Documentation related to Climate Hub

GHG Protocol – Corporate Standard

When you start calculating your organization's CO2 footprint, follow the Corporate Standard of the Greenhouse Gas (GHG) Protocol. This document is the main source of accounting principles, rules, and definitions. It also contains many useful examples and best practices. The document is particularly useful for the following steps:

• Determining the organizational boundary of your footprint (see chapter 3)
• Determining the operational boundary of your footprint (see chapter 4)

GHG Protocol – Technical guidance Scope 2

This document elaborates on accounting and reporting requirements related to Scope 2 emissions. The guidelines in this document supplement the GHG Corporate Standard. Particularly important are the following sections:

• How to deal with Scope 2 emissions when you partly purchase electricity and partly generate it yourself (p.37-39)
• The difference between ‘market-based’ and ‘location-based’ within Scope 2 (p.25-27)

GHG Protocol - Technical guidance Scope 3

The purpose of this document is to provide a step-by-step approach to cost-effectively understand the impact of your Scope 3 emissions, support consistent and transparent reporting, and develop effective reduction measures. The guidelines in this document supplement the GHG Corporate Standard. The document is particularly useful for the following aspects of calculating your Scope 3 footprint:

• Identifying Scope 3 emissions (see chapter 5)
• Defining the Scope 3 boundary (see chapter 6)
• Collecting Scope 3 data (see chapter 7)

Emission Reduction Template

This template provides a structure for creating a reduction roadmap. The file consists of three tabs:

• Tab 1: the template
• Tab 2: an example of a completed template
• Tab 3: examples of reduction measures

A good reduction plan is concrete and complete. Ideally, the total CO2 reduction equals your CO2 reduction target. You can also use this template to prioritize reduction measures.

SBTi – Net-Zero Standard

This document provides guidelines, criteria, and recommendations for organizations that need to set science-based Net-Zero targets. The main elements of the Net-Zero Standard are:

1. Setting short-term SBTs: These are reduction targets for 5–10 years from now, which are in line with a maximum warming of 1.5°C
2. Setting long-term SBTs: These are reduction targets to bring emissions in line with the 1.5°C maximum warming scenario by 2050 at the latest.
3. Mitigation beyond the value chain: In the transition to net-zero, organizations must take action to reduce emissions outside their value chains, for example, by purchasing high-quality REDD+ credits or investing in geological or atmospheric carbon storage.
4. Neutralizing residual emissions: Greenhouse gases released into the atmosphere when an organization has achieved its long-term SBTs must be offset by permanent removal and storage of greenhouse gases from the atmosphere.

SBTi – FLAG guidance

The SBTi Forest, Land and Agriculture (FLAG) Guidance provides insights into setting science-based targets for land-intensive sectors, including land-based emission reductions and removals. The main requirements of this guideline are:

• Set short-term science-based FLAG targets
• Account for greenhouse gas removals in your short-term FLAG targets
• Set long-term science-based FLAG targets
• By 2030 at the latest, you must have set a “zero deforestation” target
• Set science-based targets for phasing out fossil emissions

See here a useful calculation tool for mapping your scope 1-2-3 CO2 emissions from our partner ERM.