Greenhouse Gas (GHG) accounting has become increasingly important in recent years due to the demand for more environmental accountability. Whether by choice or due to legislation or mandatory Government led schemes, organisations need to able to effectively calculate their current impact before they can the right steps to reduce and offset the remaining emissions. There are a lot of different routes to take, and some may look so similar that you have to squint to see a difference. In this episode, Mel Blackmore breaks down the similarities and differences between the leading GHG emission reporting frameworks, ISO 14064-1 and the GHG Protocol Corporate Standard. You’ll learn ·      What are the 2 leading GHG accounting frameworks? ·      What are the similarities between the GHG Protocol and ISO 14064? ·      What are the differences between the GHG Protocol and ISO 14064? ·      Reporting on indirect emissions ·      Choosing the right framework ·      How can the GHG Protocol and ISO 14064 complement each other? Resources ·      Carbonology   In this episode, we talk about: [00:30] Join the isologyhub – To get access to a suite of ISO related tools, training and templates. Simply head on over to isologyhub.com to either sign-up or book a demo. [02:30] Episode summary: Mel will look at the similarities and differences between the 2 leading GHG emissions reporting frameworks, the GHG Protocol and ISO 14064-1:2018. [02:20] What are the 2 leading GHG accounting frameworks? – Greenhouse gas (GHG) accounting has become increasingly important for organisations seeking to manage their environmental impact and contribute to climate change mitigation efforts. Two prominent frameworks guide this process: ISO 14064-1:2018 and the GHG Protocol Corporate Standard. Climate change concerns necessitate robust methodologies for quantifying and reporting organisational GHG emissions. Standardised frameworks offer a transparent and reliable approach for organisations to measure their impact and contribute to environmental sustainability goals. This article examines two leading frameworks: ISO 14064-1:2018 and the GHG Protocol Corporate Standard. [06:10] What are the similarities between the GHG Protocol and ISO 14064? – GHG Scope Definition: Both frameworks categorise emissions into three scopes: Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased electricity, heat, or steam), and Scope 3 (other indirect emissions throughout the value chain). In general, the GHG Emissions covered in the GHG Protocol Corporate Standard conform to ISO 14064-1 if significant Sope 3 GHG emissions and GHG removals are both considered. Quantification Principles: Both emphasize the importance of accuracy, completeness, consistency, transparency, and relevance when quantifying emissions. GHG Reporting Boundaries: Both require clear definition of the organisational boundaries for which emissions are quantified. GHG Inventory: Both frameworks guide the development of a GHG inventory, a comprehensive record of all organisational emissions. [09:15] What are the differences between the GHG Protocol and ISO 14064? – Focus: ISO 14064-1 is a more procedural framework, outlining the steps for quantifying, reporting, and verifying GHG emissions. The GHG Protocol, on the other hand, offers detailed guidance on calculating emissions for various activities and sectors but lacks formal verification requirements. Level of Detail: The GHG Protocol provides a more comprehensive and detailed approach, including calculation methods, guidance on emission factors, and best practices. ISO 14064-1 offers a less prescriptive approach, allowing organisations to choose calculation methodologies based on their specific needs. Avoided GHG Emissions: The concept of avoided GHG emissions is not addressed in ISO 14064-1.  However, the GHG Pro