Corporate Accounting & Reporting Standard Training

A comprehensive training curriculum on the Corporate Accounting and Reporting Standard, including the principles, boundaries, emissions calculation, and reporting.

• corporate accounting
• reporting standard
• training curriculum
• greenhouse gas protocol

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1. A Corporate Accounting and Reporting Standard Training Curriculum A Corporate Accounting and Reporting Standard

2. What is the Greenhouse Gas Protocol? A Corporate Accounting and Reporting Standard

3. Introduction The Greenhouse Gas Protocol Principles The Greenhouse Gas Protocol was launched in 1998 by Organizational Boundaries Operational Boundaries Over time Tracking Multi-stakeholder partnership of businesses, NGOs, governments and others Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

4. Introduction Our mission Principles Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

5. Introduction Our goals Principles Simplify and reduce the burden of measurement and reporting Illuminate reduction opportunities and enable market based options Support management action and stakeholder reporting Enable credible, transparent and consistent information flow across multiple borders/jurisdictions Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

6. Introduction GHG Protocol Principles Standards: 6 Major Standards + 7 Sector Standards Organizational Boundaries Tools: 25 + Operational Boundaries Tool downloads: 1000 + per month Over time Tracking Newsletter subscribers: 9,500 + Calculating Emissions Registered website users: 55,000 + Reporting Programs based on GHGP: 50 + worldwide Review A Corporate Accounting and Reporting Standard

7. Introduction GHG Protocol flagship publications Principles Organizational Entity Product Project Boundaries Operational Boundaries Over time Tracking Calculating Emissions Value Chain (scope 3) Standard Corporate Standard Project Protocol Product Reporting Review A Corporate Accounting and Reporting Standard

8. Introduction Three types of GHG accounting Principles 1. Entity accounting 2. Project accounting Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Combines emissions data from across an entity s operations (emissions have mostly already occurred) Emissions data compared with those of a prior base year Quantifies emissions that will be avoided by a given project in the future Impact estimated through a comparison with a baseline, what if? scenario Reporting Review A Corporate Accounting and Reporting Standard

9. Introduction Three types of GHG accounting Principles Organizational Boundaries 3. Product accounting Operational Boundaries Combines emissions data (past and future) from all phases of an individual product or service Emissions data compared with those of a prior base year Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

10. Introduction GHG Protocol flagship publications Principles Organizational Entity Product Project Boundaries Operational Boundaries Over time Tracking Calculating Emissions Corporate Standard Reporting Review A Corporate Accounting and Reporting Standard

11. Introduction Scopes in corporate reporting Principles Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

12. Introduction The standards are complimentary Principles Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

13. Introduction Lesson 1 A Corporate Accounting and Reporting Standard

14. Introduction Corporate Standard: Lesson Modules Principles 2. GHG Accounting and Reporting Principles Organizational Boundaries 3. Setting Organizational Boundaries Operational Boundaries 4. Setting Operational Boundaries 5. Tracking Emissions Over Time over time Tracking 6. Identifying and Calculating Emissions Calculating Emissions 7. Reporting GHG Emissions Reporting 8. Review Review A Corporate Accounting and Reporting Standard

15. Introduction Learning Objectives Principles In this lesson, you will learn: Organizational Boundaries How and why the GHG Protocol Corporate Standard was developed Operational Boundaries What the Standard should (and should not) be used for Over time Tracking How a GHG inventory can bring value to a business Calculating Emissions How the Standard interacts with GHG programs Reporting Review A Corporate Accounting and Reporting Standard

16. Introduction GHGP Corporate Standard Principles Provides standards and guidance for companies and other organizations to prepare GHG emissions inventories Organizational Boundaries Operational Boundaries Widespread adoption of standard: Several year, multi-stakeholder development process Robust, practical and built on practitioner expertise Over time Tracking Covers accounting and reporting of 7 GHGs: Carbon dioxide (CO2) Methane (CH4) Nitrous oxide (N2O) Nitrogen triflouride (NF3) Calculating Emissions Hydrofluorocarbons (HFCs) Perfluorocarbons (PFCs) Sulphur hexafluoride (SF6) Reporting Review A Corporate Accounting and Reporting Standard

17. Introduction Objectives of the Standard Principles To help companies prepare a true, fair account of emissions Organizational Boundaries To simplify and reduce the costs of compiling an inventory Operational Boundaries To assist businesses in managing and reducing emissions Over time Tracking To facilitate participation in GHG programs Calculating Emissions To increase consistency and transparency in GHG accounting and reporting Reporting Review A Corporate Accounting and Reporting Standard

