PRODUCT

ISO 14067: regulates the definition of the Carbon Footprint of Product (CFP) or climate footprint of product. It is the quantification of greenhouse gas (GHG) emissions related to the entire life cycle of a product and it is expressed in terms of CO2e. It is therefore based on the Life Cycle Assessment (LCA), taking into account the single impact category “global warming”

ORGANISATION

ISO 14064-1: regulates the implementation of GHG inventories of organisations, which require as minimum the development of a balance of GHG emissions and of GHG energy indirect ones. The ISO 14064-1 allows also the extension of the quantification, on a voluntary and discretionary basis of the organisation, to other indirect emissions, such as those for employee transport or goods logistics.

EU ETS: The Emission Trading Scheme (ETS) developed by the European Union is the first international “cap and trade” market for the exchange of GHG emissions shares produced by companies. The ETS Directive 2003/87/EC and subsequent modifications and additions, establishes the obligation to monitor, notify and return annual CO2 emission shares for installations falling within the scope of application.