News
Issue No. 49 - October/November 2009
NGER and franchises
Climate change legislation will impact far more than just big business — it can alter the business risk profile of franchises, according to franchise development consultancy, Sherpa Group.
“Businesses are facing new legislation, new client demands and new costs,” says Sherpa Group
MD, Vicki Prout. “Supply chain pressures have been experienced by many suppliers to larger franchise
groups already. (Franchisees need to) plan now to alleviate the risks.
Vicki says since 1 July 2008, the National Greenhouse and Energy Reporting Act has required Australian corporations to register and report if they emit greenhouse gas, or produce or consume energy, above specific thresholds.
“With national caps slated for Australian businesses, companies will be responsible for offsetting their emissions through the purchase or trade of additional permits or certified credits that offset emissions by subsidising the development of carbon-reduction mechanisms such as wind farms, planting trees, and other innovative emissions reducing projects,” Vicki says.
“If you are a Corporate Group* which meets the Corporate Group Threshold in the Act, or if you have operational control of a facility which meets the Facility Threshold, you must register with the Greenhouse and Energy Data Officer by the 31 August 2009 and report data as described in the NGER Act.
“The Corporate Group will need to report if facilities over which it has operationa...
