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Leverage Assists Shanghai Qingyue ESG Inclusive Carbon Accounting System in Completing System Validation|Corporate News|Leverage

Leverage Assists Shanghai Qingyue ESG Inclusive Carbon Accounting System in Completing System Validation

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Leverage Assists Shanghai Qingyue ESG Inclusive Carbon Accounting System in Completing System Validation

In December 2023, Leverage completed the system validation for Shanghai Qingyue's Qingyue ESG Inclusive Carbon Accounting System and issued a Carbon Inventory System Validation Statement Certificate.

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Through product development document reviews, prototype evaluations, and algorithm testing of the Qingyue ESG Inclusive Carbon Accounting System, Leverage confirmed that the carbon inventory module of the software system meets the requirements of the GHG Protocol. The identification of accounting boundaries is reasonable, the greenhouse gas quantification model is complete, and the emission factor data is comprehensive, ensuring that the accounting results are accurate and reproducible.

To reduce the ESG dual-carbon transformation costs for small and medium-sized enterprises (SMEs) and improve transformation efficiency, Shanghai Qingyue recently launched the internal testing of the Qingyue ESG Inclusive Carbon Accounting System. The current phase supports the calculation of Scope 1 and Scope 2 greenhouse gas emissions for 24 industry sectors and types of organizations as defined by the National Development and Reform Commission (NDRC). Additional accounting standards will be gradually supported in subsequent phases.


The Current V1.0 Version Has the Following Features:
01

Strictly Follow the Standards and Meet the Following Standards

ISO 14064 (International ISO Standard), GHG Protocol (Corporate Greenhouse Gas Accounting and Reporting Standard) (internationally recognized, in accordance with IFRS S2 (ISSB)/GRI/ESRS and other international standards), and the 'Guidelines for Greenhouse Gas Accounting and Reporting for Enterprises in 24 Industries' by the National Development and Reform Commission (to be followed by non-national carbon trading enterprises in China).

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02

High Transparency

Provide the links to the accounting standards synchronously, and display the accounting formulas along with the accounting process. The accounting results should be clearer and more detailed.

All default emission factors are displayed at the same time as the original source.

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03

Latest Emission Factor

Includes the 2022 national and regional power emission factors, such as those for Shanghai, as well as the IPCC AR6 GWP, all updated to the latest version.

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04

Provide Flexibility

For cross-industry scenarios, it is possible to include the accounting results of different industries within a single accounting report.

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05

Universal and high cost-performance

Greenhouse gas accounting is completely free, with only a small cost (in the range of tens of yuan) charged for exporting the accounting report in the future.

Real-name registration is not required. You can start using it immediately with WeChat authorization or by logging in with your phone number.

Considering that the main target audience is small and medium-sized enterprises, the system currently does not support group consolidation based on GHG Protocol, such as equity control and operational control. However, if needed, this function can be manually performed with low complexity.

Because it complies with ISO 14064 and GHG Protocol requirements, this system can directly generate greenhouse gas Scope 1 and Scope 2 accounting data that meet international ESG disclosure standards, including IFRS S2, GRI, and the EU ESRS.

If you want to know more information, please contact us: 

■ Shanghai : 
Leverage Limited (Shanghai) Co., Ltd.
Address: Room 402, No 2. Building, No .1328, Hengnan Rd, Shanghai, China
Phone: + 86 21 64067720
Email: info@leveragelimited.com

■ Hongkong : 
Leverage Global Limited
Address: Room 1318-19, Hollywood Plaza, 610 Nathan Road, Mongkok, Kowloon, Hong Kong

               


                   

【Contact Us】

Tel:
+86 21 64067720

Email: info@leveragelimited.com



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