What is the second phase of GX-ETS?

It is the stage of the legally binding emissions trading system starting from fiscal year 2026. Companies with an average direct CO2 emissions of 100,000 tons or more over the past three fiscal years are required to participate in emissions trading and undergo third-party verification.

What is the role of the Japan Quality Assurance Organization (JQA)?

In the second phase of GX-ETS, JQA is the institution that conducts third-party verification of CO2 emissions reports for targeted companies. It assists companies in fulfilling their emissions trading obligations.

What actions are required for targeted companies?

Companies with direct CO2 emissions of 100,000 tons or more are required to participate in emissions trading and undergo third-party verification of their emissions data. Coordinated responses with closely related parties are also possible.

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JQA Registered as Verification Body for GX-ETS (Emissions Trading Scheme) Phase 2

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The Japan Quality Assurance Organization (JQA) has been registered as a verification body for Phase 2 of the GX-ETS (Emissions Trading Scheme), which will become legally binding from fiscal year 2026. JQA will support companies in fulfilling their obligations related to emissions trading and third-party verification.

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Frequently Asked Questions

Q: What is the second phase of GX-ETS?: A: It is the stage of the legally binding emissions trading system starting from fiscal year 2026. Companies with an average direct CO2 emissions of 100,000 tons or more over the past three fiscal years are required to participate in emissions trading and undergo third-party verification.
Q: What is the role of the Japan Quality Assurance Organization (JQA)?: A: In the second phase of GX-ETS, JQA is the institution that conducts third-party verification of CO2 emissions reports for targeted companies. It assists companies in fulfilling their emissions trading obligations.
Q: What actions are required for targeted companies?: A: Companies with direct CO2 emissions of 100,000 tons or more are required to participate in emissions trading and undergo third-party verification of their emissions data. Coordinated responses with closely related parties are also possible.