The GHG Protocol for Renewable Energy Project Accounting: A Path to Sustainable Growth

The Role of Renewable Energy in Reducing GHG Emissions

Renewable energy sources like wind, solar, and hydropower produce zero greenhouse gas (GHG) emissions. As businesses increasingly purchase renewable energy, they can calculate and report their Scope 2 emissions—those associated with purchased electricity—using a zero-emissions rate. This approach helps companies significantly lower their carbon footprints while contributing to a cleaner energy grid.

What is the GHG Protocol for Project Accounting?

The GHG Protocol for Project Accounting provides clear guidelines for quantifying and reporting greenhouse gas reductions from specific projects. By following this framework, companies can measure the effectiveness of renewable energy investments, demonstrate transparency, and improve credibility in their sustainability efforts.

Why Renewable Energy Matters

For large companies, reducing energy-related emissions is often one of the most impactful ways to meet sustainability goals. Adopting renewable energy technologies can drastically cut greenhouse gas emissions while supporting global climate targets. In countries like Malaysia, where renewable energy adoption is growing, businesses have a unique opportunity to invest in green energy, create new value pools, and position themselves for a sustainable future.