Implementing a carbon ledger involves various standards and frameworks designed to ensure accurate and consistent emissions tracking. Some of the main standards include the Greenhouse Gas Protocol, which provides comprehensive global frameworks for measuring and managing emissions. It sets standards for both corporate and product-level carbon footprinting. ISO 14064 is another critical standard, offering guidelines for quantifying and reporting greenhouse gas emissions and removals. The Science Based Targets initiative (SBTi) is also significant; it helps companies set emissions reduction targets in line with climate science. Each of these frameworks contributes to establishing reliable and transparent carbon reporting systems, enabling organizations to align their practices with international best practices. Adopting these standards helps organizations not only in compliance but also in enhancing their sustainability credentials and gaining competitive advantage.
Key Takeaway: Greenhouse Gas Protocol, ISO 14064, and SBTi are key frameworks for carbon ledger implementation.