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Revision to petroleum industry guidelines on GHG reporting released

The second edition of the IPIECA, API and OGP Petroleum industry guidelines for reporting greenhouse gas emissions has been realeased. It is available both online from the Library, and in print format.

Recognizing the need to update the Guidelines to reflect changing practices, IPIECA and API jointly initiated the development of this second edition of the Guidelines to continue to promote credible, consistent and reliable greenhouse gas (GHG) accounting and reporting practices from oil and gas operations. As with the original, these guidelines are based on the WRI/WBCSD GHG Protocol, but add (and occasionally differ) by providing oil and gas industry-specific guidance.

The new edition holds significantly revised chapters on setting boundaries (including discussion of financial control and clearer reference to Scope 1, 2, and 3 emissions) and the evaluation of industry GHG emissions, including uncertainty. There are also revisions to discussions around reporting emissions over time, de minimis emissions, and normalization. The revised Guidelines are consistent with the approaches described in the revised IPIECA/API/OGP publication Oil and gas industry guidance on voluntary sustainability reporting.

All oil and gas companies are encouraged to use the revised Guidelines as they communicate GHG performance both inside their companies and to the outside world.

If you wish to obtain a printed copy, please contact the Climate Change Project Manager, Robert Siveter -robert.siveter@ipieca.org.