BalanceCarbon^® administers a range of carbon labels, which clearly identify corporations, products, projects and events that demonstrate a real and transparent approach to climate change action and corporate social responsibility.

Periodic audits of the inventory boundaries, emissions activity data, and progress towards objectives established in the base year Emissions Management Plan are required to maintain BalanceCarbon^® registration. Periodic audits ensure that all registered corporations, products, projects, and events continue to meet best practice carbon accounting and reporting in line with the following basic principles:-

1. Relevance - Ensure the GHG inventory appropriately reflects the GHG emissions of the company and serves the decision making needs of the users- both internal and external to the company
   
   
2. Completeness - Account for and report on all GHG emission sources and activities within the chosen inventory boundary. Disclose and justify any exclusions
   
   
3. Consistency - Use consistent methodologies to allow for meaningful comparisons of emissions over time and between industry sectors. Transparently document any changes to the data, inventory boundary, methods, or any other factors in the time series
   
   
4. Transparency - Emission estimates must be unambiguous and explicit
   
   
5. Accuracy - Ensure that the quantification of GHG emissions is systematically neither over nor under estimates actual emissions, as far as can be judged, and that uncertainties are reduced as far as practicable. Achieve sufficient accuracy to enable users to make decisions with reasonable assurance as to the integrity of the reported information

BalanceCarbon^® utilises National and International legislation, standards and guidelines for all Greenhouse gas emission accounting and reporting. These include:-

• Australian Government Department of Climate Change (2009) National Carbon Offset Standard, Commonwealth of Australia
  
  
• Australian Government Department of Climate Change (2008) National Greenhouse & Energy Reporting (Measurement) Technical Guidelines 2008 v1.1, Commonwealth of Australia
  
  
• Australian Government Department of Climate Change (2009) National Greenhouse Accounts (NGA) Factors, Commonwealth of Australia, June 2009
  
  
• World Business Council for Sustainable Development & World Resource Institute (2001) The Greenhouse Gas Protocol - A Corporate Accounting & Reporting Standard, Revised Edition
  
  
• PAS 2050:2008; Specification for the assessment of the life cycle greenhouse gas emissions of goods and services; British Standard
  
  
• Intergovernmental Panel on Climate Change (IPCC) (2000) Good Practice Guidance and Uncertainty Management in National Greenhouse Gas Inventories.
  
  
• ISO14040:2006 Environmental management -- Life cycle assessment -- Principles and framework
  
  
• ISO14044:2006 Environmental management -- Life cycle assessment -- Requirements and guidelines
  
  
• ISO14064-1:2006 Greenhouse gases -- Part 1: Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals

Please see the business, product, project and event sections for further information. Or contact us.