Several standards and frameworks guide carbon accounting practices. The Greenhouse Gas Protocol is the most widely used international accounting tool for government and business leaders to understand, quantify, and manage greenhouse gas emissions. Another key standard is ISO 14064, which specifies principles and requirements for quantifying and reporting greenhouse gas emissions and removals. The Carbon Disclosure Project (CDP) also provides a comprehensive framework for environmental disclosure. These standards ensure consistency, transparency, and comparability of carbon emissions data across industries.
Key Takeaway: GHG Protocol, ISO 14064, and CDP are key standards for carbon accounting.