Greenhouse Gas Emissions of Energy Generated for Sale (PI7015)

This metric is intended to capture the GHG emissions of energy that organizations produce for commercial sale (that is, not for the organization's operations). Bulk energy is usually sold under a power purchase agreement with an electricity utility. The buyer or purchaser of this energy is termed the offtaker.

This metric can be reported in conjunction with Energy Generated for Sale: Total (PI8706). Organizations are also encouraged to footnote the year-over-year changes in the type(s) of energy generated for sale, along with corresponding changes to GHG emissions.

Organizations can refer to the following sources for further guidance:

• WRI Greenhouse Gas Protocol Standards (http://www.ghgprotocol.org/standards)
• International Panel on Climate Change (IPCC) emission factors (http://www.ipcc-nggip.iges.or.jp)
• Global Reporting Initiative (https://www.globalreporting.org/reporting/g4/Pages/default.aspx)
• CDM Methodologies (http://cdm.unfccc.int/methodologies/index.html)

The Greenhouse Gas Protocol (GHG Protocol) is the most widely used international accounting tool to understand, quantify, and manage greenhouse gas emissions. To the extent possible, calculations should leverage GHG Protocol guidelines and methodologies.

In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.