{"id":27840,"date":"2024-05-30T19:00:11","date_gmt":"2024-05-30T17:00:11","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=27840"},"modified":"2024-05-30T19:00:38","modified_gmt":"2024-05-30T17:00:38","slug":"the-use-of-the-ghg-protocol-as-part-of-the-ifrs-s2-issb-standard-allows-for-the-wide-adoption-of-a-common-standard-for-reporting-on-greenhouse-gases","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/05\/30\/the-use-of-the-ghg-protocol-as-part-of-the-ifrs-s2-issb-standard-allows-for-the-wide-adoption-of-a-common-standard-for-reporting-on-greenhouse-gases\/","title":{"rendered":"The use of the GHG protocol within the IFRS S2 ISSB standard enables the widespread adoption of a common standard for accounting for greenhouse gases"},"content":{"rendered":"<p><span lang=\"EN-US\">The Greenhouse Gas Protocol (GHG Protocol), initiated in 1998, was created to create a common framework for organizations that will be responsible for greenhouse gas emissions arising from their operations. Two and a half decades later, the GHG Protocol\u00a0<\/span><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/ghgprotocol.org\/corporate-standard\" target=\"_blank\" rel=\"noopener\"><em><span lang=\"EN-US\">Corporate Accounting and Reporting Standard<\/span><\/em><\/a><\/span><em><span lang=\"EN-US\">\u00a0,<\/span><\/em><span lang=\"EN-US\">\u00a0first published in 2001 and revised in 2004, it has become the most widely used GHG accounting standard worldwide. Creation\u00a0<\/span><a href=\"https:\/\/www.ifrs.org\/groups\/international-sustainability-standards-board\/\" target=\"_blank\" rel=\"noopener\"><span lang=\"EN-US\">Councils for International Sustainability Standards<\/span><\/a><span lang=\"EN-US\">\u00a0(ISSB) by the IFRS Foundation in 2021 led to the release in June 2023\u00a0<\/span><a href=\"https:\/\/www.ifrs.org\/issued-standards\/ifrs-sustainability-standards-navigator\/ifrs-s1-general-requirements\/\" target=\"_blank\" rel=\"noopener\"><span lang=\"EN-US\">IFRS <span style=\"color: #0000ff;\">S1<\/span><\/span><\/a><span lang=\"EN-US\">\u00a0,\u00a0<\/span><em><span lang=\"EN-US\">General requirements for disclosure of financial information related to sustainability<\/span><\/em><span lang=\"EN-US\">\u00a0a\u00a0<\/span><a href=\"https:\/\/www.ifrs.org\/issued-standards\/ifrs-sustainability-standards-navigator\/ifrs-s2-climate-related-disclosures\/\" target=\"_blank\" rel=\"noopener\"><span lang=\"EN-US\">IFRS S2<\/span><\/a><span lang=\"EN-US\">\u00a0,\u00a0<\/span><em><span lang=\"EN-US\">Disclosure of climate information<\/span><\/em><span lang=\"EN-US\">\u00a0. A key aspect of IFRS S2 is the requirement that companies measure their greenhouse gas emissions in accordance with the Greenhouse Gas Protocol, unless otherwise specified by a competent authority or stock exchange.\u00a0<\/span><span lang=\"EN-US\">Alignment means that companies that already measure GHG emissions in scopes 1, 2 and 3 using the corporate standard (2004) and\u00a0<\/span><a href=\"https:\/\/ghgprotocol.org\/corporate-value-chain-scope-3-standard\" target=\"_blank\" rel=\"noopener\"><em><span lang=\"EN-US\"><span style=\"color: #0000ff;\">standards<\/span> of the corporate value chain (Scope 3) (2011)<\/span><\/em><\/a><span lang=\"EN-US\"> (scope standard 3 (2011)), will be well placed to measure greenhouse gas emissions. in accordance with IFRS S2. (<em><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">More on<\/span> <a href=\"https:\/\/ghgprotocol.org\/blog\/ghg-protocol-use-within-issbs-ifrs-s2-standard-enables-widespread-adoption-common-standard-ghg?apcid=0065e0dd49e8f7ab7a467203\" target=\"_blank\" rel=\"noopener\">ghgprotocol.org<\/a>)<\/span><\/em><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The Greenhouse Gas Protocol (GHG Protocol), initiated in 1998, was created to provide a common framework for organizations to account for the greenhouse gas emissions generated by their operations. Two and a half decades later, the GHG Protocol Corporate Accounting and Reporting Standard, first published in 2001 and revised in 2004, has become the most widely used global [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-27840","post","type-post","status-publish","format-standard","hentry","category-lca_esg_ghg_csddd_csrd_iso_flr"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=27840"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27840\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=27840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=27840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=27840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}