18. Introduction Who should use this standard? Principles Businesses developing GHG inventories (primary users) Organizational Boundaries Other organizations developing inventories Non-governmental organizations (NGOs) Government agencies (consult Public Sector Protocol) Universities Operational Boundaries Over time Tracking Organizations designing voluntary GHG accounting and reporting programs Calculating Emissions Reporting Policymakers or regulators designing GHG reporting rules Review A Corporate Accounting and Reporting Standard

19. Introduction Sector Guidelines Principles Focus on sectors that Present unique GHG accounting issues that are not adequately addressed in the parent Standard Contribute significantly to global emissions Offer significant potential for emissions reductions Demonstrate strong demand for new guidance Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

20. Introduction Sector Guidelines Principles Corporate Standard Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

21. Introduction Focus of this training Principles Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

22. Introduction The Corporate Standard: Adoption Principles Organizational The Canadian GHG Challenge Registry Boundaries European Union GHG Emission Trading System (EU ETS) Operational Boundaries US EO 13515 China iCET Climate and Energy Registry US EPA Climate Leaders Japan s Voluntary Emissions Trading Scheme (JVETS) Over time Tracking The Climate Registry South Korea s GHG Emission Information System (GEIS) Israel GHG Program Calculating Emissions Australia GHG Challenge Plus Program GHG Brazil Program Reporting New Zealand CarboN Zero Programme Review A Corporate Accounting and Reporting Standard

23. Introduction The de facto standard amongst businesses Principles Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions GHG Protocol - Most important climate program after Kyoto Protocol (2010 GHG Workforce Survey) Fast Company called WRI the de facto authority on corporate sustainability reporting standards . Reporting Review A Corporate Accounting and Reporting Standard

24. Introduction Reporting - Common practice in Leading Companies Principles GHGP adopted by 60%+ of Fortune 500 companies Organizational Boundaries Operational Boundaries Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

25. Introduction Business goals for developing inventories Principles Business goal Description Exposure to GHG regulations Organizational Boundaries Understand operational risks and opportunities Enhanced market opportunities (e.g., access niche markets) Operational Boundaries Guide investment and procurement decisions Identify emissions hot spots and reduction opportunities Track and reduce emissions Over time Tracking Set GHG reduction targets Measure and report GHG performance over time Calculating Emissions Develop performance benchmarks and assess performance peers Reporting Review A Corporate Accounting and Reporting Standard GHG Protocol Agriculture Workshop 04/05/2012 www.ghgprotocol.org

26. Introduction Business goals for developing inventories Principles Business goal Description Meet information needs of stakeholders Organizational Boundaries Report to stakeholders Participate in voluntary reporting programs Operational Boundaries Report to government reporting programs Improve corporate reputation and accountability Over time Tracking Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard GHG Protocol Agriculture Workshop 04/05/2012 www.ghgprotocol.org

27. Introduction Principles Standard NOT for Organizational Boundaries Quantifying reductions from GHG mitigation projects (offsets) Consult the GHG Protocol guidance for Project Accounting Operational Boundaries Over time Tracking Accounting for life-cycle emissions from products Consult GHG Protocol Product Life Cycle Standard Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard

28. Introduction GHG Protocol s Relationship to other GHG Programs Principles Not a reporting program (does not collect inventories) Organizational Boundaries Does not require verification Operational Boundaries Not designed for a particular program or policy Over time Tracking Foundation for, and compatible with, most programs Calculating Emissions If participating in a GHG program, check its requirements Reporting Review A Corporate Accounting and Reporting Standard

29. Introduction Summary Principles The Corporate Standard provides standards and guidance for preparing GHG emissions inventories Organizational Boundaries Operational Boundaries The Standard is primarily used by businesses; also used by other organizations and policymakers Over time Tracking Emissions inventories bring value to business Calculating Emissions The Standard is compatible with many GHG programs and policies Reporting Review A Corporate Accounting and Reporting Standard

30. Introduction Further Reading Principles Organizational Boundaries Operational Boundaries The Greenhouse Gas Protocol: A Corporate Accounting & Reporting Standard Over time Tracking Introduction Calculating Emissions Reporting Review A Corporate Accounting and Reporting Standard