Evolving Scope 2 Regulation – The Changing Role of RECs & EACs

As organisations move from Net Zero ambition to accountability and implementation, renewable electricity procurement is entering a new era of scrutiny. Energy Attribute Certificates (EACs) and Renewable Energy Certificates (RECs) remain central to market-based Scope 2 accounting under the GHG Protocol. But expectations around how these instruments are used, and what constitutes a credible renewable electricity claim, are changing rapidly.

Emerging developments across the Science Based Targets initiative (SBTi), GHG Protocol revisions, CSRD, and ISSB-aligned reporting are increasingly focussed on:

• Quality and traceability of certificates
• Temporal- & geographic-matching
• Additionality and “emissionality”
• Auditability and governance of renewable energy claims
• Alignment between procurement strategy and decarbonisation impact

At the same time, organisations are facing growing pressure from regulators, investors, customers, and auditors to demonstrate that their renewable electricity strategies are not only compliant, but credible.

Join Patrick Swords and Lebona Vernon for a practical and forward-looking discussion exploring how organisations can navigate the evolving Scope 2 landscape with confidence.

This webinar will cover:

• The evolving role of EACs/RECS within Scope 2 accounting
• Key developments across GHG Protocol, SBTi, CSRD, and ISSB
• Additionality, temporal matching, and 24/7 carbon-free energy
• Managing audit risk, residual mix exposure, and certificate retirement
• How EACs/RECs fit alongside green tariffs, PPAs, and VPPAs
• The future direction of renewable electricity procurement and disclosure