Standardisation in climate tech

Carbon neutral❓ Net Zero❓Without ISO 14064, it’s just talk. ISO 14064: Standard for Greenhouse Gas (GHG) Accounting and Verification 1. What is ISO 14064? ISO 14064 is a global standard developed by the International Organization for Standardization (ISO) for measuring, managing, reporting, and verifying greenhouse gas (GHG) emissions. 2. It provides a framework for organizations to: - Quantify their emissions - Reduce their #carbonfootprint - Enhance credibility through verification 3. ISO 14064 is divided into 3 parts: {Please refer attached document} 4. Why ISO 14064 Matters? - Transparency in climate disclosures - Helps companies prepare for #NetZero targets - Improves investor confidence & #ESG ratings - Provides structure for climate reporting (aligned with CDP, SBTi, TCFD, etc.) - Assures accuracy of #carbonaccounting - Supports carbon reduction strategies 5. Real-World Example: - Logistics Company XYZ used ISO 14064-1 to measure its fuel emissions (Scope 1). After reporting, it adopted electric vehicles and reported reductions using ISO 14064-2. Their report was verified under ISO 14064-3, boosting client trust and helping win #sustainability -conscious contracts. 6. ISO 14064 vs Other Standards - How Businesses Use ISO 14064 - Carbon footprint assessments - Facility or project-based emissions tracking - Integration with corporate sustainability strategy - Supporting Environmental Product Declarations (#EPD) - Strengthening sustainability reports (#GRI, #CDP, IFRS S2) Pro Tip: #ISO14064 can be a key to #carboncredit eligibility in some regions when paired with proper validation! #CarbonAccounting #GHGEmissions #ClimateAction #SustainabilityReporting #ESGwithVishal #ClimateDisclosure

GRI has released new Climate & Energy Standards — and they mark a major step forward for ESG reporting that's aligned, actionable, and human-focused. The new GRI 102: Climate Change and GRI 103: Energy standards are not only comprehensive—they reflect deep alignment with other major frameworks, positioning GRI as a leader in driving standard interoperability: 🟣 GRI 102 = ISSB S2 Equivalence: GHG emissions disclosures made under IFRS S2 now satisfy GRI. 🟣 GRI + ESRS: In close collaboration with EFRAG, GRI 102 aligns well with ESRS E1. ✅ SBTi Alignment: Targets are consistent with the Corporate Net Zero Standard by the Science-Based Targets initiative. Additionally, the new GRI 102 integrates 'Just Transition' principles which is a forward looking step. This 'human-centric' approach is increasingly being emphasised in regional dialogues, including here in the UAE. The key is that the new standard is build to bring together a fragmented standard reality and by leading on the principle of collaboration, GRI has set a new industry standard for development methodology for future ESG standards. https://lnkd.in/eMxR5tE7 #GRI #ESG #JustTransition #Sustainability #ClimateDisclosure #IFRS #SBTi #ESRS #NetZero #CorporateSustainability #UAE #HumanCentricESG

✅ Your Sustainability Journey – Standard by Standard Step 1: Set the Foundation ISO 14001 – Environmental Management System Build policies and frameworks for controlling your environmental impact. Step 2: Measure Emissions GHG Protocol & ISO 14064 – Carbon Footprint Accounting Quantify your Scope 1, 2 & 3 emissions accurately. Step 3: Report Transparently GRI / SASB / CDSB – Sustainability Reporting Frameworks Share your progress with stakeholders in a consistent and credible format. Step 4: Set Long-Term Goals SBTi – Science-Based Targets Align your climate targets with global 1.5°C ambition. Step 5: Strengthen Your Supply Chain ISO 20400 – Sustainable Procurement Ensure ethical sourcing, human rights & environmental due diligence. Step 6: Address Sectoral Priorities • ISO 50001 – Energy Management • ISO 46001 – Water Efficiency Optimize resource use for operational excellence. Step 7: Assure & Improve ISAE 3000 / Limited Assurance Audits Gain third-party verification for credibility & compliance. Final Step: Report with Confidence CSRD (EU) or BRSR (India) Meet regulatory disclosure with complete ESG integration. ⸻ 🌎 Sustainability isn’t a checkbox — it’s a culture shift. With the right standards as guideposts, your company can move from compliance ➡️ to leadership in ESG. Are you on the path yet? #Sustainability #ESG #NetZero #GHGAccounting #SBTi #GRI #ISO14001 #ClimateAction #CorporateResponsibility #GreenBusiness #SustainableGrowth

