GHG Protocol Received Support for Reporting Reforms
Respondents backed new emissions ledgers for the international climate reporting framework.
Updated on Sept. 29, 2026 in Environmental
Live Poll
Should companies be required to provide more detailed, standardized reporting on their environmental impacts?
The Greenhouse Gas Protocol has gained significant support for proposed reforms to its emissions accounting standards. A majority of surveyed stakeholders favored the introduction of three new ledgers to refine corporate climate disclosures.
Why it matters
The proposed changes aim to modernize how companies track emissions, but stakeholders have highlighted potential burdens regarding data verification and resource requirements. Successfully integrating these rules is considered vital for interoperability with existing international frameworks.
Eighty-four percent of respondents supported the multi-statement approach. Additionally, 33 percent of participants favored the inclusion of non-GHG metrics, while 44 percent remained neutral.
The players
Greenhouse Gas Protocol
This international organization provides standards and frameworks for companies and organizations to measure and manage their greenhouse gas emissions.
The details
The proposed framework introduces ledgers for market-based instruments, consequential investment accounting, and non-GHG metrics. Survey participants emphasized that the new rules must align with standards like the Corporate Sustainability Reporting Directive to be effective.
Timeline
The GHG Protocol released its white paper in March 2026.
The organization announced feedback results in September 2026.
A draft of the new standard is expected in the first quarter of 2027.
Consultation on the proposed standard is due in the second quarter of 2027.
The Big Picture
These proposed updates signify a move toward more comprehensive corporate climate disclosures. The initiative follows the existing requirements set by the Corporate Sustainability Reporting Directive and aims to standardize reporting on a global scale.
These accounting changes could eventually influence how global corporations report their environmental impact to investors and regulators. Improved standardization may result in more transparent climate data, though companies may face higher costs for data systems and verification.
The takeaway
The Greenhouse Gas Protocol is working to balance the demand for more granular climate data with the operational realities of corporate reporting. Stakeholders should prepare for a multi-statement framework that emphasizes cross-border interoperability.
What happens next
A draft of the new standard is expected in the first quarter of 2027, followed by a formal consultation period in the second quarter of 2027.
Further reading
For more information on climate standards, visit the Environmental section.
Live Poll
Should companies be required to provide more detailed, standardized reporting on their environmental impacts?
