The ISO 14064 series offers a globally recognized framework for quantifying, reporting, and verifying greenhouse gas (GHG) emissions and removals.
What Are ISO 14064-1 and ISO 14064-2?
- ISO 14064-1 focuses on the organizational level. It specifies principles and requirements for developing, quantifying, and reporting GHG inventories—essentially your company’s carbon footprint, including emissions and removals across Scopes 1 (direct), 2 (indirect), and relevant Scope 3 activities.
- ISO 14064-2 is project-focused. It provides guidelines for quantifying, monitoring, and reporting GHG emission reductions or removal enhancements resulting from individual projects—for example, renewable energy, reforestation, or energy efficiency initiatives.
ISO 14064-1 Requirements
- Define boundaries: Set organizational and operational boundaries using approaches like equity share or control—then classify GHG sources and removals by scope (1, 2, and 3).
- Quantify emissions and removals: Use consistent methods and reliable data to measure organizational GHGs. Select a base year for tracking progress.
- Transparent reporting: Reports should state the reporting period, data sources, calculation methods, and any assumptions or limitations.
- Verification: Third-party checks are highly recommended to enhance credibility and support compliance with growing regulatory mandates.
- Strategic integration: Inventory results underpin science-based target setting, regulatory filing, and sustainability reporting to CDP, TCFD, CSRD, and more.
ISO 14064-2: Project-Based Emissions Management
- Project definition & scope: Identify all GHG sources, sinks, and reservoirs relevant to the project.
- Baseline scenario: Establish a scenario representing what would occur without the project—this “counterfactual” is the reference for calculating net reductions or enhancements.
- Monitoring & data quality: Establish robust monitoring plans and ensure that data on project performance is collected and controlled.
- Reporting & stakeholder communication: Consistently document and communicate project results in line with ISO/GHG program requirements.
- Verification & validation: Use ISO 14064-3 processes for independent assurance that results are accurate and claims about carbon reductions are credible.
The Benefits you should expect:
- Regulatory alignment: Fulfills new 2025 climate disclosure laws in the EU, US, and globally by providing recognized methodologies for GHG measurement and reporting.
- Credible claims: Third-party-verified inventories and project reports improve trust with investors, regulators, and customers.
- Actionable insight: Supports setting and tracking progress against science-based targets and climate action plans.
- Competitive advantage: ISO compliance and certification can boost eligibility for sustainable finance, procurement, and carbon markets.
- Operational savings: Reveals emissions hotspots, driving resource efficiency and cost reduction.
- Reputation and ESG leadership: Implementing ISO 14064-1 and ISO 14064-2 helps organizations build a robust pathway to climate accountability, competitive differentiation, and long-term sustainability leadership. Demonstrates genuine climate accountability and corporate responsibility.
How CBA can help you?
Our solid approach and experience will help you implement the solid steps to certification and maintaining certification, including:
- Gap Analysis: Assess your readiness position versus the
- Action plan & Implementation: Deploy policies, technologies, and staff training to address identified gaps.
- Check compliance requirements
- Document the AS IS situation: Using date from your records and templates with reference materials create your current GHG emissions profile
- Plan the TO BE situation: Design cost effective measures to achieve reduction goals
- Training: Passing the messages and giving the tools necessary to your personnel
- Internal Auditing: Making sure you are ready
- Certification: Facilitate the process for getting maximum benefits from the certification audit by accredited certification bodies