This document relies on ÍST EN ISO 14064 series of standards and further specifies principles, requirements, and guidelines at the organizational level for the quantification and reporting of GHG emissions and removals, emission reductions, and compensating and further offsetting unavoidable emissions. (Shown in Figure 1) It includes requirements for the design, development, management, and reporting of an organization’s GHG inventory as well as mitigation actions according to ÍST EN ISO 14064-1. Furthermore, principles and requirements not established in ÍST EN ISO 14064-1, for the purpose of this TS, are set forth in these Special Criteria and outlined in section 5.2, along with requirements for validation and verification according to ÍST EN ISO 14064-3.
This document further specifies principles and requirements for GHG projects intended to generate additional GHG emission reductions or removal enhancements for the purpose of issuing carbon credits that can be used by organizations to support claims for carbon offsetting. It relies on requirements established in ÍST EN ISO 14064-2 for planning a GHG project, identifying and selecting GHG sources, sinks and reservoirs (SSRs) relevant to the project and baseline scenario, monitoring, quantifying, documenting, and reporting GHG project performance and managing data quality, apply to GHG projects. Principles and requirements not established in ÍST EN ISO 14064-2 are set forth in these Special Criteria and outlined in section 5.3, along with requirements for validation and verification according to ÍST EN ISO 14064-3.