Energy Related Reporting Requirement Under Sasb Standards For Healthcare Industry

By Author: Agile Advisors
Total Articles: 55
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The healthcare service providers consume large quantity of energy mostly in form of electricity to run their large infrastructure of hospitals and clinics. It’s important for them to report on energy consumption for both fossil fuel based and renewable energy. Being a sustainability reporting consultant in India we have undertaken such study multiple times.

The renewable energy source covered under the SASB standard include sources such as geothermal energy, wind power, solar PV, hydroelectric power and biomass fuel. In this matter, also the percentage is very easily calculated as the total renewable energy consumed by an organization divided by the total energy consumed from all the sources. As a sustainability reporting consultant in India, we have assisted several companies in setting up renewable energy projects.

The reporting of renewable energy should include any renewable fuel that it may have consumed, such as biofuel, and renewable energy that the healthcare sector company has produced directly or any renewable energy that has been purchased from other parties. Any renewable energy consumed ...
... a portion of the electricity grid mix that is not influenced or controlled by the healthcare sector company should be excluded from the reported scope of renewable energy for that company. In our role as sustainability reporting consultants in India we help companies in disclosing renewable energy related information as well. The SASI standard has restricted the scope of renewable energy disclosures from hydro and biomass to a limit. The energy consumed from hydroelectric sources is limited to those that are certified, and the certification should have come from low impact hydropower institutes. If the certification is not available then these projects must be eligible for a state renewable portfolio standard.

Only then these can be considered renewable energy consumption percentages. Additionally, biomass sources are limited to only those materials which are certified in accordance with another third party standard. These third-party standards could be Forest Stewardship Council (FSC) or Sustainable Forest Initiative, or it could be from the programme for the endorsement of forest certification or the american tree's system. Unless the biomass is certified from any of these certified third-party parties it can not be included in the renewable energy consumption. In our role as sustainability reporting consultant in India. If you are a healthcare sector company and are looking for a sustainability reporting consultant in India, then do reach out to us. We are helping healthcare companies to disclose their sustainability performance through annual sustainability reports or through BRR reports or BRSR reports as required by SEBI of India.

Agile Advisors launched its operations in 2016 and has since rapidly grown globally. We have offices in UAE, Bahrain and India. Our team brings in a plethora of expertise in sustainability cutting across different sectors.