Greenhouse Gas Protocol

Summary:

International standards for accounting for greenhouse gases developed through a multi-stakeholder partnrship.

Description:

It covers the accounting and reporting of the six greenhouse gases covered by the Kyoto Protocol — carbon dioxide (CO2), methane (CH4 ), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulphur hexafluoride (SF6). The standard and guidance were designed with the following objectives in mind:

To help companies prepare a GHG inventory that represents a true and fair account of their emissions, through the use of standardized approaches and principles

• To simplify and reduce the costs of compiling a GHG inventory
• To provide business with information that can be used to build an effective strategy to manage and reduce GHG emissions
• To provide information that facilitates participation in voluntary and mandatory GHG programs
• To increase consistency and transparency in GHG accounting and reporting among various companies and GHG programs