Independent Accountants Report

Transcription

1 KPMG LLP Suite Bishop Street Honolulu, HI Independent Accountants Report The Board of Directors CA Inc.: We have reviewed the accompanying Statement of Greenhouse Gas Emissions for the year ended December 31, of CA Inc. (the Statement of GHG Emissions). CA Inc. s management is responsible for the Statement of GHG Emissions. Our review was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. A review consists principally of applying analytical procedures and making inquiries of persons responsible for the greenhouse gas emission information. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on the Statement of GHG Emissions. Accordingly, we do not express such an opinion. Environmental and energy use data included in the accompanying Statement of GHG Emissions are subject to measurement uncertainties resulting from limitations inherent in the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary. Based on our review, nothing came to our attention that caused us to believe that the Statement of Greenhouse Gas Emissions for the year ended December 31, of CA Inc. is not presented, in all material respects, in conformity with the World Resources Institute/World Business Council for Sustainable Development (WRI/WBCSD) Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard, Revised Edition and the WRI WBCSD Greenhouse Gas Protocol Scope 2 Guidance: An amendment to the GHG Protocol Corporate Standard. Honolulu, Hawaii June 24, 2016 KPMG LLP is a Delaware limited liability partnership, the U.S. member firm of KPMG International Cooperative ( KPMG International ), a Swiss entity.

2 Statement of Greenhouse Gas Emissions For the year ended December 31, CO2e Emissions (metric tonnes (MT)) Market-Based Location-Based Scope 1 14,064 14,064 Scope 2 47,150 49,309 Gross Scope 1 & 2 61,214 63,373 Scope 3 (Business Travel) 30,624 30,624 Gross Scope 1, 2 and 3 91,838 93,997 See accompanying Independent Accountants Report and notes to Statement of Greenhouse Gas Emissions 1

3 Notes to the Statement of Greenhouse Gas Emissions For the year ended December 31, Note 1: The Company Basis of Presentation This Statement of Greenhouse Gas (GHG) Emissions has been prepared based on a calendar reporting year, which differs from CA Inc. s (the Company) fiscal year end of March 31. Scope 1 and Scope 3 GHG emissions information has been prepared in accordance with the World Resources Institute / World Business Council for Sustainable Development (WRI/WBCSD) Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard, Revised Edition. Scope 2 GHG emissions information has been prepared in accordance with the WRI/WBCSD GHG Protocol Scope 2 Guidance: An amendment to the GHG Protocol Corporate Standard. Collectively, the Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard, Revised Edition and the GHG Protocol Scope 2 Guidance: An amendment to the GHG Protocol Corporate Standard are referred to as the GHG Protocol. The Company s GHG emissions includes all direct (Scope 1) and indirect (Scope 2) GHG emissions generated from all company-operated locations as defined under the operational control method and indirect GHG emission from commercial air and rail business travel (Scope 3). Consumption is based on raw data when available. When raw data is unavailable, we estimate consumption based on a square foot extrapolation of the average consumption from the most comparable facilities within the same geographic location. Estimation Uncertainties Environmental and energy use data included in the Statement of GHG Emissions are subject to measurement uncertainties resulting from limitations inherent in the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary. Note 2: GHG Reporting Recent Accounting Developments In January, the WRI/WBCSD issued the GHG Protocol Scope 2 Guidance: An amendment to the GHG Protocol Corporate Standard (Amended Scope 2 Guidance). The Amended Scope 2 Guidance standardizes how corporations measure emissions from purchased or acquired electricity, steam, heat, and cooling and includes: 2

4 New requirements for accounting for emissions from energy contracts and instruments (such as renewable energy credits) in GHG inventories; Eight Scope 2 Quality Criteria that all contractual instruments must meet in order to be a reliable data source for the scope 2 market-based method; Recommendations for transparently disclosing information about energy purchases; and Eleven short case studies to illustrate the benefits of the new requirements. The Company adopted the Amended Scope 2 Guidance during the year ended December 31, on a prospective basis. As a result of the adoption, the Company has reported its Scope 2 GHG emissions under both the market-based and location-based methods per the new disclosure requirements. Greenhouse Gases GHG emissions include four of the six greenhouse gases covered by the Kyoto Protocol Carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and hydrofluorocarbons (HFCs). Perfluorocarbons (PFCs), and Sulphur hexafluoride (SF6) emissions have been omitted from our reporting as we do not use coolants that generate these greenhouse gases. GHG Emission Factors GHG Emission Source Emission Factor Source Scope 1 Heating North American Climate Registry (2014) Scope 1 Refrigerants Scope 1 Transport Fuel North American Climate Registry (2014) International Energy Agency (IEA) Scope 2 Grid Electricity Australia National Greenhouse Accounts US Environmental Protection Agency egrid Air Travel Rail (International) Rail Climate Leaders Global Warming Potentials The GHG emissions were calculated using the Global Warming Potentials (GWP) form the International Panel on Climate Change (IPCC) Fourth Assessment Report and the country appropriate emission factors listed above. Green energy purchases are reflected in the Company s market-based Scope 2 GHG emissions. The Company has not traded, sold, purchased, transferred or banked any carbon allowances. 3

5 Scope 1, 2 and 3 GHG Emissions by Type The following table presents the Company s GHG Emissions by scope and greenhouse gas for the reporting period in metric tonnes: Carbon Dioxide (CO2) Hydrofluorocarbons (HFCs) Methane (CH4) Nitrous Oxide (N2O) Total Scope 1 13, ,064 Scope 2* 47, ,150 Scope 3 30, ,624 Total 90, *Scope 2 data reflects the market-based approach. Scope 2 GHG Emissions by Approach The following table presents the Company s GHG Emissions by scope and method for the reporting period in metric tonnes of CO 2e: Market Based CO 2e Emissions (metric tco2e) Location Based CO 2e Emissions (metric tco2e) Scope 1 14,064 14,064 Scope 2 - Location Based 49,309 49,309 - Renewable Energy Credits (2,159) - Scope 2 Total 47,150 49,309 Gross Scope 1 and 2 61,214 63,373 Scope 3 (Business Travel) 30,624 30,624 Gross Scope 1, 2, and 3 91,838 93,997 Adjusted emissions factors due to residual mix for facilities in the United States, Latin America, and Asia are not available, which may result in double counting between electricity consumers. 4