Corporate Standard: Definition

The GHG Protocol Corporate Accounting and Reporting Standard establishes criteria and guidance for entities, including companies, engaged in the preparation of a greenhouse gas (GHG) emissions inventory. Its creation was driven by the following key objectives:1. Facilitating the creation of a GHG inventory that faithfully represents a precise account of emissions by employing standardised methodologies and principles.2. Streamlining and lowering the expenses associated with compiling a GHG inventory.3. Supplying enterprises with data that can be leveraged for constructing an efficient strategy for GHG emission management and reduction.4. Enhancing uniformity and transparency in GHG accounting and reporting across various companies and GHG programs. This standard predominantly addresses the needs of businesses undertaking the development of a GHG inventory.