The New Era of Climate Reporting: From Alphabet Soup to Global Standard For years, corporate sustainability reporting has resembled a chaotic buffet of acronyms—TCFD, GRI, SASB, and countless others. Now, a more palatable solution has emerged. The International Sustainability Standards Board (ISSB), established under the respected IFRS Foundation, is consolidating this fragmented landscape into a single, coherent framework. The ISSB's new standards—IFRS S1 and S2—build upon the foundation laid by the Task Force on Climate-related Financial Disclosures (TCFD), which has guided over 5,000 companies since 2015. But where TCFD offered recommendations, ISSB brings requirements. These include more rigorous scenario analysis, detailed industry-specific metrics, and comprehensive disclosure of climate transition plans. Why does this matter? Consider the current state of affairs: investors juggling multiple reporting frameworks, companies struggling with conflicting requirements, and stakeholders drowning in inconsistent data. The ISSB standards offer a remedy—a global baseline that promises to make sustainability reporting as routine as financial statements. The world's major economies are already falling in line. From Britain to Brazil, regulators are aligning their frameworks with ISSB standards. Even the European Union, previously wedded to its own approach, is revising its sustainability reporting standards to reduce duplication. For companies, the 2026 implementation deadline provides adequate runway for preparation. For investors, it promises comparable, decision-useful data across markets. And for the planet, it means more effective allocation of capital toward sustainable initiatives. In the often-divisive realm of climate action, the ISSB standards represent the rarest of achievements: a practical solution that most parties can embrace. Global Economic Integration and Standardization The adoption of ISSB standards (IFRS S1 and S2) represents a significant shift toward global harmonization of sustainability reporting, reflecting broader economic trends of international standardization and integration. This harmonization is particularly evident in major economies like the UK, EU, Canada, and Australia, which are aligning their frameworks to create a consistent global baseline for sustainability disclosures. Economic Implementation Costs and Benefits Short-term Costs: Significant investment in data collection and reporting systems Training and capacity building Integration of climate considerations into business strategies Long-term Benefits: Enhanced risk management Improved access to capital Competitive advantages for early adopters More efficient capital allocation toward sustainable initiatives #Sustainability #ClimateAction #CorporateReporting #ISSB #FinancialMarkets

