In a move to streamline global emissions reporting, the International Organization for Standardization (ISO) and the Greenhouse Gas (GHG) Protocol have announced they will align their carbon-accounting frameworks. This collaboration seeks to merge ISO’s 1406x climate standards with the GHG Protocol—already used by 97% of S&P 500 companies reporting to the Carbon Disclosure Project in 2023—to eliminate fragmented approaches, unify terminology, and enable transparent benchmarking of progress toward net-zero goals.
Stakeholders emphasize that this harmonization will facilitate consistent, credible data for investors and policymakers. However, environmental organizations like ECOS caution that the new unified standard must remain rigorous, science-based, transparent, and publicly accessible to maintain credibility—and warned against the risk that alignment might dilute the strength of existing standards.
Source: The Wall Street Journal
