ISO 14064:2006 - Greenhouse Gas Accounting & Verification Management System
"Contributing to GHG emission reduction"
In parallel with the emergence of regulated or mandatory schemes relating to monitoring, reporting and verification of Greenhouse Gases (GHG), organisations outside of mandatory or regulated schemes such as the EU Emission Trading scheme or the UN CDM mechanism schemes also wish to monitor and report their emissions (commonly referred to as the organization's carbon footprint). In order to demonstrate their corporate social responsibility (CSR) credentials
In response to this demand and to provide an international standard against which such reports can be voluntarily verified, ISO 14064 has been developed. The ISO 14064 standards (published in 2006 and early 2007) are the most recent additions to the ISO 14000 series of International Standards for environmental management. The ISO 14064 standards provide governments, businesses, regions and other organisations with an integrated set of tools for programs aimed at measuring, quantifying and reducing greenhouse gas emissions. These standards allow organisations take part in emissions trading schemes using a globally recognised standard.
The Standard is published in three parts:
ISO 14064-1:2006 specifies principles and requirements at the organization level for quantification and reporting of greenhouse gas (GHG) emissions and removals. It includes requirements for the design, development, management, reporting and verification of an organization's GHG inventory.
ISO 14064-2:2006 specifies principles and requirements and provides guidance at the project level for quantification, monitoring and reporting of activities intended to cause greenhouse gas (GHG) emission reductions or removal enhancements. It includes requirements for planning a GHG project, identifying and selecting GHG sources, sinks and reservoirs relevant to the project and baseline scenario, monitoring, quantifying, documenting and reporting GHG project performance and managing data quality.
ISO 14064-3:2006 specifies principles and requirements and provides guidance for those conducting or managing the validation and/or verification of greenhouse gas (GHG) assertions. It can be applied to organizational or GHG project quantification, including GHG quantification, monitoring and reporting carried out in accordance with ISO 14064-1 or ISO 14064-2.
ISO 14064-3:2006 specifies requirements for selecting GHG validators/verifiers, establishing the level of assurance, objectives, criteria and scope, determining the validation/verification approach, assessing GHG data, information, information systems and controls, evaluating GHG assertions and preparing validation/verification statements.
ISO 14064 was developed over several years by the International Organisation for Standardization (ISO). It was launched in the spring 2006.
ISO 14064:2006 is the latest standard
It is applicable to any organization who cares for environment and looking for GHG accounting & verification
DRIVERS FOR CERTIFICATION
Promote consistency, transparency and credibility in GHG quantification, monitoring, reporting and reduction
Identify and manage GHG-related liabilities, assets and risks
Facilitate the trade of GHG allowances or credits
Support the design, development and implementation of comparable and consistent GHG schemes or programs
Develop robust internal mechanisms for quantifying, managing and reporting GHG emissions
Build trust with stakeholders
Facilitate the development and implementation of organizations’ GHG management strategies and plans for the future
Provide the ability to track performance and progress in the reduction of GHG emissions and/or the increase in GHG removals