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GHG Protocol Proposes Most Significant Overhaul to Corporate Climate Reporting in Over Two Decades

The Greenhouse Gas (GHG) Protocol has released a new white paper proposing a sweeping restructuring of corporate climate accounting, moving from a single corporate report to a newly structured, multi-statement framework.

The overhaul aims to strengthen reporting integrity and unlock climate finance by allowing companies to use market-based mechanisms across their complex supply chains. By clarifying “what counts” toward corporate climate targets, this updated framework is expected to unleash pent-up demand for critical emission reduction projects.

Read ClimeCo’s breakdown to understand the proposed changes, why they matter, what’s still undecided, and the strategic implications for your decarbonization goals.