Landfills and feedlots generate large volumes of methane as organic waste decomposes. Waste management companies and industrial farmers can easily locate the source but measuring the volume is technically challenging. This is the case even when there is a system in place to capture a large portion of the methane.
METHANE WATCH BRINGS THE FOLLOWING BENEFITS
Investors are increasingly focused on the environmental performance of the companies in their portfolio. Regulators and consumers are also likely to differentiate between site operators. Companies that are proactive in the measurement, mitigation and disclosure of GHG emissions are likely to be rewarded by the market with a deeper investor base, a lower cost of capital, higher revenue and a higher share price.
LICENSE TO OPERATE
Operators who are in the bottom deciles of the industry’s methane intensity curve are more likely to attract and retain talent, and better placed to engage with local communities and regulators.
Self-certification is likely to be met with a certain amount of scepticism. Instead, site operators can benefit from the credibility associated with an independent 3rd party and benchmark against other sites around the world.