Standards Comparison

    GDPR

    Mandatory
    2016

    EU regulation for personal data protection and privacy

    VS

    ISO 14064

    Voluntary
    2018

    International standard for GHG quantification, reporting, and verification

    Quick Verdict

    GDPR mandates personal data protection for EU residents globally with hefty fines, while ISO 14064 provides voluntary GHG accounting standards. Companies adopt GDPR for legal compliance; ISO 14064 for credible emissions reporting and sustainability credibility.

    Data Privacy

    GDPR

    Regulation (EU) 2016/679 (GDPR)

    Cost
    €€€€
    Complexity
    Medium
    Implementation Time
    18-24 months

    Key Features

    • Extraterritorial scope applies to non-EU entities targeting EU residents
    • Accountability principle requires demonstrable compliance through records and DPIAs
    • Fines up to 4% of global annual turnover for serious violations
    • 72-hour mandatory breach notification to supervisory authorities
    • Enhanced data subject rights including erasure and portability
    Greenhouse Gas Accounting

    ISO 14064

    ISO 14064 GHG quantification and reporting standards

    Cost
    €€€
    Complexity
    High
    Implementation Time
    6-12 months

    Key Features

    • Three-part modular structure for inventories, projects, assurance
    • Five core principles: relevance, completeness, consistency, transparency, accuracy
    • Detailed organizational and operational boundary setting
    • Scopes 1-3 emissions classification and quantification
    • Risk-based validation/verification with materiality assessment

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    GDPR Details

    What It Is

    General Data Protection Regulation (GDPR), or Regulation (EU) 2016/679, is a directly applicable EU regulation protecting personal data of EU residents. It modernizes privacy laws with extraterritorial scope, applying globally to processors targeting EU subjects. Adopts a principles-based, accountability-focused approach emphasizing lawful processing and risk management.

    Key Components

    • Seven core principles: lawfulness, purpose limitation, data minimization, accuracy, storage limitation, integrity/confidentiality, accountability.
    • Data subject rights: access, rectification, erasure ("right to be forgotten"), portability, objection.
    • Obligations like DPIAs, DPO appointment, 72-hour breach notifications.
    • Enforcement via national DPAs with fines up to €20M or 4% global turnover; no formal certification but compliance demonstration required.

    Why Organizations Use It

    • Mandatory for EU data handling to avoid severe penalties.
    • Enhances risk management, builds trust, supports Digital Single Market.
    • Provides competitive edge as global "gold standard", influences worldwide laws like LGPD, CCPA.

    Implementation Overview

    • Gap analysis, policy updates, staff training, tech safeguards (encryption, pseudonymization).
    • Applies universally to organizations processing EU data, regardless of size/location.
    • Ongoing: records of processing, audits by DPAs, continuous monitoring.

    ISO 14064 Details

    What It Is

    ISO 14064 is an international standard family (ISO 14064-1:2018, -2:2019, -3:2019) providing specifications with guidance for GHG emissions quantification, reporting, and assurance. It is a voluntary framework focused on organizational inventories (Part 1), project-level reductions/removals (Part 2), and validation/verification (Part 3), using a principle-based approach emphasizing relevance, completeness, consistency, transparency, and accuracy.

    Key Components

    • **Three interdependent partsOrganizational GHG inventories, project accounting, and assurance processes.
    • **Core principlesFive unifying principles mirroring GHG Protocol.
    • Scopes 1-3 classification, boundary setting, uncertainty management.
    • **Compliance modelSelf-declaration with optional third-party verification under ISO 14064-3; no formal certification.

    Why Organizations Use It

    • Meets regulatory demands (e.g., CSRD, SB-253) and investor ESG requirements.
    • Enhances credibility for carbon markets, green finance, and supply chains.
    • Drives operational efficiencies and risk mitigation against greenwashing.

    Implementation Overview

    • **Phased approachGovernance, boundary design, data systems, verification, continuous improvement.
    • Applies to all sizes/industries; mid-large organizations typical.
    • Involves training, software, and ISO 14065-accredited verifiers. (178 words)

    Key Differences

    Scope

    GDPR
    Personal data privacy and protection
    ISO 14064
    GHG emissions quantification and reporting

    Industry

    GDPR
    All sectors processing EU data globally
    ISO 14064
    All organizations with GHG footprints worldwide

    Nature

    GDPR
    Mandatory EU regulation with fines
    ISO 14064
    Voluntary international standard family

    Testing

    GDPR
    DPIAs, audits by DPAs
    ISO 14064
    Independent validation/verification audits

    Penalties

    GDPR
    Up to 4% global turnover fines
    ISO 14064
    No legal penalties, loss of credibility

    Frequently Asked Questions

    Common questions about GDPR and ISO 14064

    GDPR FAQ

    ISO 14064 FAQ

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