GHG Protocols
GHG Protocols are widely recognized international standards for measuring and managing greenhouse gas emissions. They give organizations instructions and methods for calculating and disclosing their GHG emissions, making it possible to assess emissions consistently and transparently across various industries and geographical areas.?
There are two primary GHG Protocol frameworks:
Starting with Corporate Accounting and Reporting Standard, groups and businesses can measure and report their both direct and indirect GHG emissions using this methodology. It offers advice on how to take into consideration emissions from different sources, such as energy use, logistics, production, and waste management. The Corporate Standard provides instructions on how to set goals for emissions reductions and monitor results over time.
With the Scope 2 guidance, the recording and reporting of indirect greenhouse gasses from the use of bought electricity, heat, and steam are the main objectives of this structure. It offers organizations methods for calculating and disclosing the emissions connected to the electricity they use, which is obtained from outside suppliers.
The GHG Protocol has created industry-specific guidelines and standard materials as well as these two fundamental frameworks to handle the particular difficulties and sources of emissions in multiple sectors, including farming, manufacturing, and banking.
Companies, governments, and other organizations frequently use the GHG Protocol concepts as a standard vocabulary and approach for measuring and managing GHG emissions. They make it possible for businesses to monitor their emissions, set goals for their elimination, and provide consistent, reliable progress reports. This promotes more responsibility, identifies emission hotspots, and implements efficient methods to lessen the effects of environmental degradation.