The GHG Protocol, which was established in 1998, is the global standard framework for measuring and managing greenhouse gas emissions (GHG) from both private and public sector operations, value chains, and mitigation actions. The GHG Protocol was created through a partnership between the World Resources Institute and the World Business Council for Sustainable Development, with the goal of developing accounting standards, tools, and training to help businesses measure and manage their climate-warming emissions. The GHG Protocol provides guidelines and requirements for companies to prepare an inventory of their greenhouse gas emissions, including the calculation of their corporate carbon footprint. Overall, the GHG Protocol is an essential tool for companies to better understand and manage their greenhouse gas emissions, ultimately contributing to the global effort to combat climate change.
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