Gerun World

About Gerun World

Gerun World, operating through eot.cc, specializes in the automation of data collection for carbon accounting. The firm's services are aimed at industries where tracking greenhouse gas (GHG) emissions is critical, such as those involved in Carbon Capture, Utilization, and Storage (CCUS) and Enhanced Oil Recovery (EOR).

The company's systems are designed to consolidate data from various sources, including metered contributions, pipeline deliveries, injection amounts, and utility invoices, into an enterprise system for accounting. This process facilitates the monitoring, verification, and reporting of stored CO2 volumes and associated carbon credits. The methodologies align with protocols from regulatory bodies like the California Air Resources Board (CARB) and international standards such as those from the IPCC and ISO. The primary accounting methods employed are the emission factor method and the mass balance method.

The business operates in the growing market of industrial decarbonization, where companies are increasingly required to report their carbon footprint and implement strategies to reduce GHG emissions. The service enables clients to quantify their carbon emissions and the impact of mitigation activities, such as capturing CO2 from industrial processes and permanently storing it in geological formations. This accounting is crucial for companies to receive carbon credits and demonstrate compliance with declining carbon intensity benchmarks.

The 'eot' in the company's domain, eot.cc, likely stands for Employee Ownership Trust, a business model where a trust holds a controlling stake in the company for the benefit of its employees. This structure is gaining popularity as a succession planning strategy that aligns with Environmental, Social, and Governance (ESG) agendas by rewarding all employees and fostering long-term business continuity.