Greenhouse Gas Accounting Standards

Greenhouse Gas Protocol supplies the world's most widely used GHG accounting standards. The

standards are designed to provide a framework for businesses, governments, and other entities to

measure and report their greenhouse gas emissions in ways that support their missions and goals.

The popularity of GHG Protocol standards is due in part to the widespread stakeholder outreach

and consultation that is facilitated by World Resource Institute (WRI) and World Business Council

for Sustainable Development (WBCSD) during each standard development project (GHG

Protocol, 2013).

The GHG Protocol is working to give cities the standards and tools they need to measure their

emissions, build more effective emissions reduction strategies, set measurable and more ambitious

emission reduction goals, and to track their progress more accurately and comprehensively. The

standards of the company were divided into seven to assure quality and a more effective GHG

Accounting.

1. Corporate Standard – The GHG Protocol Corporate Accounting and Reporting Standard

provides requirements and guidance for companies and other organizations, such as NGOs,

government agencies, and universities, that are preparing a corporate-level GHG emissions

inventory.

2. GHG Protocol for Cities – The Global Protocol for Community-Scale Greenhouse Gas

Emission Inventories (GPC) provides a robust framework for accounting and reporting

city-wide greenhouse gas emissions.

3. Mitigation Goal Standard – The GHG Protocol Mitigation Goal Standard provides

guidance for designing national and subnational mitigation goals and a standardized

approach for assessing and reporting progress toward goal achievement.

4. Corporate Value Chain (Scope 3) Standard – The Corporate Value Chain (Scope 3)

Standard allows companies to assess their entire value chain emissions impact and identify

where to focus reduction activities.

5. Policy and Action Standard – The GHG Protocol Policy and Action Standard provides a

standardized approach for estimating the greenhouse gas effect of policies and actions.

6. Product Standard – The Product Standard can be used to understand the full life cycle

emissions of a product and focus efforts on the greatest GHG reduction opportunities. This

is the first step towards more sustainable products.

7. Project Protocol – The GHG Protocol for Project Accounting is the most comprehensive,

policy-neutral accounting tool for quantifying the greenhouse gas benefits of climate

change mitigation projects.