Emissions trading is the primary climate policy instrument in Europe. In Germany participation is mandatory for the operators of some 1,900 plants. With the start of the 4th trading period (2021-2030), there are important changes that must be observed. For example, the allocation rules have been tightened and the reporting obligations expanded. With the ambitious targets of the EU and in the course of the reform proposals of the "Fit for 55" package, this development continues, as a variety of important regulatory requirements are emerging. FutureCamp will help you interpret the changing framework and find the right answers.
We are among the most experienced and competent partners for companies in this business field. We support facility operators with a broad range of consulting services across the board:
- Developing an optimal application strategy for the allocation of EU emission allowances (EUA) and taking over the application itself with the Form Management System (FMS).
- Carbon management: Defining and implementing long-term monitoring and emissions management systems
- Emissions reporting and allocation data reports - Development and adaptation of monitoring plans
- Registry account management: as a complete package or as a back-up solution for hedging purposes
- Workshops on price development and trading strategies
- Execution of trading transactions for our existing customers
- Electronic communication with DEHSt (Virtual Post Office VPS)
- Impact of the EU-ETS on investments and products
- Demand and cost forecasts
"In addition to operational support, our customers get significant added value in particular through comprehensive quality assurance, comparison of application data with all relevant allocation rules, review of special rules, observation of legislative developments and administration of the application process, as well as our role as a contact and discussion partner for emissions trading-specific issues."
Thomas Mühlpointner Thomas Mühlpointner is a member of the management of FutureCamp Climate. He is an expert in all questions regarding national and EU emissions trading as well as fuel emissions trading (BEHG). Since the beginning of his work for FutureCamp in 2003, he has been supporting plant operators in European emissions trading and advising directly or indirectly affected companies on national emissions trading.
FutureCamp is the go-to point of contact for many companies in the industry. These include, in particular, energy-intensive companies in the chemical industry and the steel and building materials industries, as well as numerous industrial energy supply plants in all sectors. We are market leaders in this aspect.
Download: Services EU Emissions Trading
The German government's Climate Protection Act obliges all sectors to cut CO2 emissions. While the sectors of power generation and industrial operations are already subject to mandatory regulations through European emissions trading, measures for the sectors of transport, SMEs, services and buildings in Germany have now also followed as a result of the Fuel Emissions Trading Act (BEHG). The core component is emissions trading for combustibles and fuels, which started on January 1, 2021. The aim is to ensure that Germany reduces its greenhouse gas emissions by 65 percent by 2030 compared to 1990. In the introductory phase, a fixed CO2 price of €25 per t of CO2 will apply in 2021, rising to €55 in 2025. This measure not only affects newly covered operators, it also raises specific delimitation and implementation issues for operators already regulated by EU emissions trading. This measure not only affects the newly covered "fuel distributors", but also raises concrete demarcation and implementation issues for plant operators already regulated by EU emissions trading. Ultimately, all companies that use combustibles and fuels are indirectly affected.
FutureCamp supports all existing and new players in the CO2 market to stay on top of the challenges and opportunities, to avoid double burdens for their company and to use support programs and individual measures from the Climate Protection Act:
- Defining and implementing permanent emission monitoring systems
- Preparation of monitoring plans and emission reports
- Accompanying the verification of the emission reports by a certified company
- Submission of verified emission reports to and handling of electronic communication with DEHSt
- Defining and implementing permanent emission monitoring systems
- Assessment of the hardship clause
- Carbon leakage: support in the application process for carbon leakage offsets
- Avoidance of double counting or financial compensation
- Forecasts of demands and costs
- Registry account management: as a complete package or as a back-up solution for hedging purposes
- Execution of trades (see also Execution of trades in the nEHS)
FutureCamp is approved as an intermediary at the European Energy Exchange (EEX). In this capacity, FutureCamp can procure nEHS certificates for customers via the EEX sales platform. The general conditions and purchase orders are available under Market Activities & Registry Services (in German).
