What should businesses do now?

If you are an obligated entity

• Read the target notification for your sector and your entity-specific target.
• Set up monitoring that follows BEE's monitoring plan template and fuel, electricity and production records.
• Plan for verification by an accredited ACVA.
• Build a long-term action plan, which BEE's procedure requires within three months of the first compliance cycle.

If you are not an obligated entity

• MSMEs and other companies are not given targets, but large customers in obligated sectors may ask suppliers for emissions data.
• If you run a project that could fit an approved methodology, read the methodology and the offset procedure first and take independent advice. Earnings from credits are not guaranteed.
• Keep your own reporting (for example BRSR for listed companies) separate from any credit claims.