MRV Regulation

Who does the MRV Regulation apply to? 

MRV Regulation is only applicable to commercial voyages calling at any EU port to load or unload cargo and/or passengers.

The objective of the MRV Regulation is to develop a better understanding of fuel consumption and CO2 emissions from shipping activities within the EU which could then be used to shape and inform any future GHG monitoring or reduction initiatives. The MRV Regulation is viewed as the first step of a staged approach for the inclusion of maritime transport emissions into the EU’s GHG reduction commitment, alongside the other sectors that are already contributing to that commitment.

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How can Lloyd's Register help? 

Our range of verification services have been designed to help minimise the risk of non-compliance against the MRV Regulation, giving you peace of mind. Ship owners and operators will not get confirmation of compliance until the first annual report has been satisfactorily verified by their chosen verifier by the end of April 2019.As a globally trusted and experienced verifier, you can be sure that your data is in safe hands. 

Monitoring Plan Assessment 

As an accredited and experienced verifier we can perform monitoring plan assessments as required by the regulation when first created or when any changes are required. 

We will work with you to assess your monitoring plans to ensure they comply. 

Emissions Report Verification 

We can perform the required annual emissions verification for your vessel and we will work with you to verify your data and information so that a Document of Compliance can be issued. 

Pre-Verification Gap Analysis 

We can provide a beneficial gap analysis against either your monitoring plans or your emissions report data, or both. This can be tailored to your specific needs. For example, we can focus on specific areas of concern or take a general overall approach. This will identify any gaps, provide confidence in your approach, and smooth the path to compliance.

As an accredited verification body for the EU Emissions Trading Scheme and ISO 14064 Part 1, you can be sure that your data will be verified by experienced industry experts.

Our services 

Lloyd's Register is one of the world’s leading providers of independent assurance, verification and training services with a portfolio of internationally recognised clients.  More than 50 accreditation bodies recognise the work that we do in areas such as quality, environment, and health and safety.

Our focus at Lloyd's Register is on helping clients to assure that their sustainability strategies and climate change assertions are trustworthy. This helps ensure organisations are able to receive a fair reward for sustainability improvements from the financial markets, regulators and customers. 

Clean Cargo Working Group (CCWG) 

The CCWG is an initiative dedicated to improving the environmental performance of marine container transport. Through assessment against CCWG criteria, ocean freight carriers can track and benchmark their performance, whilst customers can easily review and compare carrier’s environmental performance in order to make informed buying decisions. 

Clean Shipping Index

Using the Clean Shipping Index allows operators to demonstrate their commitment to quality and environmental performance through the benchmarking of their environmental credentials. Used by cargo owners to select clean ships, transport buyers to calculate and minimise their environmental footprint and ship owners to identify areas for improvement, the Clean Shipping Index was developed with a primary aim to generate a market demand for clean ships. 

ISO 14064 Part 1 

ISO 14064 Part 1 relates to the quantification and reporting of greenhouse gas emissions and removals. It requires organisations to identify greenhouse gas emissions allowing for improved quantification, monitoring, reporting, and associated verification. This can benefit organisations with improved risk management, legal compliance, and opportunities to reduce emissions and associated costs. 

ISO 14001:2015 

Published in September 2015, the recently revised international Environmental Management Standard (EMS) requires organisations to effectively manage its environmental impacts through commitments to pollution prevention, legal compliance and continual improvement. ISO 14001:2015 requires commitment to the continual improvement of your EMS, and will help the drive for more efficient use of raw materials, so helping reduce costs. This means that an effectively implemented EMS certified to ISO 14001 is good news for the environment – and for your business. 

ISO 50001:2011

ISO 50001 is the international Energy Management System (EnMS) standard and provides organisations with the requirements for energy management systems. Originally published in 2011, ISO estimated that the standard could influence up to 60% of the world’s energy use. ISO 50001 is currently under revision by the International Organization for Standardization (ISO) and a new version is currently forecast for publication in 2019.