This week’s Highwood Bulletin features the launch of the Veritas protocols, updates on gas certification in Canada, the new ISSB Standards, European methane regulations, the IEA Methane Tracker 2023 report, the launch of Highwood’s emissions glossary, conferences, science, and more!
Launch: Veritas Protocols
Over the past year, GTI Energy has convened a diverse set of industry, research, and environmental stakeholders to develop the Veritas protocols. The first version of the protocols is now public and can be accessed here.
Arc Resources Certifies 100% of Production
The Equitable Origin EO100 Standard for Responsible Energy Development is one of the most rigorous ESG certification schemes for natural gas. Arc Resources, a Canadian producer, has become the first company to certify 100% of its production. Learn more here and reach out to Highwood if interested in natural gas certification.
ISSB Standards Coming Next Year
The International Sustainability Standards Board (ISSB) was founded in 2021 to create global standards for sustainability disclosure. On February 16, 2023, the ISSB voted to require that new disclosure rules take place starting January 1st, 2024. These standards, which are expected to be released in June, were developed in less than a year. Learn more here.
Europe Split on LDAR Requirements
The European Parliament is seen as a global leader in setting emissions policy. However, debate is currently underway as to how rigorous new methane rules should be in light of energy security concerns. In particular, the EU may back track and no longer require LDAR for imported energy, a major shift as very little production occurs in Europe itself. Read more here.
Report: IEA Methane Tracker 2023
The 2023 edition of the International Energy Agency’s Methane Tracker Report has been published. Unfortunately, the report shows that methane emissions have remained high in 2022, despite significant action in the space. The report suggests that O&G could slash emissions at a minimal cost. Access the report here.
Introducing the Highwood Glossary
Emissions management terminology is hard. We’re here to help. We are excited to launch our free Highwood Glossary to help build understanding and alignment in how to think and talk about emissions in the oil and gas industry. Access the free tool here – and please reach out with any feedback!
IEA Methane Track to Use GHGSat
The International Energy Agency is planning to improve its Methane Tracker tool by incorporating satellite measurements from GHGSat. These high-resolution measurements are intended to improve fidelity of methane accounting in the Methane Tracker tool and follow a general trend in industry to rely increasingly on measurements. Read about it here.
Conference: Catch Highwood at CERAWeek!
Highwood is excited to be attending CERAWeek this year in Houston. We will be presenting a talk on our work on Tuesday morning. Please reach out if you’d like to grab coffee and get to know Highwood CEO Jessica Shumlich and/or Highwood President Thomas Fox. Contact us here.
Science: Don’t Miss our Research Digest!
The Highwood Research Digest is the best way to get caught up on the massive volume of new methane research emerging from academic institutions around the world. This month’s digest is especially informative and exciting. Read it here.
EMT: Digital Roughnecks Podcast
Interested in learning more about Highwood new software suite, the Emissions Management Toolkit (EMT)? Check out our recent appearance on the Digital Roughnecks podcast, where Highwood President Thomas Fox discusses what we’re up to. Watch the episode here.
Request: We Donate to Charity if you Participate in this 5-Minute Survey!
Highwood is always trying to improve our products and services so that they meet the needs of operators. To better understand our clients, we are collecting information about how oil and gas companies think about their emissions data. The survey will take less than 5 minutes to complete, and we will donate $25 to charity for each response. Complete the survey here.
Want to Write for the Bulletin?
We’re always looking for guest writers who would like to contribute a Feature Article to the Highwood Bulletin. Please reach out if you’d like to write an unbiased, apolitical, solution-agnostic article for our ~2000 subscribers and ~5000 LinkedIn followers on an emissions management topic. Please reach out to [email protected] with your idea. Authors are fully credited and have a profile page on our website (we are happy to backlink).
Join our Team! Highwood is Hiring!
We currently have multiple exciting career postings on our website. In addition to those listed, Highwood is always looking for bright folks who want to help us change the world for the better. If you have experience in greenhouse gas emissions management and you’re looking for a career change, please reach out! Check out our active opportunities on our website by clicking here.