Glossary entry

GHG Reporting Standard

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Definitions

GHG Reporting Standard

GHG Reporting Standard means a standard for the measurement[, reporting] and management of [Greenhouse Gases/ climate forcing emissions] published by [the GHG Protocol/ the International Standards Organization/ the BSI Group/ The Carbon Footprint Standard].

Drafting notes

The definition includes an option to include reporting where this will be required in addition to measuring and managing GHG emissions.

This definition includes options on what to report. We have included an option to report on climate forcing emissions as this would cover emissions of black carbon, which is not a gas but still has a warming effect.

There are a variety of standards that can be used to measure, report and manage an organisation’s GHG emissions. Some of the key standards are listed below:

1. The World Resources Institute (WRI) and WBCSD GHG Protocol Standards: These are globally recognised frameworks to track, measure and manage Greenhouse Gas (GHG) emissions from private and public sector operations, value chains and mitigation actions. They include the Corporate Accounting and Reporting Standard and the Product Life Cycle Accounting and Reporting Standard.

2. The International Organisation of Standardisation (ISO): The ISO14000 series of environmental management standards are intended to assist organisations in managing their environmental impact. They include:

  • ISO 14001, which allows organisations to demonstrate that their environmental impact is being measured and improved. 
  • ISO 14064, which allows programmes to measure, quantify and reduce GHG emissions and removals and to achieve carbon neutrality.
  • ISO 50001, which is an energy management system to help companies become more energy efficient.

3. BSI PAS 2050:2011: The British Standards Institution (BSI) issued PAS 2050 standard is widely used by businesses to calculate the carbon emissions of goods and services.

4. The Global Reporting Initiative (GRI) Sustainability Reporting Standards: GRI is an international standards body convened by Ceres, a non-profit coalition of investor, environmental, and social justice groups. The Sustainability Reporting Standards are a set of standards for sustainability reporting (including environmental and climate change reporting) to enable corporations to measure and understand their impacts on the environment, society and the economy.

5. The Carbon Footprint Standards: This draws together the leading standards to create a unified standard in assessing, reporting and offsetting emissions to enable businesses to promote their low carbon credentials.

6. The Carbon Footprint Standards: This draws together the leading standards to create a unified standard in assessing, reporting and offsetting emissions to enable businesses to promote their low carbon credentials.

Application

Supply chain clauses, national climate laws, finance agreements.