Climate change is one of the biggest threats facing humankind and governments around the world are adopting regulations for measuring and reducing emissions. In addition businesses tied up in supply chains will have to report emissions to larger environmentally conscious corporations. Moreover, customers as well as other stakeholders are demanding more environmentally responsible behavior from businesses.
Old adage states that only things that are measured get managed. By measuring the sources of GHG emissions organizations are able to identify key areas to target in order to reduce emissions. As a result organizations can simultaneously lower environmental impacts and their costs. In addition businesses that adopt environmentally responsible behavior will stand out from the crowd and become leaders in their industry by innovating new products and business processes.
Enterprises wants to reduce carbon emission, the first step is carbon accounting. Carbon accounting can help enterprises make clear carbon reduction strategy.
Main reasons why enterprises should measure, report and manage their GHG emissions:
• Policy: National or regional compulsory carbon reduction regulation.
• Client: Clients need the carbon accounting and carbon report.
• Cost: High carbon products will have higher and higher cost.
• Consumer: Consumers prefer to buy the low carbon products or services.
•l Social Responsibility: Carbon reduction can bring good image for enterprises.
• Carbon Trading: Carbon Trading can bring profit if do well in carbon reduction.
Carbonstop uses the GHG-Protocol 5 and ISO-14064 greenhouse verification standard to do the carbon account.
ISO 14064 has been prepared in three parts:
Part 1: This details the principles and requirements for designing, developing, managing and reporting organization level GHG inventories. It includes requirements for determining boundaries, quantifying emissions and removals, and identifying specific company actions or activities aimed at improving GHG management. It also includes requirements and guidance on quality management of the GHG inventory, reporting, internal auditing and the organization's responsibilities for verification.
Part 2: This focuses on GHG projects or project based activities specifically designed to reduce GHG emissions or increase GHG removals. It includes principles and requirements for determining project baseline scenarios and for monitoring, quantifying and reporting project performance relative to that baseline and provides the basis for GHG projects to be validated and verified.
Part 3: This part of ISO 14064 provides principles, requirements and guidance for those conducting GHG information validation and verification. It describes a process for providing assurance to intended users that an organization's or project's GHG assertions are complete, accurate, consistent, transparent and without material discrepancies.
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