GHG Reporting Explained
What is GHG Reporting and Why Does it Matter?
GHG reporting involves measuring and disclosing an organisation’s greenhouse gas emissions. It is essential for regulatory compliance, improving sustainability performance, and identifying cost-saving opportunities. With mandatory reporting under the EU CSRD beginning in 2026, SMEs need to take proactive steps to ensure compliance and demonstrate their commitment to sustainability.
Understanding Emissions Scope
Understanding Scope 1, 2, and 3 Emissions
- Scope 1
Direct emissions from owned or controlled sources, such as company vehicles and on-site fuel combustion. - Scope 2
Indirect emissions from purchased electricity, steam, heating, and cooling. - Scope 3
All other indirect emissions from the value chain, including supplier emissions, business travel, and product lifecycle impacts.
CSRD Compliance
A Step-by-Step Guide to CSRD Compliance
- Assess Your Emissions
Conduct an initial carbon footprint assessment. - Identify Reporting Requirements
Understand which aspects of CSRD apply to your business. - Collect Data
Gather relevant emissions data for Scope 1, 2, and 3. - Prepare and Verify Reports
Compile reports in line with GHG Protocol and ISO 14064 standards. - Submit and Maintain Compliance
Submit reports as required and implement continuous improvement measures.
Aligning GHG Reporting with ISO 14001
How GHG Reporting Aligns with ISO 14001 and Sustainability Goals
ISO 14001 focuses on environmental management, and GHG reporting plays a crucial role in this framework. By integrating GHG reporting into ISO 14001 practices, businesses can:
- Improve regulatory compliance.
- Enhance operational efficiency and cost savings.
- Strengthen corporate sustainability initiatives and ESG performance.