"Fuel emissions trading has added another important building block to Germany's climate policy. It has rightfully attracted a lot of attention. In our consulting practice for companies, we nevertheless place great importance on looking not only at the risks, costs and administrative efforts associated with CO2 pricing, but also at the opportunities for new products and improved processes. This requires a holistic picture as well as the inclusion of other elements of the German climate protection program, such as support mechanisms."
Annette Gruß is Managing Director of FutureCamp Climate and responsible for the business areas of climate, energy, sustainability and environment. She develops energy, environmental and climate strategies and accompanies target definition processes for companies. Ms. Gruß has been working at FutureCamp since 2003 on the strategic and operational preparation and implementation of all aspects of EU emissions trading, on fuel emissions trading (BEHG) and all-encompassing climate strategies for our clients.
FutureCamp is also the contact for many companies in the energy sector and industry for national emissions trading. These include, in particular, gas suppliers and city utilities as well as energy-intensive industrial companies.
With our webinars on the "Climate Protection Program 2030 & National Emissions Trading - BEHG" (... more information), we have developed a dedicated academy format for this topic area. We are also happy to offer you more in-depth in-house workshops.
Download: Beratungsleistungen im Brennstoffemissionshandel (BEHG)
For the period 2013-2020 and beyond, electricity-intensive industries can be compensated for the costs ensuing through CO2 emissions trading in the EU, which are passed on to them indirectly through the electricity price.
We prepare the data for entry in the required software (Form Management System FMS) and finalize the application. We can also take over the electronic communication with the German Emissions Trading Authority DEHSt via the virtual post office (VPS).
FutureCamp is your competent partner in all matters relating to emission certificates in European and national emissions trading. The monitoring and analysis of the climate and energy policy developments as well as the CO2 market are of strategic and operational importance. They have implications for the CO2 management and procurement strategy.
Managing the company’s CO2 position and an appropriate procurement strategy represent a key factor in remaining competitive, realising opportunities and hedging against future risks. This applies to plant operators, as well as project developers, financial institutions and stock exchanges.
This is why we support you in both the EU emissions trading system as well as in national certificate trading with the following tasks, among others:
- Management of allowances accounts in the Union registry
- Workshops for the development of a trading strategy for the 4th trading period
- Regular market information and customer-specific newsletter
- Processing of trading transactions on the spot market for existing customers
- Market monitoring and analysis, implications for procurement strategy
- Definition of company-specific CO2 position (incl. scenario analysis if applicable)
- Development and management of CO2 position management tools
"It is important for me that we offer our clients the best possible independent advice. The analysis of company-specific costs as well as customer and demand structures results in very different procurement needs in terms of price thresholds, installments and market access. If the best suited option for our clients is to procure the required quantities through us, we will be happy to do so, but we will also tell clients quite openly if we consider procurement through their house bank or the stock exchange, for example, to be more suitable, and we will be happy to arrange contacts. The same applies to registry account management. Some like to hand this over completely, others simply want a safeguard for emergencies. Filtering out and analyzing these very specific needs in each case is a task we are happy to tackle together with our customers"
Dominik Glock is Head of Trading, Offsetting and Registry Services at FutureCamp and is responsible for the areas market activities as well as registry and offsetting services . Since joining the company in 2006, he has been assisting clients in purchasing and selling emission certificates in EU emissions trading and for the voluntary market as well as all related services.
On the one hand, we are aware of the needs of companies, public authorities and persons, who are active in climate protection and on the other hand, we have many years of experience in the development of climate protection projects. Here, the aim is to generate emissions savings and to promote and communicate sustainable development of the project region in line with the Sustainable Development Goals (SDGs) of the United Nations. Having developed over 100 climate protection projects ourselves (VER, JI and CDM), we know what matters. This qualifies us well for the procurement and marketing of climate protection certificates.
