ISO 14064 specifies principles and requirements at the organization level for quantification and reporting of greenhouse gas (GHG) emissions and removals. It includes requirements for the design, development, management, reporting and verification of an organization’s GHG inventory. In parallel with the emergence of regulated or mandatory schemes relating to monitoring, reporting and verification of Greenhouse Gases (GHG), organizations outside of mandatory or regulated schemes such as the EU Emission Trading scheme or the UN CDM mechanism schemes also wish to monitor and report their emissions (commonly referred to as the organization’s carbon footprint). In order to demonstrate their corporate social responsibility (CSR) credentials.
Fig: Relationship between PDCA and the framework of this International Standard