SuSciCo - The Science of Sustainability Consulting reposted this
RSPO's PalmGHG V5: Pioneering GHG Reporting in the Palm Oil Sector The RSPO’s PalmGHG Calculator is set to revolutionize GHG emission quantification in the palm oil industry with its upcoming V5 version. Aligned with international standards like ISO 14040, ISO 14044, and the GHG Protocol, this tool enables oil palm growers to monitor emissions across their production chain, covering Scope 1, 2, and 3 emissions. RSPO has announced a pilot testing period from December 9, 2024, to January 10, 2025, with feedback submission due by January 10, 2025 Key updates in PalmGHG V5 include: - Enhanced methodologies for Land Use Change (LUC) and Palm Oil Mill Effluent (POME). - Integration with RSPO's Prisma platform for improved user experience. - Updated emission factors, default values, and a pilot testing phase (Dec 9, 2024 - Jan 10, 2025). For sustainability consultants, PalmGHG V5 signals a shift from basic GHG calculations to specialized roles in data analysis, strategy development, and emission reduction plans. New opportunities include training, data collection, and ensuring quality in GHG reporting. #GHGAccounting #PalmOil #RSPO #PalmGHG #SuSciCo https://lnkd.in/gtgZByub