Are you an industrial company, energy supplier, financial institution or public institution looking for the right climate protection project as a building block for your climate strategy? We can support you with the following services:
- Procurement of regional or international certificates or verified target contributions from high-quality climate protection projects for GHG neutrality or net-zero goals
- Solutions for the communicative use of national and regional climate protection projects as a contribution to the achievement of German climate goals
- Evaluation of contract structures for the procurement of emission reduction certificates or participation in climate protection projects
- Portfolio management (registry account management, transaction processing, decommissioning)
- Evaluation of project ideas and development of climate protection projects
Bavarian State Ministry for the Environment and Consumer Protection Together with the Bavarian State Ministry for the Environment and Consumer Protection, we developed the CO2 start-up balance and reduction potentials. In addition, we supported the climate neutralization for the CO2 balance years 2018-20 by offsetting the unavoidable CO2 emissions by identifying suitable climate protection projects, as well as procuring and retiring the CO2 certificates in the corresponding registers.
The Paris Convention confirms and expands the CO2 market mechanisms to motivate the ambitions of national climate protection contributions as a useful support tool.
The rulebook has changed now following the replacement of the former Clean Development Mechanism (CDM) by a new mechanism to avoid greenhouse gas emissions and promote sustainable development: the Sustainable Development Mechanism (SDM). Herein, a new framework for so-called collaborative approaches has also emerged. The possibilities for measures and activities are becoming greater, but the regulatory landscape is also more diverse and strongly influenced by the respective countries involved. This does not always have to result in tradable certificates as we understand them today; alternatives are also possible. From our point of view, the decisive factor is the concrete climate protection performance of a project.
Due to our long-term experience in the development and support of over 100 JI, CDM and VER projects, we are also right at home in the new mechanism and, as such, the right partner for the implementation of your climate protection project, whether nationally or worldwide.
We will accompany you in current and future market mechanisms, from the evaluation of your project idea all the way to the marketing of the certificates. Where required, we will develop a custom methodology for your project.
"A fairly specific usage of project mechanisms is the opportunity for fuel distributors to have emission reductions in the fuel value chain recognized. Some EU countries, including Germany, use the concept of so-called Upstream Emission Reductions (UER), introduced by the EU, to give fuel distributors an additional option to meet their emission reduction obligations. Upstream emission reductions are generated, for example, through the use of by-product gases in oil production or the use of green hydrogen in hydrocracking. Projects must meet strict requirements for environmental integrity, additionality, and calculation of reductions, are externally verified, and in Germany are approved and registered by the German Emissions Trading Authority (DEHSt) at the Federal Environment Agency (UBA). FutureCamp supports companies in the oil and gas sector in assessing the eligibility of their projects for the UER mechanism and supporting the project from registration to the issuance of UERs. For example, we assisted Omani oil and gas producer Petroleum Development Oman (PDO) in registering a 105 MW photovoltaic project under the German UER system and successfully supported it until the UERs were issued. The first industrial-scale plant in Oman feeds electricity into the company's own grid and is a showcase project for the entire region, in which fossil fuels dominate electricity production."
Felix Nickel is a member of the management of FutureCamp Climate. He is responsible for international projects at FutureCamp and has developed numerous approaches for the implementation of CO2 reduction projects under the CDM and Gold Standard, in the field of renewable energies, in the chemical and agricultural sector.
Alliance for Development and Climate
For the Alliance for Development and Climate, FutureCamp prepared the studies on "Current Status of the Voluntary Greenhouse Gas Offset Market in Germany" and "Article 6 of the Paris Agreement and the Voluntary Market for Greenhouse Gas Offsets" in cooperation with Perspectives Climate Group (These studies can be found under Publications)
A large number of investors and companies have come to see that climate change and its closely related topic areas of energy and raw material efficiency, renewable energies and forest conservation are increasingly becoming key value drivers for economic success in the 21st century. These issues will shape and profoundly change the development of entire industries and markets.
The CDP now pools information on over 13,000 companies. Inquiring institutional investors and supply chain customers are interested in how companies are dealing with the various aspects of climate change - while always keeping an eye on the future viability of a business model. This is about more than just corporate emissions ("corporate carbon footprint"). How do companies protect themselves in the face of growing risks? Are they able to consistently take advantage of the opportunities that arise? For large companies, CDP participation is now a matter of principle. Yet, the number of participants is also growing steadily among medium-sized and smaller companies. In addition to the questionnaire on climate, an increasing number of companies are additionally responding to the separate questionnaires on the water and forestry programs.
