BioFuel Innovations, a company committed to sustainable energy solutions, enters into a joint venture with PetroGlobal, a large multinational petroleum corporation, to operate a state-of-the-art ethanol production plant. BioFuel Innovations holds a 45% equity share in the joint venture, while PetroGlobal holds the remaining 55%. However, the agreement stipulates that BioFuel Innovations has the sole authority to implement and enforce all operational and environmental policies at the ethanol plant, including decisions related to energy efficiency, waste management, and emissions control. According to ISO 14064-1:2018, which approach dictates how BioFuel Innovations should account for the greenhouse gas (GHG) emissions from the ethanol plant, and what percentage of the plant\'s total emissions should they report under this approach?