GHG-PROTOCOL-CORPORATE

World corporate GHG emissions accounting standard.

Definition

GHG Protocol Standards suite: Corporate Standard (2001), Project Protocol (2005), Product Standard (2011), Corporate Value Chain Scope 3 Standard (2011), Mitigation Goal Standard (2014), Policy and Action Standard (2014), Land Sector and Removals Standard (under development 2024). 7 GHGs covered: CO2, CH4, N2O, HFCs, PFCs, SF6, NF3 (Kyoto Protocol). Methodology: Organisational boundaries (control approach equity/financial), Operational boundaries (Scope 1, 2, 3). Adoption ~92% of Fortune 500.

Origin

GHG Protocol initiative launched by WRI and WBCSD 1998 ; Corporate Standard first edition published 2001 ; Revised Edition published 2004 ; ongoing updates.

Example in context

Coca-Cola applies GHG Protocol Corporate Standard for its annual inventory: Scope 1 ~2 MtCO2e, Scope 2 ~3 MtCO2e (location-based), Scope 3 ~50 MtCO2e (packaging materials, refrigeration).

Related terms

• Scopes 1-2-3 — used classification.