Standard
GHG Protocol Product Standard
Also: Product Life Cycle Accounting and Reporting Standard · GHG Protocol Product Life Cycle Standard
The Greenhouse Gas Protocol standard for quantifying and publicly reporting the life-cycle greenhouse gas emissions of a product, published by WRI and WBCSD.
The GHG Protocol Product Life Cycle Accounting and Reporting Standard, usually called the Product Standard, was published by the World Resources Institute and the World Business Council for Sustainable Development. It provides requirements and guidance for companies quantifying and reporting the greenhouse gas inventory of an individual product.
What it requires
The standard follows the life cycle assessment framework: define the unit of analysis and reference flow, set the boundary, collect data, allocate emissions between co-products, assess uncertainty and report. It requires that biogenic and fossil emissions be reported separately and that the boundary, data sources and assumptions be disclosed.
Relationship to corporate accounting
The Product Standard complements the GHG Protocol Corporate Standard and the Scope 3 Standard. A supplier’s product footprint becomes an input to the customer’s Scope 3 category 1 (purchased goods and services) inventory, which is why consistent product-level accounting matters for corporate reporting.
Relationship to ISO 14067
The Product Standard and ISO 14067 are broadly compatible; frameworks such as PACT are designed to conform to both.
Where Verdatir fits
Verdatir’s PCF rule set covers the Product Standard’s requirements alongside ISO 14067, so a single review can evidence conformance with both.
Sources and further reading
In practice
Verdatir turns the rules behind this term into automated checks with a reviewer in the loop.
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