WHAT IS CARBON OFFSETTING AND REDUCTION SCHEME FOR INTERNATIONAL AVIATION (CORSIA)?
Adopted by the International Civil Aviation Organisation (ICAO) in 2016, CORSIA is a global carbon offsetting scheme which addresses CO2 emissions. The scheme allows for a single point of accountability through a single, global market-based measure (MBM) used to determine CO2 emissions from international aviation.
The objective of CORSIA is to achieve carbon-neutral growth for the aviation industry from 2020 onwards. Forecasted to reduce approximately 2.5 billion tonnes of CO2 between 2021 and 2035, CORSIA is one of the largest carbon pricing instruments in the world in terms of greenhouse gas emissions coverage. The criteria set by CORSIA are based on principles commonly applied under existing trading mechanisms and well-accepted carbon offset certification standards.
All operators with annual emissions of more than 10,000 tonnes of CO2 are required to report their emissions every year, with monitoring of international flights beginning from 1 January 2019 and offsetting requirements from 2021. By complementing emissions reduction initiatives with advances in technology and infrastructure, CORSIA provides support for airlines and aircraft operators to achieve their targets for carbon reduction and achieve a higher environmental integrity.
WHY IS CORSIA IMPORTANT?
Aviation is one of the fastest-growing sources of greenhouse gas emissions. If no policy measures are taken to reduce carbon emissions from the aviation industry, aviation’s carbon pollution will result in significant and costly impacts on our communities, health and climate. By participating in CORSIA, airlines and aircraft operators can help to address the global challenge of climate change and assure your stakeholders that your business is committed to sustainability.
TÜV SÜD HELPS YOU TO DEVELOP A SUSTAINABLE CARBON REDUCTION PLAN AND STRATEGY
We boast experience in certification that is longstanding compared to several reference standards. At TÜV SÜD, we provide the most suitable specialists to carry out the verification activities. TÜV SÜD’s experts hold various international and national accreditations to satisfy local requirements for combined auditing exercises. TÜV SÜD is the only Singapore Accreditation Council (SAC)-accredited verification body for CORSIA in Singapore with global presence of more than 1000 locations, and a one-stop solution provider for Energy & Carbon related technical services.
CORSIA VERIFICATION WITH TÜV SÜD
Accredited by the national accreditation body and registered under ICAO as a verification body, TÜV SÜD’s subject matter experts can verify aircraft operators’ annual Emissions Reports. TÜV SÜD facilitates an efficient four-step verification process for aircraft operators according to ISO 14064-3:2006, and the relevant requirements in CORSIA SARPs Appendix 6. Upon verification, the Verification Report/Statement will be submitted to the client and the local aviation authority from where the operator originated.
A verification engagement comprises of four main stages as follows:
- Pre-engagement profiling is carried out with the operator to determine resource, cost and time involvement.
- TÜV SÜD subject matter experts will plan for the verification process.
- TÜV SÜD team will conduct Verification Activities based on requirements of ISO 14064-3:2006 and CORSIA SARPs Appendix 6.
- Receive your Verification Report/Statement which will also be submitted to the local aviation authority.