The GHG Protocol has announced new steps in the process of updating its standards for the accounting and reporting of greenhouse gas emissions. The most significant change is the development of a common corporate standard, drawn up in collaboration with ISO.<\/p>\n
The GHG Protocol is one of the main frameworks used for emissions inventories, for climate targets validated by the SBTi, for reporting to investors, and for climate reporting under ESRS E1. The current standards remain applicable, but climate reporting is moving towards harmonisation of methodologies and a clearer distinction between actual emissions and the impact of climate actions.<\/p>\n
The GHG Protocol and the International Organisation for Standardisation will develop a harmonised global standard for corporate emissions accounting. The aim is to integrate existing standards into a common framework that is easier for companies to use and more consistent at an international level. The consolidated standard will include the current GHG Protocol standards for Scope 1, Scope 2 and Scope 3, the outcomes of the Actions and Market Instruments process, and the ISO 14064-1 standard.<\/p>\n
The integrated public consultation on the future standard is scheduled for the second quarter of 2027. The joint GHG Protocol\u2013ISO standard is expected to be published in the fourth quarter of 2028. Companies must continue to report in accordance with the current standards. The change does not require an immediate recalculation of inventories, but it is worth monitoring in good time, particularly by companies with significant Scope 2 and Scope 3 emissions or climate targets that have already been validated.<\/p>\n
The consolidated standard will bring together several components that are currently used separately. It will include the Corporate Standard, Scope 2 Guidance, Scope 3 Standard, the outcomes of the Actions and Market Instruments process, and ISO 14064-1. This integration is important because many companies currently use a combination of standards, guidance and methodologies. A common framework can help to ensure more comparable reporting, particularly for groups operating across multiple jurisdictions or reporting to multiple categories of users: authorities, investors, customers, banks and ESG rating schemes.<\/p>\n
A key part of the announcement concerns the accounting of Scope 2 emissions, i.e. indirect emissions associated with the energy purchased and consumed by the company. The GHG Protocol has published the results of its public consultation on Scope 2. The consultation received nearly 1,100 responses from 56 countries, demonstrating the high level of interest in this area. This is a sensitive issue for companies because purchases of renewable energy, certificates, guarantees of origin and PPAs can influence reported emissions. The difficult question is how these instruments can be reflected in a way that accurately shows the relationship between energy procurement and the actual climate impact.<\/p>\n
The GHG Protocol states that a number of reporting approaches are being examined, and that the proposals will be reviewed by the technical working groups and approved by the Independent Standards Board.<\/p>\n
The third update concerns the \u2018Actions and Market Instruments\u2019 process. This workflow examines how companies can report the effects of climate actions and market instruments alongside their emissions inventory. This may include, for example, energy purchases, certificates, contracts, investments or other mechanisms used to support emissions reductions.<\/p>\n
The GHG Protocol proposes a multi-statement approach. Under this approach, companies would report three categories of information separately: physical emissions from operations and the value chain, emissions associated with market-based instruments, and the impact of actions or investments on emissions. This separation is important for the credibility of the reporting. It can reduce the risk of operational emissions being conflated with contractual instruments or with climate actions that are presented too broadly. For companies, this approach can provide greater clarity regarding what they actually emit, what they purchase through market-based instruments, and what they reduce through concrete actions.<\/p>\n
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GHG Protocol a anun\u021bat noi pa\u0219i \u00een procesul de actualizare a standardelor sale pentru contabilizarea \u0219i raportarea emisiilor de gaze cu efect de ser\u0103. Cea mai important\u0103 schimbare este dezvoltarea unui standard corporativ comun, realizat \u00eempreun\u0103 cu ISO. GHG Protocol este una dintre principalele referin\u021be folosite pentru inventarele de emisii, pentru \u021bintele climatice validate prin […]<\/p>\n","protected":false},"author":4,"featured_media":9648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noutati"],"_links":{"self":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/10862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/comments?post=10862"}],"version-history":[{"count":2,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/10862\/revisions"}],"predecessor-version":[{"id":10864,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/10862\/revisions\/10864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/media\/9648"}],"wp:attachment":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/media?parent=10862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/categories?post=10862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/tags?post=10862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}