The GHG Protocol consists of several key components that businesses need to understand:
1. Scopes of Emissions: - Scope 1: Direct emissions from owned or controlled sources. - Scope 2: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company. - Scope 3: All other indirect emissions that occur in a company’s value chain.
2. Standards and Tools: - Corporate Standard: For organizations to measure and manage emissions. - Scope 3 Standard: For value chain emissions. - Mitigation Goal Standard: For setting and tracking progress towards GHG reduction goals.