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Greenhouse Gas Accounting

Greenhouse Gas Accounting 

At Climate Balanced, we help organizations take control of their climate impact through globally aligned GHG accounting, life cycle analysis, and product-level climate declarations. Whether you're pursuing corporate climate goals, responding to value chain pressure, or preparing for disclosure under emerging regulations, our services are built on technical rigor and standard alignment.

 

What We Offer?

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GHG Emissions Accounting

We provide precise, standards-based carbon accounting for businesses of all sizes and sectors. Our work follows internationally recognized frameworks including:

  • ISO 14064-1 for organizational-level greenhouse gas inventories
  • GHG Protocol (Corporate Standard, Scope 3 Standard, and Product Life Cycle Standard)
  • ISO 14067 for product carbon footprint assessments
  • Environmental Product Declaration (EPD) system based on EN 15804 and ISO 14025

Our services help you:

  • Measure direct and indirect emissions
  • Set a baseline for climate targets (e.g. net-zero, SBTi)
  • Comply with reporting obligations or buyer expectations
  • Inform your ESG reporting or LCA efforts

We support full-scope GHG accounting:

  • Scope 1: Direct emissions from owned or controlled sources (e.g. fuel combustion, industrial processes)
  • Scope 2: Indirect emissions from purchased electricity, steam, heating and cooling
  • Scope 3: All other indirect emissions across the value chain — including upstream and downstream transportation, purchased goods, employee commuting, and use of sold products
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Accounting Boundaries & Organizational Customization

We tailor our GHG accounting systems based on your operational and reporting boundaries:

  • Organizational Boundary: Equity share or operational control approach for corporate-wide inventories
  • Facility-Level / Installation-Based: Site-specific emissions tracking for factories, offices, warehouses, or energy plants
  • Product or Service-Level: Lifecycle emissions for goods and services, enabling carbon labeling, product footprinting, or compliance with ecolabel standards
  • Value Chain / Portfolio-Based: Multi-entity or investment portfolios for financial institutions or holding companies

This flexibility ensures you receive a climate accounting system aligned with your actual operations and decision-making needs.

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LCA & Product Carbon Footprinting

We conduct full Life Cycle Assessments (LCA) to evaluate the environmental impact of products and processes — from raw material extraction to disposal.

We apply:

  • ISO 14040/14044 for life cycle assessment methodology
  • ISO 14067 for product-level carbon footprinting
  • EPD Program Requirements (e.g. International EPD® System) for verified environmental declarations

LCA and carbon footprint results can be used to:

  • Disclose emissions through Environmental Product Declarations (EPDs)
  • Support green procurement and ecolabel compliance
  • Communicate with customers or regulators transparently
  • Identify emissions hotspots for design and supply chain improvement

Why Climate Balanced?

  • Standard-Driven: All our calculations adhere to globally recognized methodologies (GHG Protocol, ISO 14064, ISO 14067, EPD, TCFD, etc.)
  • Multi-Scope Expertise: We cover Scopes 1, 2, and 3 with a practical understanding of data sourcing, allocation, and estimation methods
  • Sector-Specific Know-How: Our consultants have completed emissions and LCA studies across energy, industry, waste, transport, manufacturing, and agriculture
  • Modular & Scalable: We design accounting systems for one product or an entire multinational organization
  • Linked to Strategy: We integrate GHG inventories with ESG disclosures, climate targets, and offsetting roadmaps when needed
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Who Should Work With Us?

  • Corporates seeking to understand or reduce their carbon footprint
  • Manufacturers needing LCA or EPDs for supply chain and procurement requirements
  • Exporters preparing for CBAM or EU Green Deal readiness
  • Brands seeking transparent climate disclosure to align with SBTi or climate-neutral labeling
  • Investors and holding companies looking to consolidate GHG data across diverse assets
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Total Contribution Of Industry To Co2 Emissions

Let’s Account for Good 

If you're looking to calculate your emissions, build a product footprint, or publish a verified environmental declaration — our team is here to help.

Contact us by completing  our project intake form to begin your carbon accounting journey:

 

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