GHG Inventory
From Open Risk Manual
Revision as of 22:14, 25 October 2021 by Wiki admin (talk | contribs)
Definition
GHG Inventory is the enumeration of an entity's contributions to Greenhouse Gas Emissions. [1]
It serves various business goals:
- Managing GHG Risks and identifying reduction opportunities
- Identifying risks associated with GHG constraints in the future
- Identifying cost effective reduction opportunities
- Setting GHG targets, measuring and reporting progress
- Public reporting and participation in voluntary GHG programs
- Voluntary stakeholder reporting of GHG emissions and progress towards GHG targets
- Reporting to government and NGO reporting programs, including GHG registries
- Eco-labelling and GHG certification
- Participating in mandatory reporting programs
- Participating in government reporting programs at the national, regional, or local level
- Participating in GHG markets
- Supporting internal GHG Emissions Trading programs
- Participating in external cap and trade allowance trading programs
- Calculating carbon/GHG Taxes
- Recognition for early voluntary action.
- Providing information to support “baseline protection” and/or credit for early action
References
- ↑ The Greenhouse Gas Protocol, A corporate accounting and reporting standard, Revised Edition 2008