ISO 14064-1:2018
Greenhouse Gases Specification Management

What is ISO 14064-1:2018 – Greenhouse Gases Specification Management?

ISO 14064-1 outlines the principles and requirements for designing, developing, managing, and reporting organizational-level GHG inventories. It guides establishing organizational boundaries, identifying and categorizing GHG sources and sinks, selecting appropriate quantification methods, and compiling and reporting GHG inventory data.
The standard emphasizes the importance of accuracy, completeness, consistency, transparency, and relevance in GHG reporting. It also promotes using internationally recognized calculation methodologies and data quality management procedures. By following ISO 14064-1, organizations can enhance the credibility and comparability of their GHG inventories, thereby supporting informed decision-making, regulatory compliance, and communication with stakeholders.
It’s important to note that ISO 14064-1:2018 is specific to GHG inventories at the organizational level and does not cover product-level or project-level GHG assessments, which are addressed in ISO 14064-2 and ISO 14064-3, respectively.

What Are the Benefits of ISO 14064-1 to My Business?

ISO 14064-1 is a standard developed by the International Organization for Standardization (ISO) that guides.

 Implementing ISO 14064-1 can offer several benefits to your business:

  • Enhanced environmental credibility:

    ISO 14064-1 certification demonstrates your commitment to managing and reducing GHG emissions. It provides a credible and internationally recognized framework for assessing your organization’s environmental performance.

  • Improved stakeholder trust: 

    With ISO 14064-1 certification, you can build trust and confidence among customers, investors, regulators, and the public. It showcases your transparent approach to managing GHG emissions and addressing climate change concerns.

  • Competitive advantage: 

    ISO 14064-1 certification can give your business a competitive edge. Many customers and clients now prioritize environmentally responsible suppliers and partners. By quantifying and reporting your GHG emissions, you can differentiate yourself from competitors and attract environmentally conscious customers.

  • Cost savings through improved resource management:

    Implementing ISO 14064-1 helps identify areas where your organization can reduce GHG emissions and improve resource efficiency. Energy efficiency measures, waste reduction, and optimized processes can lead to cost savings.

  • Risk management and decision-making: 

    By systematically measuring and monitoring GHG emissions, you gain valuable insights into your organization’s environmental impact. This information can inform your risk management strategies and help you make data-driven decisions to reduce emissions, mitigate climate-related risks, and identify opportunities for improvement.

  • Improved relationships with stakeholders: 

    ISO 14064-1:2018 emphasizes stakeholder engagement throughout the GHG accounting process. This promotes collaboration, dialogue, and transparency, fostering positive relationships with employees, communities, regulators, and other stakeholders.

Overall, ISO 14064-1:2018 certification can help your business manage its environmental impact more effectively, demonstrate environmental responsibility, and capitalize on emerging market trends focused on sustainability and carbon management.