GHG Protocol

The Greenhouse Gas (GHG) Protocol is the most widely used international framework for measuring and managing greenhouse gas emissions. Established through a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the GHG Protocol provides comprehensive standards and tools to help businesses, governments, and other organizations measure and report their greenhouse gas emissions consistently and transparently.

The GHG Protocol consists of several key standards:

• Corporate Standard: A framework for organizations to measure and manage emissions from their operations, including Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased electricity), and Scope 3 (all other indirect emissions).
• Product Life Cycle Standard: A methodology for assessing the full life-cycle emissions of a product, from raw material extraction to disposal.
• Value Chain (Scope 3) Standard: A framework for measuring emissions from an organization's entire value chain, both upstream and downstream.

The GHG Protocol is essential for climate action, as it enables organizations to set science-based targets, track progress toward reducing emissions, and report emissions data to stakeholders, including investors, regulatory bodies, and the public.

Source(s):

• Greenhouse Gas Protocol. (n.d.). About Us.
• World Resources Institute (WRI). (2023). Greenhouse Gas Protocol Initiative.
• U.S. Environmental Protection Agency (EPA). (n.d.). Global Greenhouse Gas Emissions Data.

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