ISO 14064
Introduction
With a global team of experienced auditors and technical experts, Bureau Veritas helps organisations navigate the complex regulatory landscape and meet their GHG reporting obligations under ISO 14064. A comprehensive framework, ISO 14064 provides guidelines for quantifying and reporting greenhouse gas (GHG) emissions and removals at the organizational and project levels.
Amidst the global regulatory movement around sustainability and ESG disclosures, standardized greenhouse gas (GHG) accounting and verification, aligned with globally recognized standards like ISO 14064, is essential for ensuring transparency around carbon footprints. By achieving third-party verification to ISO 14064 with Bureau Veritas, organizations can enhance stakeholder trust, meet disclosure requirements, identify emissions reduction opportunities, and demonstrate their commitment to sustainable practices.
ISO 14064-1 provides requirements and guidance for quantifying and reporting organizational GHG emissions and removals, covering GHG inventory design to verification. Bureau Veritas has offered ISO 14064-1 verification services since 2006, enabling organizations to demonstrate the robustness of their carbon footprint reporting.
ISO 14064-2 guides the quantification, monitoring, and reporting of GHG emissions reductions and removals at the project level. Bureau Veritas provides validation and verification services to ISO 14064-2, helping companies transparently plan and report on GHG reduction projects.
Sectors:
- Private and public sector organizations
- Energy and utilities
- Manufacturing
- Transportation and logistics
- Real estate and construction
- Agriculture and forestry
Geography:
- Global, with a focus on Europe, North America, and Asia-Pacific regions.
*(Carbon Tracker Initiative 2022).
Challenges
The urgency to address climate change has prompted businesses across industries to prioritize their sustainability efforts. Companies are actively implementing strategies to reduce their carbon footprint and build up on their commitment to environmental, social, and governance (ESG) principles through comprehensive disclosures.
Enhancing credibility and stakeholder trust in corporate environmental disclosures is often a critical challenge. A 2022 study by the Carbon Disclosure Project found that only 38% of companies obtained third-party verification or assurance over their reported emissions data. With independent verification, self-reported GHG emissions figures can gain credibility and instil trust within investors, regulators, and the public.
Aligning with standards like ISO 14064 and pursuing accredited third-party verification from Bureau Veritas can fortify an organization's GHG emission reduction claims and transparency while unlocking new avenues for sustainable growth and innovation.
Why Bureau Veritas?
As a global leader in testing, inspection, and certification, Bureau Veritas leverages deep industry expertise to provide independent, third-party verification of GHG emissions and carbon footprint. With a global presence and seasoned auditors, we build trust and enable clients to navigate the complex GHG accounting landscape. Backed by over 750 global GHG verifications and a team of 500+ qualified verifiers, Bureau Veritas is a trusted partner in ensuring transparency and driving sustainability.
Success story
Bureau Veritas provided comprehensive support to an urban management services company requiring precise scope 3 emissions calculations for their urban project in Spain. Leveraging our expertise in ISO 14064, our team calculated the carbon footprint across scopes 1, 2, and 3. Despite navigating scattered data and multiple stakeholders, we harnessed cutting-edge software to ensure accurate scope 3 computations. Additionally, Bureau Veritas developed a decarbonization roadmap, empowering the client's emissions reduction journey.
