Greenhouse gas inventory

How it is used

Companies compile a GHG inventory using the GHG Protocol or ISO 14064-1 and often have it verified by a third party. Countries submit national inventories to the UN every year. Key elements are the organizational boundary, the base year, activity data and emission factors.

Example sentences

1. Our greenhouse gas inventory covers all 14 production sites and the head office.

2. The verifier found errors in the activity data used for the greenhouse gas inventory.

Common collocations

• prepare a GHG inventory
• national inventory report
• base year
• activity data
• third-party verification

Related terms

• Scope 1, 2 and 3 emissionsThe three categories used to report a company's greenhouse gases: Scope 1 from sources it owns, Scope 2 from the energy it buys, and Scope 3 from the rest of its value chain.
• emission factorA value that converts an activity, such as liters of fuel burned or kilowatt-hours of electricity used, into the amount of greenhouse gas or pollutant emitted.
• CO2eShort for carbon dioxide equivalent: a unit that expresses the warming effect of different greenhouse gases as the amount of CO2 that would cause the same warming.
• greenhouse gasA gas in the atmosphere, such as carbon dioxide, methane or nitrous oxide, that traps heat from the sun and warms the Earth's surface.
• baselineThe starting conditions or measurements against which later changes are compared, such as the state of the environment before a project or a company's emissions in a base year.

More terms: Environmental Reporting and ESG

• ESG
• sustainability report
• climate risk
• greenwashing
• materiality
• disclosure