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GHG ACCOUNTING AND VERIFICATION

ISO 14064 1,2 & 3

Greenhouse Gas (GHG) Accounting and Verification form the scientific and regulatory backbone of organisational climate action, enabling companies to quantify their carbon footprint, understand climate-related risks, demonstrate compliance, and track progress toward decarbonisation goals. As global climate policies tighten and stakeholder expectations increase, an accurate and transparent GHG inventory has become essential not only for environmental responsibility but for business continuity, competitiveness, and long-term strategic planning. GHG accounting provides a structured methodology for measuring emissions across an organisation’s operations and value chain, following internationally recognised frameworks such as the GHG Protocol Corporate Standard, ISO 14064-1 for organisational quantification, and ISO 14064-2 for project-level emission reductions. These standards ensure consistency, comparability, and scientific rigor in emissions measurement by defining boundaries, classification rules, calculation methods, and reporting requirements. Today, GHG accounting is at the core of major sustainability and climate disclosure frameworks, including TCFD, CDP, EU CSRD/ESRS, GRI, ISSB IFRS S2, and Science Based Targets initiative (SBTi). Many governments, investors, multinational buyers, and financial institutions now require GHG data as part of ESG due diligence and risk assessment. Companies unable to provide credible emission data face growing challenges in supply-chain selection, investor confidence, regulatory compliance, and access to climate-linked financing. Verification — conducted in line with ISO 14064-3 — provides independent assurance that a company’s emissions data is accurate, complete, and reliable. Verified GHG inventories are essential for organisations pursuing net-zero commitments, participating in voluntary carbon markets, applying for green financing, or responding to ESG audits from clients or regulators. As climate policy converges globally toward transparency, carbon pricing, and transition planning, companies must adopt robust GHG accounting to remain compliant, resilient, and competitive. A well-designed GHG inventory not only quantifies emissions but also highlights emission hotspots, efficiency gaps, and strategic opportunities for operational improvements and long-term decarbonisation.

ISO 14064 1, 2 & 3 Audit

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