Our clients benefit from our ability to handle all the main modules with expertise and in an integrated manner. This ranges from emissions inventories to scenario analysis, from opportunities and risks in line with TCFD recommendations to climate strategy advice and management. A number of our clients also aim to set climate targets in line with the Paris Agreement (Science-Based Targets).
Participation in the CDP pays off in several ways. For one, this applies to your investor relations and structured cooperation and communication in the supply chain. However, CDP also allows you to recognize and use in-house fields of action and entrepreneurial possibilities.
FutureCamp provides you with very targeted support in this regard. This ranges from a response strategy tailored to your needs, to workshops for company-specific development of content, to response optimization steps based on specific evaluations and analyses. The final step is always our pre-scoring, which we use to systematically and transparently show you the status of each question in terms of the expected scoring.
Above all, our goal is to systematically advance you in your climate management. In doing so, we look at the policy, the scenarios with the key parameters that influence your business prospects and risks as well as opportunities that open up for you with your products in this changing market environment.
As a business, you benefit from our extraordinarily broad and long-standing experience in climate change. In the process, we combine our competencies from 20 years of implementation in all areas that are relevant for CDP reporting.
"At FutureCamp, we take a clearly sustainable approach to working with the CDP as a reporting format. With our customers, we not only discuss the improvements that a targeted response to the questionnaire allows. Sure, we are well-versed in that, because we know the systematics of scoring down to the last detail. That is not enough though, because the external requirements have been developing dynamically for several years. That's where an improvement in substance is now necessary. And this will continue. How can our customers better manage their risks and take advantage of the opportunities that arise? To do this, we bring together excellent knowledge of consulting via our broad team of experts in many areas, for example from CO2 inventories, emissions trading, energy management and years of experience implementing climate strategy processes. This collaboration with customers is very productive. I am grateful that the CDP provides us with an excellent working matrix for this."
Daniel Scholz, FutureCamp
Daniel Scholz is Head of CDP services at FutureCamp. He knows the CO2 markets with its "ups and downs" since 2008. He has since advised public authorities and numerous industrial companies on climate protection projects, CO2 pricing and emissions trading, as well as climate strategy and CDP reporting. He is frequent trainer and speaker on carbon pricing for various ministries and players internationally such as BMUV, GIZ or The World Bank.
Dr. Jörg Doppelfeld is our long-standing cooperation partner in CDP matters. Since 2013, he has been helping companies in various industries to report on their approach to climate change, water conservation and forest protection. He uses his capital market perspective as a former banker and his broad technological understanding as a physicist. His preferred approach is to use the CDP questionnaires not only as a reporting format, but also as tools for strategy development.
Highlight CDP Results /A-List 2020/2021:
Our customers are our success!
- In 2021 all our clients with ambition managed to keep their Climate Leadership status – in a year that saw number of climate leaders decline globally from 273 to just 200.
- FutureCamp has in past years successfully supported altogether 8 of the 16 German Climate Leaders 2020.
- With our structured support ThyssenKrupp Elevator managed to achieve a stunning "A" in her first reporting year.
- Our long-standing customer Symrise is once again the top-rated company in Germany with a total of three "A" ratings.
- We support the preparation of best scored CDP reports in all three formats, on climate, forests and water security.
A place on the CDP's A-list is only achieved by companies that are leaders in their environmental performance. We are all pleased that many of the companies we support achieve top ratings on climate, water and forests.
Paul Robins, CDP Head of Partnerships:
"The renewal of FutureCamp into our network of Accredited Solution Providers will bring highly valued expertise to the thousands of companies using CDP to disclose their environmental data and support them to implement leading actions to manage risks and reduce their impacts. We value FutureCamp’s capabilities and its critical inputs for the improvement of our reporting."
"FutureCamp has innovatively and strategically helped us make Symrise AG a pioneer in climate change, water and forests."
