Carbon and Energy Management

This module allows companies in the mining and oil & gas industries to readily quantify and assess emissions of CO2 as well as other greenhouse gases and energy indicators at both the corporate and operational levels.  Designed to satisfy regulatory requirements, the module enables companies to monitor, analyze and manage the company’s carbon footprint across all business units or project.

Moreover, the Carbon and Energy Management module is versatile, offering various possibilities to exchange carbon information with other modules within the Borealis IMS or external systems. More specifically, it can extract and use data from other existing carbon management systems or produce data to feed other global carbon management solutions.

What is carbon management?

According to Edinburgh Centre for Carbon Management, Carbon Management is "the response by individuals, organisations and business to the opportunities and risks arising from climate change and its associated economic and political factors; most notably the demand to reduce greenhouse gas emissions both internally and through the supply of low carbon products."

Why is it important to address this issue?

The mining and oil and gas industries are energy intensive, and the extraction and combustion of fossil fuels is a major source of global greenhouse gas emissions. A growing number of companies in these sectors now recognize that they have a role to play in transitioning to a lower carbon economy and preparing for the effects of climate change. Guided by regulatory requirements, some companies are beginning to implement carbon management policies as a part of their sustainability strategy. To do so, they often need to implement rigorous processes to measure, analyze, and report on their emissions.

Link between carbon and energy management and land disturbance

Borealis has extensive project-based experience, and can help companies address carbon management in the context of land disturbance. Land disturbance is a major impact of mining and onshore oil and gas activities since it occurs at every stage of the project cycle – from exploration to development and operation to closure. In addition to providing greenhouse gas emission indicators, the Borealis Carbon and Energy Management module can help companies properly plan their operational and post-closure land-use programs. Indeed, with an efficient carbon and energy solution to rely on, mining and oil and gas companies are more likely to encourage land use practices and activities that promote the storage of carbon on land, including tree planting and trading in carbon credits.

The three components of Borealis Carbon Management software

The Borealis Energy and GHG Management module follows the Global Reporting Initiative emissions indicators framework and is divided into three sections: