{"id":25959,"date":"2024-03-28T17:17:23","date_gmt":"2024-03-28T16:17:23","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=25959"},"modified":"2024-03-28T17:17:43","modified_gmt":"2024-03-28T16:17:43","slug":"what-is-greenhouse-gas-accounting-and-climate-data-disclosure","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/03\/28\/what-is-greenhouse-gas-accounting-and-climate-data-disclosure\/","title":{"rendered":"What is greenhouse gas accounting and climate disclosure?"},"content":{"rendered":"<p>The origins of greenhouse gas (GHG) accounting, or the measurement of emissions from companies and other entities, date back to the late 1990s, but interest has grown exponentially in recent years with the expansion of voluntary and, more recently, mandatory corporate climate disclosure initiatives.<\/p>\n<p>US Securities and Exchange Commission (SEC)\u00a0<a href=\"https:\/\/www.wri.org\/news\/statement-us-securities-and-exchange-commission-finalizes-climate-disclosure-rule\" target=\"_blank\" rel=\"noopener\">completed the rule in March 2024<\/a>\u00a0, which will require companies to disclose some of their issues if they are considered financially significant to investors. The European Union enacted in 2023\u00a0<a href=\"https:\/\/finance.ec.europa.eu\/capital-markets-union-and-financial-markets\/company-reporting-and-auditing\/company-reporting\/corporate-sustainability-reporting_en#legislation\" target=\"_blank\" rel=\"noopener\">the Corporate Sustainability Reporting Directive<\/a>\u00a0(CSRD), which will require companies operating in Europe to disclose their emissions from 2025. The Council\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.ifrs.org\/groups\/international-sustainability-standards-board\/\" target=\"_blank\" rel=\"noopener\">International Sustainability Standards Board<\/a><\/span><span style=\"color: #0000ff;\">\u00a0<\/span>(ISSB) issued a voluntary standard for reporting greenhouse gas emissions in 2023 (\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.ifrs.org\/issued-standards\/ifrs-sustainability-standards-navigator\/ifrs-s2-climate-related-disclosures\/\" target=\"_blank\" rel=\"noopener\">IFRS S2<\/a><\/span><span style=\"color: #0000ff;\">\u00a0<\/span>). ; three countries have made it mandatory for corporations operating in their country, while several others are considering doing the same. And importantly, nearly 400 organizations have committed to progress in adopting or using ISSB sustainability standards (including IFRS S2) globally. (<em><span class=\"margin-right-xs\">Kyle Aiuto<\/span><span class=\"margin-right-xs\">\u00a0,\u00a0<\/span><span class=\"margin-right-xs\">Sarah Huckins<\/span><span class=\"margin-right-xs\"> and Hannah Momblanco, more at <a href=\"https:\/\/www.wri.org\/insights\/ghg-accounting-corporate-climate-disclosures-explained\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">wri.org<\/span><\/a>)<\/span><\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The origins of greenhouse gas (GHG) accounting, or measuring emissions from companies and other entities, date back to the late 1990s, but interest has grown exponentially in recent years with the proliferation of voluntary and, more recently, mandatory corporate climate disclosure initiatives. The U.S. Securities and Exchange Commission (SEC) finalized a rule in March 2024, [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-25959","post","type-post","status-publish","format-standard","hentry","category-lca_esg_ghg_csddd_csrd_iso_flr"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/25959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=25959"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/25959\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=25959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=25959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=25959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}