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Green House Gas Accounting

Oil Refinery

Accounting for GHG Emissions and removals (Carbon Accounting) is a pre-requisite in entities’ efforts for achieving carbon neutrality targets. GHG accounting gives the true and fair account of GHG emissions of the entities. It enables entities to track and report their emissions, set emission reduction targets, meet statutory emission caps and also participate in various voluntary market mechanisms to trade their GHG emission reductions.

How Dha-ra can help?

Dha-ra streamlines GHG emissions accounting by guiding entities through a structured process (shown in the figure alongside). We support entities in collecting emissions data and generating a comprehensive GHG Inventory Statement at the end of each reporting period. Trust Dha-ra to support your sustainability goals efficiently.

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GHG Accounting Standards

Two standards are widely used for GHG accounting: the GHG Protocol Corporate Standard and ISO 14064-1.

While both standards share the same fundamental principles, they differ slightly in their reporting requirements described below:

GHG Protocol vs ISO 14064-1 Standard

Contents of a GHG Inventory statement

A GHG Inventory statement serves as a comprehensive snapshot of the gas emissions produced by the entity over a defined period of time. This statement adheres to a specific structure as outlined by the established Standards, ensuring consistency and accuracy in the reporting of emissions. By following these guidelines, the GHG Inventory provides valuable insights into the entity's environmental impact and as a crucial tool for monitoring and managing emissions effectively.

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