8.5 Reporting
GHG reductions as a result of internal project activities are
included in the calculation of a reporting company’s inventory. These
project-specific GHG reductions do not need to be reported separately unless the
reporting company has purchased or sold offsets or credits.
Example 8-1
Entity C is a manufacturer that generates electricity
on-site. To reduce its GHG emissions, C has undertaken a
project to generate renewable energy on-site by installing
photovoltaic panels to convert solar energy into electric
energy, which C will use in its own operations.
Entity C measures the reductions in GHG
emissions that result from the project by using a project
quantification method (see Section 8.4). These reductions are not sold
or traded as carbon credits.
Because the reductions in GHG emissions are part of C’s
operations, they are captured within C’s inventory boundary.
Since C does not sell or trade the reductions as carbon
credits, it does not need to report the reductions
separately.