5.3 RENADE
Since 2005, BME, through Iberclear, has been collabo-
rating in the fight against climate change by means of
the National Registry for Emission Rights for Greenhouse
Gases (RENADE), an instrument for ensuring that data on
the ownership and control of greenhouse gas emission
rights are publicly available and always up to date.
Iberclear has been entrusted by the government to
manage this registry, under the direct supervision of the
Spanish Office for Climate Change (OECC), belonging to
the Ministry of Agriculture, Food and the Environment.
This activity commenced on 20 June 2005. In the public
tender process for running the registry, published in the
Official State Gazette on 25 September 2013, Iberclear
duly submitted the required documentation in order to
continue its activity in this regard, after winning a tender
to continue performing its ongoing functions providing
support to the National Administrator of the Spanish
section of the European Union Registry in relation to
the European Union trading scheme of greenhouse gas
emission allowances and the Kyoto Protocol, for the
period 2014-2017. The mandate incorporates an option
to extend it until 2019.
RENADE provide industrial facilities with the technical and
human resources necessary to comply with their annual
obligation of turning over to the government rights in an
amount equivalent to CO2 emissions made during the
prior year. The close collaboration between the Registry
and local governments, as verifiers of these annual CO2
emissions, and the personalised attention provided by the
authorised representatives of the installations through the
Iberclear Service Desk, have enabled the 2013 compliance
objectives to be reached across Spain.
In 2013, RENADE made it possible for virtually all such
facilities (99.99%) to satisfactorily exchange their rights,
thereby fully complying with the commitments assumed
under the Kyoto protocol.
84
BME and the environment
Corporate and Social
Responsibility Report 2013
BME
1...,74,75,76,77,78,79,80,81,82,83 85,86,87,88,89,90,91,92,93,94,...107