How do carbon ledger standards differ across industries

Carbon ledger standards can vary significantly across industries due to differing operational practices, emissions sources, and regulatory requirements. For instance, the manufacturing sector may prioritize standards that account for direct emissions from production processes, such as those outlined in the ISO 14064 series, which provides a framework for quantifying and reporting greenhouse gas emissions. In contrast, the service industry might focus more on indirect emissions, such as those related to energy consumption and business travel, emphasizing standards like the Greenhouse Gas Protocol. Industry-specific guidelines also exist; for example, the oil and gas sector often employs the IPIECA/API/IOGP guidelines, which address unique emissions sources and reporting challenges in that industry. Moreover, sectors with high supply chain emissions, like retail, may adopt standards that facilitate comprehensive Scope 3 emissions tracking. Understanding these differences helps organizations implement a carbon ledger system that aligns with their specific industry requirements and sustainability goals. Key Takeaway: Carbon ledger standards differ by industry due to varying emissions sources and regulatory needs.