The GHG Protocol
(Greenhouse Gas Protocol)
The GHG Protocol (Greenhouse Gas Protocol) is a standardized methodology for calculating and reporting greenhouse gas (GHG) emissions. It was developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) in order to provide a consistent and transparent framework for measuring and reporting GHG emissions.
The GHG Protocol has two main components: the Corporate Standard and the Project Standard. The Corporate Standard provides guidance on how to calculate and report GHG emissions from a company's operations, including energy use, transportation, and the production and disposal of goods and services. The Project Standard provides guidance on how to calculate and report GHG emissions reductions from specific projects, such as renewable energy or energy efficiency projects.
The GHG Protocol is widely recognized as the leading standard for GHG emissions measurement and reporting, and it is used by companies, governments, and other organizations around the world. By following the GHG Protocol, organizations can demonstrate their commitment to sustainability and transparency, and identify opportunities for reducing their GHG emissions.
What is the Corporate Standard
The Corporate Standard is a component of the GHG Protocol, which is a standardized methodology for calculating and reporting greenhouse gas (GHG) emissions. The Corporate Standard provides guidance on how to calculate and report GHG emissions from a company's operations, including energy use, transportation, and the production and disposal of goods and services.
The Corporate Standard consists of three main parts:
Scope 1 emissions: These are direct GHG emissions from sources that are owned or controlled by the company, such as fuel combustion in company-owned vehicles or boilers.
Scope 2 emissions: These are indirect GHG emissions from the generation of electricity, heat, or steam purchased by the company.
Scope 3 emissions: These are all other indirect GHG emissions that are a result of the company's activities, but are not owned or controlled by the company, such as emissions from the supply chain or from employee travel.
The Corporate Standard provides a detailed and transparent framework for calculating and reporting GHG emissions from a company's operations, and it is widely recognized as the leading standard for GHG emissions measurement and reporting. By following the Corporate Standard, companies can demonstrate their commitment to sustainability and identify opportunities for reducing their GHG emissions.
What is the Project Standard
The Project Standard is a component of the GHG Protocol, which is a standardized methodology for calculating and reporting greenhouse gas (GHG) emissions. The Project Standard provides guidance on how to calculate and report GHG emissions reductions from specific projects, such as renewable energy or energy efficiency projects.
The Project Standard is designed to be flexible and can be applied to a wide range of projects, including those that reduce GHG emissions, remove GHGs from the atmosphere, or sequester GHGs in carbon sinks. The Project Standard consists of three main parts:
Project boundary: This defines the scope of the project and the GHG emissions that will be included in the calculation.
Baseline scenario: This defines the GHG emissions that would have occurred in the absence of the project, and is used as a reference point for calculating emissions reductions.
Monitoring and reporting: This defines how GHG emissions will be measured and reported over the lifetime of the project.
By following the Project Standard, organizations can demonstrate the GHG emissions reductions that have been achieved through their projects, and contribute to the reduction of global GHG emissions. The Project Standard is widely recognized as the leading standard for GHG emissions measurement and reporting from projects, and it is used by companies, governments, and other organizations around the world.