Greenhouse Gas Protocol (GHG Protocol)

The Greenhouse Gas Protocol (GHG Protocol) is an internationally recognized framework for measuring and managing greenhouse gas emissions. It was developed at the end of the 1990s by the World Resource Institute (WRI) and the World Business Council for Sustainable Development (BWCSD) out of the need for an international standard for accounting and reporting greenhouse gas emissions in companies. The following two standards are relevant for corporate carbon accounting:

The Corporate Accounting and Reporting Standard contains requirements and guidelines for preparing a greenhouse gas inventory for companies and other organizations.

The Corporate value chain standard concentrated Focus on Scope 3 emissions and helps companies record emissions from their entire value chain. It is the most commonly used global standard for corporate greenhouse gas accounting.