What is the Greenhouse Gas Protocol?

The Greenhouse Gas Protocol is an international accounting tool designed for governments and businesses to understand, quantify, and manage greenhouse gas (GHG) emissions. It provides standards and guidance for companies and other types of organizations to assess their emissions in a consistent manner, which is crucial for sustainability reporting and strategy development. This protocol is vital for organizations aiming to track their carbon footprints and develop strategies to reduce their environmental impact effectively.

By using the Greenhouse Gas Protocol, organizations can categorize and report their emissions based on various scopes (scope 1, 2, and 3), enabling them to identify sources of emissions, assess risks, and identify opportunities for improvement. This accounting framework is widely recognized and serves as a foundation for many national and international emissions reduction initiatives, thereby helping to facilitate global efforts in addressing climate change.