GHG (Greenhouse Gas) accounting is a method used to quantify and report the amount of greenhouse gases emitted by an organization, activity, or product. It typically involves identifying emission sources, collecting activity data (e.g., fuel consumption, electricity usage), applying emission factors to convert activity data into GHG emissions, and aggregating emissions to produce a GHG inventory or footprint. Common uses include corporate sustainability reporting, carbon footprinting of products and services, compliance with regulatory requirements (e.g., emissions trading schemes), and identifying opportunities for emissions reduction.
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