SUSTAINABILITYISO 14064-1 & ISO 14064-3 Accredited Body

Greenhouse Gases (GHG)

Accredited Corporate Carbon Accounting, Scope 1-3 Verification & Net-Zero Assurance
Greenhouse Gases (GHG) - GICG Sustainability Verification
Verification & Assurance (VA) Services • Independent Third-Party Opinion
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Overview

Corporate Greenhouse Gas Inventories & Climate Disclosure Assurance

Corporate climate transparency is no longer voluntary. With national mandatory climate disclosures, stock exchange ESG listing rules (SGX, Bursa, HKEX, SEC), and Science Based Targets initiative (SBTi), enterprises must deliver audited Scope 1, 2, and 3 emissions data.

GICG operates as an accredited GHG validation and verification body under ISO 14065 and ISO 14064-3. We provide both limited and reasonable assurance opinions on corporate carbon reports, CDP submissions, and net-zero roadmaps.

We provide defensible, auditor-grade climate assurance that satisfies institutional investors, regulators, and rating agencies.

Benefits

01

Stock Exchange ESG Compliance

Fulfill mandatory annual sustainability report assurance mandates across international stock exchanges.

02

Higher CDP & S&P ESG Scores

Earn maximum points in CDP Climate and S&P Corporate Sustainability Assessment through third-party verified GHG data.

03

Bankable Decarbonization Roadmap

Unlock green loans and sustainability-linked financing with verified emissions reduction baselines.

Related Standards & Verification Schemes

3 Schemes Available
ISO 14064-1:2018

Corporate GHG Inventory (Scope 1, 2, 3)

ISO 14064-1:2018 / GHG Protocol Corporate Standard
Corporate Carbon

Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals.

Core Assessment Scope:
Category 1: Direct emissions (combustion, process, fugitive)
Category 2: Indirect emissions from imported energy
Category 3-6: Comprehensive Scope 3 upstream and downstream value chain
Base year recalculation policy & historical baseline audit
Deliverable:ISO 14064-1 Organizational Greenhouse Gas Verification Statement
ISO 14064-3:2019

Independent Verification & Assurance

ISO 14064-3:2019 / ISAE 3410
Third-Party Assurance

Comprehensive audit procedures providing Limited Assurance or Reasonable Assurance opinions on GHG assertions and sustainability disclosures.

Core Assessment Scope:
Evidence gathering plan & risk-based analytical procedures
Sampling of facility utility bills, CEMS, fuel vouchers & invoices
Internal control environment & carbon accounting software review
Materiality threshold evaluation (typically 5% materiality)
Deliverable:Formal Independent Assurance Opinion Letter (Limited or Reasonable)
ISO 14064-2

Project-Level GHG Emission Reductions

ISO 14064-2:2019 / Verified Carbon Standards
Carbon Credit Validation

Validation and verification of greenhouse gas mitigation projects, renewable installations, and nature-based carbon avoidance projects.

Core Assessment Scope:
Baseline scenario selection & additionality justification
Monitoring plan design and instrumentation accuracy checks
Quantification of net GHG reductions & leakages
Periodic vintage verification for carbon credit issuance
Deliverable:GICG Project Validation and Periodic Verification Audit Report

Assurance Methodology & Execution Workflow

PHASE 01

Strategic Pre-Audit & Risk Assessment

Examine organizational boundaries (operational vs financial control), materiality threshold, and source categorization.

PHASE 02

Evidence Gathering & Site Sampling

Inspect headquarters, manufacturing plants, and distribution centers. Sample raw fuel records, utility meters, and waste logs.

PHASE 03

Independent Recalculation & Model Review

Cross-verify emission factors (IPCC, IEA, DEFRA, eGRID) against company calculations and test internal controls.

PHASE 04

Technical Peer Review & Opinion Sign-Off

Independent Technical Reviewer signs off on assurance findings, issuing the final verification opinion and management letter.

Applicable Industry Sectors

Banking & Asset Management (Financed Emissions)Energy, Oil & Gas UtilitiesReal Estate & Commercial REITsTransportation, Aviation & ShippingData Centers & TelecommunicationsHealthcare & Pharmaceutical

Technical FAQs

Q:What is the difference between Limited and Reasonable Assurance?

Limited Assurance (standard for annual corporate reports) concludes that no evidence was found suggesting the data is materially misstated. Reasonable Assurance involves deeper substantive sampling, control testing, and site visits, concluding with a positive opinion that the inventory is fairly presented in all material respects.

Q:Can GICG verify Scope 3 supply chain emissions?

Yes. GICG specializes in auditing Scope 3 Categories 1 through 15, including purchased goods and services, capital goods, upstream transportation, and end-of-life treatment of sold products.

Let GICG help you to position your brand differently!

Speak to our accredited verification specialists today to design your tailored Life Cycle Assessment, Corporate GHG verification, or ethical supply chain audit program.

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