Carbon Reporting Standards
Understanding the frameworks and standards that guide carbon accounting and reporting practices
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Section 4 of 5Carbon Reporting Frameworks
Carbon reporting standards provide the frameworks, methodologies, and requirements for measuring, reporting, and verifying greenhouse gas emissions. These standards ensure consistency, comparability, and credibility in carbon accounting practices.
Different standards serve different purposes - some focus on corporate accounting, others on regulatory compliance, and some on investor disclosure. Understanding these frameworks helps organizations choose the right approach for their needs and stakeholders.
Standards Evolution
Carbon reporting standards continue to evolve with increasing regulatory requirements, stakeholder expectations, and scientific understanding of climate change impacts.
Interactive Standards Comparison Matrix
Explore and compare major carbon reporting standards and frameworks. Select standards to understand their features, requirements, and use cases, then switch between overview cards and detailed comparison matrix views.
GHG Protocol
Most widely used international accounting and reporting standard for greenhouse gas emissions
Key Features
- • Scope 1, 2, 3 classification
- • Corporate and product standards
ISO 14064
International standard for quantifying, monitoring, and reporting greenhouse gas emissions
Key Features
- • Three-part standard
- • Verification requirements
CDP
Global disclosure system that enables companies to measure and manage their environmental impact
Key Features
- • Investor-focused
- • Scoring methodology
TCFD
Framework for disclosing climate-related financial information to support informed investment decisions
Key Features
- • Financial impact focus
- • Scenario analysis
Science Based Targets
Framework for setting emissions reduction targets aligned with climate science
Key Features
- • Science-based methodology
- • Near-term targets
CSRD
EU Corporate Sustainability Reporting Directive requiring mandatory climate disclosures
Key Features
- • Mandatory reporting
- • Double materiality