Greenhouse gas emissions (GHG Emissions)

        The ISO organization made major revisions to the ISO 14064 standard at the end of 2018, aiming to guide companies to comprehensively assess the impact of greenhouse gases and report carbon reduction results. The ISO 14064 organizational greenhouse gas inventory standard can be applied to various industries, including manufacturing, OEM, service industry, etc.  

        ISO 14064 is divided into three parts, covering different levels of greenhouse gas management and reporting. The differences between the three can be clearly seen through the figure above. 

1. ISO 14064-1 : Organization 's GHG emissions and absorption within the scope of operations. ISO has clear standards and guidelines to enable organizations to follow GHG inventory and documentation methods.
2. ISO 14064-2 : Project planned emission reduction and absorption of GHG projects. Including plan writing > confirmation report > registration of offset project > group meeting > registration approval > monitoring report > verification report > group meeting > resolution > approval of issuance of reduction quota.
3. ISO 14064-3 Verification and validation of greenhouse gases . The process of verifying or validating a GHG statement.

1. Credibility and transparency : ISO 14064 provides an internationally recognized standard so organizations can ensure the accuracy and consistency of their greenhouse gas inventories and reporting. This can increase trust among external stakeholders such as investors, customers and regulators.
2. Risk Management : Understanding and managing GHG emissions can help organizations identify and reduce potential environmental, social and economic risks.
3. Compliance : Some countries or regions may require organizations to report their GHG emissions. Using ISO 14064 ensures that your organization meets these requirements.
4. Efficiency and Savings : Inventories can reveal energy-saving opportunities within an organization, which may reduce energy costs and improve operational efficiency.
5. Market and Competitive Advantage : In a modern market where consumers and other businesses are increasingly concerned about climate change, organizations with GHG inventory and verification are likely to be more favored and gain a competitive advantage.
6. ESG sustainable development : By inventorying and managing GHG emissions, organizations can contribute more to global sustainable development goals, especially the fight against climate change.
7. Promote green supply chains : Organizations can encourage their suppliers to adopt similar GHG management practices, thus improving the overall environmental performance of the supply chain.
8. Driving internal culture and engagement : Conducting GHG inventory and management may stimulate more sustainability initiatives within the organization and encourage employee engagement and innovation.
9. The most important thing is that the current international trade import and export is related to the CBAM Act implemented by the European Union, which mainly levies carbon tariffs on goods imported into the EU.