The non-profit is requesting feedback on its latest sustainability reporting framework, G4. The guidelines were already available for feedback until Sept. 25. However, an additional Public Comment Period is now open, through Nov. 12, for content related to anti-corruption and GHG.
G4’s GHG reporting content is designed to more closely aligns with the GHG Protocol set of standards jointly released by the World Resources Institute and the World Business Council for Sustainable Development, and the ISO 14064 standard produced by the ISO.
The draft requires companies to report their total GHG — direct and indirect emissions — in tons of CO2 equivalent.
Direct GHG includes emissions generated from electricity, heat or steam, or any other combustion process such as flaring. This category also includes physical or chemical processing and transportation of materials, products and waste.
Indirect emissions result, for example, from the generation of purchased electricity, heat or steam, employee commuting and business travel.
Additionally, under proposed G4 guidelines, companies would report their GHG reductions achieved during the reporting period.
GRI has been developing G4 since 2010. The latest version is intended to improve on content in G3 and G3.1 guidelines, with strengthened technical definitions and more clarity.