The ISO 14060 family of standards is used to quantify, monitor, report and validate greenhouse gas (GHG) emissions and emissions to support sustainable development through a low-carbon economy. Using the ISO 14060 family involves:
– improving the integrity of the environment by quantifying greenhouse gas emissions;
– improving the credibility, monitoring, reporting and validation of greenhouse gas emissions (GHG);
– facilitating the development and implementation of strategies and plans for the management of greenhouse gas emissions (GHG);
– facilitating the ability to track performance and progress in reducing greenhouse gas emissions (GHG).(International Standard ISO14067, First Edition 2018-08).
The ISO 14060 family of standards can be applied in:
1. A company’s decisions to identify opportunities to reduce greenhouse gas emissions (GHG) as well as to increase profitability by reducing energy consumption;
2. Carbon risk management, by identifying and managing risks and opportunities;
3. Voluntary initiatives, such as participation in the creation of a voluntary registers for reporting greenhouse gas emissions (GHG);
4. GHG markets, such as the buying and selling of GHG allowances or credits;