🌍 𝗚𝗼𝗼𝗱 𝗼𝗿 𝗯𝗮𝗱 𝗻𝗲𝘄𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗼𝗳 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀? 𝗜𝗦𝗢 𝗮𝗻𝗱 𝗚𝗛𝗚 𝗣𝗿𝗼𝘁𝗼𝗰𝗼𝗹 have announced a landmark 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘁𝗼 𝗵𝗮𝗿𝗺𝗼𝗻𝗶𝘇𝗲 𝘁𝗵𝗲𝗶𝗿 𝗚𝗛𝗚 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀 and co-develop new ones. What’s new? ✅ 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗲𝘅𝗶𝘀𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀: ISO 1406X series + GHG Protocol Corporate, Scope 1, 2 & 3 ✅ 𝗝𝗼𝗶𝗻𝘁 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗼𝗳 𝗮 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗰𝗮𝗿𝗯𝗼𝗻 𝗳𝗼𝗼𝘁𝗽𝗿𝗶𝗻𝘁 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 ✅ 𝗔 𝗰𝗼𝗺𝗺𝗼𝗻 𝗴𝗹𝗼𝗯𝗮𝗹 𝗹𝗮𝗻𝗴𝘂𝗮𝗴𝗲 for emissions accounting – reducing complexity and boosting trust This responds to long-standing calls for harmonization from regulators, investors, and companies. It could 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝘆 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴, 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝗰𝗼𝗺𝗽𝗮𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆, 𝗮𝗻𝗱 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲 𝗱𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻. 𝗕𝘂𝘁 𝗵𝗲𝗿𝗲’𝘀 𝘁𝗵𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻: 👉 𝗖𝗮𝗻 𝘁𝗵𝗶𝘀 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗱𝗲𝗹𝗶𝘃𝗲𝗿 𝗮 𝗽𝗿𝗮𝗴𝗺𝗮𝘁𝗶𝗰 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 𝗾𝘂𝗶𝗰𝗸𝗹𝘆 𝗲𝗻𝗼𝘂𝗴𝗵, given the complexity of corporate decision-making and the fact that the last major GHG Protocol update was over a decade ago? 𝗪𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝗳𝗼𝗿 𝗺𝗮𝗿𝗸𝗲𝘁𝘀: The ability to design rules that enable 𝗺𝗮𝗿𝗸𝗲𝘁-𝗯𝗮𝘀𝗲𝗱 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀—such as: ✅ 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗲𝘀 ✅ 𝗕𝗶𝗼𝗴𝗮𝘀 & 𝗯𝗶𝗼𝗳𝘂𝗲𝗹 𝗯𝗼𝗼𝗸-𝗮𝗻𝗱-𝗰𝗹𝗮𝗶𝗺 𝘀𝘆𝘀𝘁𝗲𝗺𝘀 ✅ 𝗖𝗮𝗿𝗯𝗼𝗻 𝗰𝗿𝗲𝗱𝗶𝘁𝘀 …will be decisive for scaling climate action. Without clear, harmonized accounting for these mechanisms, ambition risks stalling. 💬 My take: This is a strategic milestone, but speed and usability will define its success. Harmonization is essential, yet the real challenge lies in creating standards that are credible, practical, and supportive of innovation in carbon markets. 📌 𝗙𝘂𝗹𝗹 𝗿𝗲𝗹𝗲𝗮𝘀𝗲: GHG Protocol Blog https://lnkd.in/eRZTd5ry

When it comes to addressing the critical challenges of carbon accountability, we find ourselves at the crossroads of Scope 3 emissions data. The journey towards a sustainable future demands a significant focus on standardization, particularly concerning Scope 3 accounting and carbon transparency. Notable standards and initiatives, such as the Greenhouse Gas Protocol (GHG Protocol), ISO 14064, and the Corporate Value Chain (Scope 3) Standard, have been essential in shaping our approach to measuring and reporting emissions beyond direct control. These existing standards serve as the foundation upon which further improvements and harmonization can be built. However, as we delve deeper into the challenge of standardizing Product Carbon Footprint (PCF) calculations, we face a different kind of complexity. Establishing cross-industry consistency in PCF data can be quite challenging, and the need for global standardization in this scenario cannot be overstated. Firstly, global standardization ensures a level playing field, allowing organizations worldwide to benchmark their sustainability efforts accurately and transparently. Standardization promotes accountability, making it easier for stakeholders, from investors to consumers, to assess a company's environmental impact. Furthermore, these standards enable more effective collaboration and data sharing across the industry, fostering innovation and collective efforts in the pursuit of a sustainable future. It is here that organizations like the International Sustainability Standards Board (ISSB), TfS - TOGETHER FOR SUSTAINABILITY AISBL, PACT (Partnership for Carbon Transparency), Catena-X come into play. Their dedication and commitment to creating a harmonious and environmentally responsible future are truly commendable. Let's continue to support and collaborate with these organizations as they lead the way in defining the future of carbon transparency and sustainability.