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Energy & Materials Tracking

Energy & Materials Tracking. EMFACT Project. Successful P2 is based on an entity’s ability to understand & improve its choice & use of materials, water, & energy & understand the associated financial impacts

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Energy & Materials Tracking

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  1. Energy & Materials Tracking

  2. EMFACT Project • Successful P2 is based on an entity’s ability to understand & improve its choice & use of materials, water, & energy & understand the associated financial impacts • EMFACT project builds upon the current scientific & engineering applications of EMA as a critical aspect of sustainable production • NEWMOA, MA OTA, EPA Collaboration

  3. Environmental Management Accounting (EMA) EMA can be defined as the identification, collection, estimation, analysis, internal reporting, & use of materials & energy flow information, environmental cost information, & other cost information for both conventional & environmental decision-making within an organization

  4. Key Points • EMA/EMFACT focuses on costs internal to the company • broad set of principles & approaches that provides the materials/energy flow & cost data critical to the success of many other environmental management activities • Places emphasis on accounting for environmental costs • Encompasses environmental and other cost information, & information on physical flows & fates of materials & energy • Can be used to inform decision-making within an organization & particularly useful for proactive environmental management

  5. Benefits of EMA & EMFACT • Improved Environmental Reporting • Supply Chain Management • Environmental Performance Evaluation & Benchmarking • Environmental Management Systems • Pollution Prevention • Design for Environment • Environmental Life Cycle Assessment/Costing/Design • Environmentally Preferable Purchasing

  6. Some Available Tools • P2 Finance Software – needs upgrade • E2 Finance Software – needs upgrade • Proprietary Software Tools – see summary • Natural Logic • EPA’s Project Tool for SEPs

  7. EMFACT Project Objectives Objectives: • improve the ability of private sector entities to quantify & evaluate materials & energy uses & flows in their operations & to more effectively evaluate the cost & other impacts of making product & operational improvements • enable public & private sector environmental assistance providers & others to more effectively help their clients evaluate materials & energy use & associated waste & losses & the potential savings from P2 investments • help companies & government agencies quantify the pollution reductions & associated costs saving from investments in P2 & E2

  8. Users of EMFACT Tool • Federal, State, & Local Government Environmental Assistance Providers • Private Sector Assistance Providers • MEPs & Business Assistance Providers • Small & Medium-Sized Manufacturers • Companies Involved with Greening the Supply Chain Initiatives • Performance Track & Other Environmental Leaders

  9. EMFACT Project Workplan • Research & ID Existing Tools • Seeking Advise & Assistance • Develop Advisory Group • Procure Contractor Support for Developing Tool • Pilot & Test tool • Widespread Dissemination & Training • Evaluation

  10. Further Information Terri Goldberg, NEWMOA,Tgoldberg@newmoa.org; (617) 367-8558 x302 Rick Reibstein, MA OTA, Rick.Reibstein@state.ma.us; (617) 626-1062 http://www.newmoa.org/prevention/emfact/ www.emawebsite.org/about_ema.htm www.newmoa.org/prevention/topichub/

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