ISO 14064-1 Specifications and Guidelines for the Quantification and Reporting of Greenhouse Gas Emissions and Removals
ISO 14064-1 is an international standard developed by the International Organization for Standardization (ISO) for greenhouse gas (GHG) accounting and reporting, applicable at the organizational level. This standard provides a framework for businesses and organizations to identify, quantify, monitor, report, and manage greenhouse gas emissions and removal, aiming to help organizations address climate change risks and meet regulatory, market, and stakeholder requirements.
ISO 14064-1 is commonly used as a foundational standard for carbon footprint management, carbon disclosure, and carbon neutrality actions, and is widely applied in industries such as energy, manufacturing, transportation, finance, and public utilities.
Compliance and Policy Response: Meet the requirements of national carbon emission regulations, carbon market trading, and dual-carbon strategy.
Market and investment advantages: Enhance enterprises’ competitiveness in green finance, green supply chains and international trade.
Risk management: Identify and reduce policy risks, reputational risks, and market risks related to carbon emissions.
Cost optimization: Discover energy conservation and emission reduction potential through data analysis to reduce energy consumption and operating costs.
Supporting carbon neutrality targets: serving as an important basis for developing a carbon neutrality roadmap and verifying the effectiveness of emission reductions.
Core Content
1. Framework Standards
It provides a unified method for greenhouse gas accounting, covering seven major greenhouse gases: carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorinated carbon, sulphur hexafluoride, and nitrogen trifluoride.
It is compatible with internationally accepted frameworks (such as the GHG Protocol and IPCC guidelines) and supports the alignment of domestic and international carbon markets and policies.
2. Scope of Application
It is suitable for organizations of any type and size, including businesses, government agencies, and non-profit organizations.
It is suitable for high-carbon industries such as manufacturing, energy, construction, agriculture, and transportation, and is also suitable for service industries and supply chain management.
3. Core Elements
Boundary setting: Determine the scope of the organization’s accounting, including the organizational boundary (holding/operation) and the operational boundary (direct emissions and indirect emissions).
Emissions and Cleanup Identification: Identify direct greenhouse gas emissions from business activities (Scope 1), indirect emissions such as electricity and heat purchases (Scope 2), and emissions from the supply chain and upstream and downstream (Scope 3).
Data collection and calculation methods: Greenhouse gas emissions are quantified using the activity data × emission factor method. Data must be traceable, verifiable, and uncertainty analysis must be performed.
Quality Management and Verification Preparation: Establish a data management system to ensure completeness, consistency, accuracy, and transparency.
Reporting and Disclosure: Greenhouse gas reports are prepared in accordance with ISO 14064-1 requirements and can be used for public disclosure, carbon trading, and ESG information disclosure.
Authentication Process
1. Preliminary Preparations and Gap Analysis
Define organizational boundaries and emission scope and review the status of carbon emission management.
2. Data Collection and Accounting
Establish an emissions inventory, collect activity data, and calculate emissions.
Confirm that the emission factors and calculation methods comply with ISO 14064-1 requirements.
3. Greenhouse Gas Reporting
Prepare accounting and disclosure reports in accordance with standard requirements.
4. Internal Audit and Improvement
Conduct internal audits to ensure data integrity and reporting compliance.
5. Third-party verification (optional)
We commissioned an independent third-party verification agency to conduct the verification and obtain an authoritative verification statement.
6. Continuous Improvement and Management Review
Ensure the continuous optimization of the carbon management system through annual updates and management reviews.
SUSTECH's Services
As an innovative technology service company, we can provide clients with the following differentiated services, combining our technological advantages to solve their problems, in the process of establishing, implementing, and continuously improving the standards and guidelines for the quantification and reporting of greenhouse gas emissions and removal in ISO 14064-1.
1. Carbon emission accounting and data management
Provide carbon emission accounting methods and tools that conform to ISO 14064-1 standards.
By leveraging IoT sensors, big data, and AI models, we can achieve real-time monitoring and analysis of energy consumption and carbon emissions.
2. Greenhouse Gas Reporting and Compliance Support
Assist companies in preparing greenhouse gas reports that comply with ISO 14064-1.
Provide compliance consulting services that align with China’s “dual carbon” strategy and the international carbon market.
3. Third-party verification guidance
We offer simulated verification before third-party validation to help companies identify problems in advance and improve the first-time pass rate.
4. Training and Capacity Building
We offer training courses on carbon management, carbon accounting, and carbon disclosure.
Develop internal carbon management teams and internal auditors within the company.
5. Value-added services
Combine ISO 14064-1 reporting with ESG disclosure, carbon footprint certification (ISO 14067), and carbon neutrality declaration.
We assist clients in connecting with carbon trading platforms and green finance products to convert emission reductions into economic value.
SUSTECH
SUSTECH is an innovative technology service company with artificial intelligence, big data, and blockchain at its core. We specialize in ESG (Environmental, Social, and Governance) testing, certification, and compliance management, helping companies achieve their sustainable development goals. Through digital and intelligent means, we are redefining the testing and certification industry, making ESG compliance more transparent, efficient, and credible.
Core Advantage: Technology-enabled ESG Compliance
Intelligent ESG Data Acquisition and Analysis
- IoT Environmental Monitoring: Real-time collection of data on enterprise carbon emissions, wastewater discharge, energy consumption, etc., and automatic generation of ESG reports.
- AI carbon footprint calculation: Based on supply chain data, it accurately calculates the carbon footprint of a product throughout its entire lifecycle, in accordance with international standards such as ISO 14064 and GHG Protocol.
ESG Certification and Rating Optimization
- Automated compliance checks: AI compares data against global ESG standards (such as GRI, SASB, TCFD) to identify ESG risks for enterprises and provide improvement suggestions.
- ESG Rating Enhancement Solution: Combining industry best practices, we develop actionable ESG optimization strategies to help companies improve their ESG ratings from MSCI, S&P, and other ranking bodies.
Blockchain-based Evidence Storage and Transparent Traceability
- Tamper-proof ESG reports: All test data is stored on the blockchain to ensure traceability and auditability, enhancing the trust of investors and regulators.
- Supply chain ESG penetration management: Tracking supplier ESG performance to ensure compliance with the requirements of major international manufacturers.