Dr. Helmut Frieden
"If you're striving for a top score, Future-Camp is the right partner for you. They don't let go until the answers are really good. And that pays off."
Brigitte Bichler, OMV
CDP Services by FutureCamp
Carbon footprints establish the relationship between specific activities and their respective climate impacts. They represent the starting point for any climate protection scheme – anything from individual measures to comprehensive climate strategies. Greenhouse gas balances are also the basis for transformation concepts to climate neutrality.
It is becoming increasingly important to determine the exact carbon footprint of a single product. Suppliers, in particular, are faced with this requirement more and more often on the customer side. If the customer also wants to use this information in his sustainability reporting, recognized standards must be used.
FutureCamp is the ideal partner for the preparation of CO2 inventories for companies, organisations, products and services, like events: We transfer knowledge about carbon footprinting and climate neutrality to your company and implement the process of data definition and collection here together with you. In doing so, we always keep your individual requirements in mind. When calculating carbon footprints, we work with internationally recognized standards and, if necessary, use software tools in addition to Excel solutions tailored to your needs. If you wish, we can advise you on integrating the carbon footprint calculation into your ERP application.
We support our customers in developing climate neutral products and emissions compensation strategies. We identify high quality climate protection projects and procure CO2 certificates for the emissions compensation.
By the way: FutureCamp has been collecting the corporate carbon footprint for FutureCamp Holding GmbH and FutureCamp Climate GmbH since 2006 and offsets the identified emissions via high-quality climate protection projects. You can read details about our carbon footprint in our continuing article (in German) on the topic.
An introduction to the topic "Carbon and Water Footprint" can be found in our brochure (in German) of the same name.
For a detailed insight into our services relating to carbon footprinting, CO2 offsetting and climate neutrality, please visit our website at www.carbon-footprinting.de.
"In keeping with the motto 'do good and talk about it', we will help you quantify your carbon footprint and communicate your commitment to climate protection to the general public.."
Sengül Weidacher is Head of Carbon Footprining Services at FutureCamp and has been advising public clients and industrial companies in the fields of carbon footprinting, climate neutrality and climate strategy since 2006. In addition to project management tasks, this also includes the coordination and development of internal processes and the monitoring of national and international developments in this field. She has many years of project management experience in the conception and implementation of carbon footprints, the development and implementation of climate strategies as well as in the conception and implementation of information events and workshops in the field of climate protection.
FutureCamp is the market leader in the preparation of CO2 balances for state governments:
We supported the state administrations of Baden-Württemberg, City of Hamburg, Hesse, Rhineland-Palatinate, Saxony and Thuringia as well as the Bavarian Ministry of the Environment in drawing up a CO2 start-up balance, the identification of reduction potentials, the derivation of reduction paths - partly including the definition of compensation strategies. The goal is to strive for a climate-neutral state administration.
We assist the food manufacturer with compiling the Corporate Carbon Footprint, the advancement of the climate strategy including the definition of a long-term CO2 target and with CDP reporting.
GWG Housing Association Munich
As part of a comprehensive sustainability consultancy, we supported GWG in operationalizing its ambitious climate targets and developing a long-term sustainability strategy. This includes the derivation of concrete reduction paths in order to create a decision-making basis for a systematic and targeted renovation roadmap for the building and housing stock up to the year 2050.
KlimaManufaktur: Climate protection thought through to the end!
Discover the services of our subsidiary KlimaManufaktur.
Climate neutrality through CO2 compensation: KlimaManufaktur GmbH offers products and services for the climate neutrality of private, business and municipal activities through CO2 compensation. On the one hand, you can quickly and easily purchase CO2 certificates from high-quality climate protection projects or ready-made standard products such as climate-neutral events, overnight stays or flights in our KlimaManufaktur webshop. On the other hand we would like to encourage you to calculate your carbon footprint and - where possible - reduce it. For this purpose we provide our Excel-based calculation tools free of charge:
Climate protection thought through to the end!
Download: Flyer Carbon Footprinting, Flyer Emissions Compensation