The Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation have signed an MOU to enhance alignment and interoperability in GHG emissions accounting. This partnership aims to streamline standards and reduce costs for users while ensuring comprehensive and consistent reporting for capital markets.
Key Highlights:
1. Collaboration with the International Sustainability Standards Board (ISSB).
2. Enhanced integration of GHG Protocol Corporate Standard in IFRS S2 Climate-related Disclosures.
3. Governance arrangements for ongoing compatibility and updates.
This partnership is a significant step towards unified GHG reporting standards, benefiting companies and financial markets globally.
