ISO 14064 STANDARD
ISO stands for the International Organization for Standardization. It is an independent, non-governmental international organization that develops and publishes standards to ensure the quality, safety, efficiency, and interoperability of products, services, and systems across different industries.
ISO 14064 is an international standard designed to provide a framework for measuring, managing, and reporting greenhouse gas (GHG) emissions and removals.
The ISO 14064 standard is divided into three parts:
ISO 14064-1
is primarily used for organizations (e.g. carbon taxpayers) to consistently calculate, report, and verify their GHG emissions in terms of Scope 1, 2, and 3 emissions.
Scope 1: Direct GHG Emissions
These are emissions that result from sources owned or controlled by the organization, such as fuel combustion in company-owned vehicles, boilers, or manufacturing processes.
Scope 2: Indirect GHG Emissions from Energy
These are emissions associated with the consumption of purchased electricity, steam, heat, or cooling. Even though the emissions occur outside the organization (at the power plant, for instance), they are reported because the energy is consumed by the organization.
Scope 3: Other Indirect GHG Emissions
Scope 3 emissions are all other indirect emissions resulting from the organization's activities, but occurring from sources not owned or controlled by the company (e.g., emissions from suppliers, business travel, waste disposal).
ISO 14064-2
Focus on the quantification, monitoring, and reporting of greenhouse gas (GHG) emission reductions and removal enhancements at the project level.
ISO 14064-3
Focuses on the validation and verification of greenhouse gas (GHG) assertions. It provides guidelines for ensuring the accuracy, consistency, and credibility of GHG emissions reports and claims, whether they come from organizational GHG inventories (ISO 14064-1) or project-level reductions (ISO 14064-2).