Implementing the GHG Protocol - advantages of implementation

Climate change has become a major global concern, and companies across all industries are facing increasing pressure to reduce their greenhouse gas (GHG) emissions. The Greenhouse Gas Protocol is a voluntary international standard widely used to measure and report organizations’ GHG emissions. Essentially, the GHG Protocol provides a “common language” and a set of clear methodologies by which companies can calculate their carbon footprint consistently and transparently, dividing emissions into Scope 1 (direct, from owned/operated sources), Scope 2 (indirect from purchased electricity and heating and cooling) and Scope 3 (all other indirect emissions in the value chain). This seemingly bureaucratic reporting standard can become a valuable tool for corporate efficiency, innovation and sustainability.