Standards for Emission Calculation:
Let’s discuss more on the above-mentioned standards. At a first glance, they may look similar yet the two have their own identity and purpose. The company must decide which standard will be appropriate and have significance to them. For identification of appropriate standards first let us understand why and how they are different and what information your stakeholder and organization is looking for.
Both the standards are intended for companies and organizations of all sizes, across all economic sectors. Those companies seeking an understanding of GHG inventory /carbon foot printing can benefit from this standard.
Difference between the ISO 14064 and ISO 14067:
ISO 14064 Standard provides a framework to validate and verify GHG emissions at every step, from quantification, and reporting to reduction at the organizational level. Application of this standard would provide organizations with good sustainability credentials through its commitments to a less hurting impact on the environment. For detailed knowledge, you may visit our company blog site.
This standard has three parts-
- ISO 14064-1: it shows the requirements for estimation and reporting of GHG emissions at the organizational level.
- ISO 14064-2: it shows the requirements for estimation and reporting of GHG emissions at the project level.
- ISO 14064-3: it provides guidelines on the validation and verification of GHG statements and claims made by the organisation, i.e. mainly it provides assurance guidelines.
By implementing this standard at the organizational level, companies can enhance their sustainability credentials and establish a commitment to reducing their environmental impact. This standard is particularly beneficial for GHG/ environmental reporting, compliance with regulations, and carbon trading.
On the other hand, ISO 14067 specifies principles, requirements, and guidelines for quantifying and reporting a product's impact on climate change.
There are different approaches to analysing your product's carbon footprint:
- It can be through a cradle to gate approach – which covers partial life cycle of product or an intermediate product where the boundary of emission calculation extends from material acquisition through to the product leaving the reporting company’s gate (e.g., immediately following the product’s production),
- the gate-to-gate approach - considers the emissions and removals attributable to a studied product while it is under the ownership or control of the reporting company,
- the commonly used cradle to grave approach - where the boundary covers the emissions of a studied product from material acquisition through the production, to the consumer or user and upto the to end-of-life treatment after the use.