Carbon management trends

Greenhouse gas inventory

SGS Organizational Greenhouse Gas Inventory Service

SGS Organizational Greenhouse Gas Inventory Service – The First Step for Enterprises on the Sustainability Journey

 

What

What is an Organizational Greenhouse Gas Inventory?

An organizational greenhouse gas inventory is the process by which a company, organization, or other entity collects, records, calculates, and reports its greenhouse gas emissions and removals, thereby establishing a greenhouse gas management system. Common domestic and international quantification standards or guidelines include: ISO 14064-1:2018, Greenhouse Gas Protocol, and the Ministry of Environment Greenhouse Gas Inventory Guidelines. According to the Ministry of Environment guidelines, the greenhouse gases that organizations need to inventory include: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6), nitrogen trifluoride (NF3), and other gases announced by the competent authority.

What is an Organizational Greenhouse Gas Inventory?
What is an Organizational Greenhouse Gas Inventory?

Why

Why Should Enterprises Conduct ISO 14064-1:2018 (Organizational Greenhouse Gas Inventory)?

The Paris Agreement demonstrates countries’ commitment to net-zero emissions and encourages the development of climate-related regulations. International enterprises are taking carbon reduction actions, and major brands are beginning to require suppliers to provide emission data, formulate reduction strategies, and drive supply chain carbon reductions to achieve net-zero goals. For enterprises, conducting a greenhouse gas inventory independently brings several benefits:

  1. Helps identify greenhouse gas emission hotspots and develop carbon reduction strategies.
  2. Assists in recognizing climate change risks and promotes supply chain carbon reduction actions.
  3. Enhances market competitiveness and meets stakeholder expectations.
  4. Demonstrates corporate commitment to carbon reduction and improves brand image.

Who

Which Enterprises Need ISO 14064-1:2018 (Organizational Greenhouse Gas Inventory)?

Enterprises may be required by domestic regulations or customer demands to conduct greenhouse gas inventories and disclose emissions:

  1. Ministry of Environment Requirements: Enterprises announced by the Ministry of Environment must inventory, register, and verify greenhouse gas emission sources.
  2. Publicly Listed Companies: The Financial Supervisory Commission issued the "Sustainable Development Roadmap for Listed Companies" on March 3, 2022, implemented in phases. All listed companies must complete greenhouse gas inventories by 2027 and obtain third-party verification by 2029.
  3. SMEs: Companies within the global supply chain facing net-zero requirements or voluntarily conducting carbon inventories to demonstrate net-zero commitment.
Sustainable Development Roadmap Timeline for Listed Companies
Sustainable Development Roadmap Timeline for Listed Companies

How

How to Conduct ISO 14064-1:2018 (Organizational Greenhouse Gas Inventory)?

Enterprises can follow five key steps to conduct an organizational greenhouse gas inventory:

Five Key Steps for Conducting an Organizational Greenhouse Gas Inventory
Five Key Steps for Conducting an Organizational Greenhouse Gas Inventory
  1. Define Boundaries: Determine the inventory scope and clearly define reporting boundaries.
  2. Identify Emission Sources: Identify and assess direct and indirect greenhouse gas emission sources within the organization.
  3. Calculate Emissions: Collect and organize data related to emission sources, such as activity data and emission factors.
  4. Produce Report: Compile emission inventories and prepare reports and internal procedure documents.
  5. Internal and External Verification: Conduct internal and/or external verification, selecting verification bodies according to regulations or organizational needs.

Solution

SGS Assists You with Organizational Greenhouse Gas Inventories

SGS has extensive resources and a professional team to help you assess risks and provide comprehensive solutions. ISO 14064-1:2018 is a must-have for all enterprises and represents the first step on the carbon management journey. Are you interested in conducting a greenhouse gas inventory but unsure where to start? Contact us!

Q&A

Frequently Asked Questions

The duration of the inventory depends on the size of the organization, inventory scope, and personnel involvement, typically ranging from several months to one year.

If an enterprise is conducting a voluntary carbon inventory without external mandates, external verification is optional. External verification provides the following benefits:

  • Ensures the inventory process and results comply with ISO 14064-1 requirements.
  • Enhances accuracy, transparency, and credibility of quantified results and reports, demonstrating commitment and responsibility to stakeholders.

Both are standards related to greenhouse gas quantification. ISO 14067 quantifies the carbon footprint of products, while ISO 14064-1 addresses the overall organizational greenhouse gas emissions.

More information on ISO 14067 Product Carbon Footprint

References:

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Further Reading

  1. SONY發布環境管理物質規範(SS-00259)第二十四版，新版本已在2026年六月強制生效

  2. UK REACH SVHC高關注物質候選清單新增15項物質

  3. 拆解美國PFAS「地方市場禁令趨同」與「聯邦動態申報」的雙軌路徑

  4. 法國《Thierry 法案》全面上路，承襲歐盟三層級門檻力阻 PFAS 污染

  5. 《資源循環推動法》三讀通過：電子電器產業邁向全生命週期管理新時代
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