Eternity Law International — News — ISO 14064 Verification

ISO 14064 Verification

Published:
August 30, 2020

Floods, droughts, record temperatures – backdrop of all this, solving problem of climate changes has become one of the most pressing problems in the world. These events are one of the most important obstacles that countries, governments, businesses and humankind face in a resilient world. Thus, several applications for monitoring and mitigating fluctuations were put into operation. Work in this direction is carried out, among other things, by the International Organization for Standardization, whose specialists have recently published two thematic documents. ISO 14064 is intended to play an important role in reducing harmful emissions. Standard is still voluntary. However, BSI has observed that number of organizations showing an interest in complying with its new provisions is growing.

Basic ISO 14064 Goals

  • Lack of an international act for action against growing public interest in climate changes.
  • Establish a standard for the measurement and verification.
  • Set a technically rigorous but politically neutral standard.

The ISO 14064 series of standards are guidelines for monitoring and reducing emissions, but exact requirements are not mentioned. According to internationally recognized reporting rules, emissions of two categories are subject to measurement:

  • Direct emissions – emissions generated directly by an organization on its territory, as a result of, for example, the operation of boilers or vehicles.
  • Indirect emissions – electricity, heat or steam supplied by another company. Thus, when operating a kettle or computer, the organization does not burn fuel at the place of their use, but emissions are generated at the place of their production.

ISO 14064 – Emission Reductions Confirmation

ISO 14064 users can benefit from some of following uses:

  • corporate risk management;
  • voluntary character (e.g. participation in voluntary inventory registration or GHG reporting);
  • GHG trade (for example, the purchase or sale of GHG permits);
  • regulatory/governmental reporting (e.g. loans for previous actions, agreements or national reporting programs).

Specifications for calculation of emissions and removals at the firm level provides guidance for hazards research. This standard also presents the requirements and rules for the greenhouse gas inventories that will be generated as a result of the activity.

It provides consistency and clarity for the preparation of principles, regulations and requirements, as well as standard greenhouse gas inventories and related documents, reports and betterment methods. This act is beneficial to firms, governments, project developers and others.

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