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EnvironmentFirst “Let the Environment be your first Inspiration” Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.) [email protected] +91 731 6007860 www.environmentfirst.in Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula Scope This part of ISO 14064 specifies principles and requirements at the organization level for quantification and reporting of greenhouse gas (GHG) emissions and removals. It includes requirements for the design, development, management, reporting and verification of an organization's GHG inventory. ISO 14064 consists of the following parts, under the general title Greenhouse gases: Part 1: Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals Part 2: Specification with guidance at the project level for quantification, monitoring and reporting of greenhouse gas emission reductions or removal enhancements Part 3: Specification with guidance for the validation and verification of greenhouse gas assertions Introduction Climate change has been identified as one of the greatest challenges facing nations, governments, business and citizens over future decades. Climate change has implications for both human and natural systems and could lead to significant changes in resource use, production and economic activity. In response, international, regional, national and local initiatives are being developed and implemented to limit greenhouse gas (GHG) concentrations in the Earth’s atmospher e. Such GHG intitiatives rely on the quantification, monitoring, reporting and verification of GHG emissions and/or removals. This part of ISO 14064 details principles and requirements for designing, developing, managing and reporting organization- or company-level GHG inventories. It includes requirements for determining GHG emission boundaries, quantifying an organization's GHG emissions and removals, and identifying specific company actions or activities aimed at improving GHG management. It also includes requirements and guidance on inventory quality management, reporting, internal auditing and the organization's responsibilities for verification activities. Benefits of implementation ISO 14064 is expected to benefit organizations, governments, project proponents and stakeholders worldwide by providing clarity and consistency for quantifying, monitoring, reporting and validating or verifying GHG inventories or projects. Specifically, use of ISO 14064 could enhance the environmental integrity of GHG quantification, enhance the credibility, consistency and transparency of GHG quantification, monitoring and reporting, including GHG project emission reductions and removal enhancements,

ISO 14064

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Page 1: ISO 14064

EnvironmentFirst“Let the Environment be your first Inspiration”

Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)[email protected] +91 731 6007860 www.environmentfirst.inRepresentative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula

Scope

This part of ISO 14064 specifies principles and requirements at the organization level for quantificationand reporting of greenhouse gas (GHG) emissions and removals. It includes requirements for the design,development, management, reporting and verification of an organization's GHG inventory.

ISO 14064 consists of the following parts, under the general title Greenhouse gases:

— Part 1: Specification with guidance at the organization level for quantification and reporting ofgreenhouse gas emissions and removals

— Part 2: Specification with guidance at the project level for quantification, monitoring and reporting ofgreenhouse gas emission reductions or removal enhancements

— Part 3: Specification with guidance for the validation and verification of greenhouse gas assertions

Introduction

Climate change has been identified as one of the greatest challenges facing nations, governments,business and citizens over future decades. Climate change has implications for both human and naturalsystems and could lead to significant changes in resource use, production and economic activity. Inresponse, international, regional, national and local initiatives are being developed and implemented tolimit greenhouse gas (GHG) concentrations in the Earth’s atmosphere. Such GHG intitiatives rely on thequantification, monitoring, reporting and verification of GHG emissions and/or removals.

This part of ISO 14064 details principles and requirements for designing, developing, managing andreporting organization- or company-level GHG inventories. It includes requirements for determiningGHG emission boundaries, quantifying an organization's GHG emissions and removals, and identifyingspecific company actions or activities aimed at improving GHG management. It also includesrequirements and guidance on inventory quality management, reporting, internal auditing and theorganization's responsibilities for verification activities.

Benefits of implementation

ISO 14064 is expected to benefit organizations, governments, project proponents and stakeholdersworldwide by providing clarity and consistency for quantifying, monitoring, reporting and validating orverifying GHG inventories or projects. Specifically, use of ISO 14064 could

— enhance the environmental integrity of GHG quantification,

— enhance the credibility, consistency and transparency of GHG quantification, monitoring andreporting, including GHG project emission reductions and removal enhancements,

Page 2: ISO 14064

EnvironmentFirst“Let the Environment be your first Inspiration”

Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)[email protected] +91 731 6007860 www.environmentfirst.inRepresentative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula

— facilitate the development and implementation of an organization's GHG management strategies andplans,

— facilitate the development and implementation of GHG projects,

— facilitate the ability to track performance and progress in the reduction of GHG emissions and/orincrease in GHG removals, and

Users of ISO 14064 could find benefit from some of the following applications:

a) corporate risk management: for example, the identification and management of risks and opportunities;

b) The expenses of ISO 14064 could be accounted under Corporate Social Responsibility

c) ISO 14064 shows a responsive nature of the management towards environment which reflects to abetter brand in comparison to other competitors.

EnvironmentFirst Services

1. Site Visit to check the probable GHG sources2. Data Collection3. GHG Footprint Calculations4. Removal Calculations (If any)5. Report Writing6. Validation & Verification - of an organisation’s GHG assertions, claims and reports

against ISO 14064, part 17. Training - to help you implement this standard into your organisation, public and in-

house training is available.8. Implementation Workshops - facilitated workshops aimed at providing training to your

organisation on how to develop a process to implement and manage these issues.

Why Choose EnvironmentFirst?

Leading Edge

EnvironmentFirst is at the leading edge of GHG services across a range of sectors and schemes.EnvironmentFirst has a vast experience to help clients manage their GHG data gathering, monitoringand reporting and gain robust third party verifications of their assertions. EnvironmentFirst also haveexperience within other relevant areas of corporate reports, including Corporate Sustainability etc.