Roundup May 2022
May was a busy month in the HVAC/R world. Between conferences, legislative and government updates, and new reports, there was a lot to stay on top of. At Trakref, we’ve been tracking the latest and have the run-down to share with you.
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ESG Reporting Study With Darden School of Business
Not only are investors increasingly showing that ESG reporting important information is needed to make financial decisions, but governments are also beginning to require this information. The SEC recently moved forward rulemaking to make elements of corporate ESG data reporting required for publicly traded companies, and California’s senate passed SB 260 which will make climate…
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Where ESG Reporting Still Falls Short
In a perfect world, investors, board members, and executives would have full confidence in companies’ environmental social and governance (ESG) reporting and see it as an effective way to fight climate change as well as have a sound business strategy with strategic importance.
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What the EU Taxonomy for Sustainable Activities Means for HVAC/R Pros
There has been an increased focus on environmental objectives and environmentally sustainable economic activities in the business world. Climate change mitigation, sustainable finance, and sustainable investment used to be something that was only talked about in the realm of idealists.
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Tracking Emissions with Fugitive Emissions Software
Fugitive emissions software is becoming increasingly important. For example, on March 21, the SEC decided to move forward on making climate disclosure reporting, including Scope 1, 2, and 3 emissions, required for registered companies.
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HVAC News Roundup for April 2022
We’re at the end of another month, and that means it’s time for an HVAC/R round-up. While not as ground-breaking a month as March, there was still plenty going on in the HVAC/R world.
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ESG Reporting, Fugitive Emissions & Accountability
If you’re in an ESG (environmental social and governance) leadership role for business models, either as a consultant or in-house expert, GHG emissions are likely to be a large focus within your business strategy.
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The Latest Updates to the AIM ACT
The American Innovation and Manufacturing (AIM) Act passed in 2020 and greatly impacted the refrigerant industry. In an effort to fight global warming and curb greenhouse gas emissions, the act looks to phase out certain HFCs commonly used in air conditioning, fire suppression, and industrial refrigeration with next generation technologies.
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What Falls Short With Emissions Factors
Emissions factors are a popular way to capture data about greenhouse gas. They show emissions related data for everything from refrigeration to electricity generation. They also help with showing emissions reported through representative value for content such as ESG reports.
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HFCs Refrigerant – New California Amendments
California’s codes and regulations for hfcs refrigerants are often seen as a model for environmental sustainability and decreasing our environmental footprint. That’s why we’ve been keeping an eye on their latest amendments – Title 17, Division 3, Chapter 1, Subchapter 10 Climate Change, Article 4 – which led to some new regulations that came into…