ISO 14064-1:2018 Greenhouse Gases Verification at Organisation Level
BBC helps businesses achieve net zero emissions by providing knowledge and direction in implementing ISO 14064-1:2018, a standard that deals with greenhouse gas accounting and verification. BBC guides businesses through GHG assessments, creating GHG reduction strategies, and assisting with the creation of GHG emissions reports.
What is ISO 14064-1:2018?
ISO 14064 is the first chapter of the multi-series on GHGs ISO standards. ISO 14064-1:2018 is a document that specifies principles, and requirements at the organisational level for quantifying and reporting greenhouse gas (GHG) emissions and removals. It includes requirements for the design, development, management, reporting, and verification of an organisation’s GHG inventory.
To ensure that GHG-related information is a true and fair account, it takes into account the application of several principles, including relevance, completeness, consistency, accuracy, and transparency. It also includes the identification of greenhouse gas sources and sinks, the calculation of emissions and removals, mitigation activities, and other various associated factors.
Why is ISO 14064-1:2018 important?
In order to reduce greenhouse gas (GHG) concentrations in the Earth’s atmosphere and make it easier for people to adapt to climate change, the public and private sectors are developing and putting into action international, regional, national, and local initiatives. ISO 14064-1:2018 offers clarity and consistency to support sustainable development through a low-carbon economy, to the benefit of organisations, project proponents, and interested parties globally. The documents will also help organisations to:
- Improve corporate image and reputation by demonstrating environmental responsibility.
- Increase financial performance through cost savings during the independent verification by our in-house professional engineers, which primarily focuses on inefficiency and improves overall process performance.
- Prepare the organisation and top management for future greenhouse gas emission legislative limitations.
- Build trust with customers who care about the environmental impact.
Our ISO 14064-1:2018 Framework
Our Clients’ Success
Logistic company Z in Malaysia was in the process of reducing organisational GHG emissions to improve its ESG rating. The company lacked a system or practise for collecting GHG emission data and was unclear on Scopes 1, 2, and 3. To solve the problems, BBC utilised a framework based on ISO 14064-1:2018 standard requirements for the company to easily implement a data collection system for quantifying GHG emissions. The company implemented the practise and quantified the GHG emissions for successful reporting and their cost analysis. The company is now ISO certified, and its ESG rating has improved by 50% as a result of yearly auditing. In addition, by adhering to consistent standard practices, the organisation cut its operational costs by 25%.