Chemical Sector Guidance Q&A

In order to manage and reduce greenhouse gas (GHG) emissions, companies need a consistent framework to measure and report those emissions. Internationally-recognized GHG reporting standards allow many options, in order to be relevant for all industries. That leaves a potentially wide variation in reporting practices—even for companies in the same value chain. Those inconsistencies can erode the value of reporting emissions.
This document is a guide to GHG emissions accounting and reporting for companies in the chemical sector, including the value chain of upstream and downstream activities. It builds specifically on the GHG Protocol standards, which are best practice standards developed through a global, multi-stakeholder process convened by the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI).