This legal update has been developed in conjunction with Ndevr
Environmental, which specialises in carbon and energy
monitoring, reporting and verification; partnering with clients to
achieve positive business and environmental outcomes.
By now, you are probably aware that the "Safeguard
Mechanism" will commence on 1 July 2016. However, what
probably remains less certain is whether your company is covered by
the Safeguard Mechanism and, if it is, what you have to do over the
coming months. This legal update aims to simplify the steps you
need to undertake, and the timing of those steps, in order to
ensure your company complies with the Safeguard Mechanism in
2016/17.
This update is not exhaustive regarding all Safeguard Mechanism
requirements. Instead we have covered some of the time critical
points and some key concessions businesses will need to consider to
mitigate compliance costs from exceeding their baseline into the
future.