ISO, GHG Protocol Launch Working Group to Develop Unified Product-Level GHG Accounting Standard

On 14 April 2026,The International Organization for Standardization (ISO) and the Greenhouse Gas Protocol (GHG Protocol) finalized a Joint Working Group (JWG) to develop a unified, product-level GHG accounting standard. This milestone follows a strategic partnership aimed at harmonizing global emissions reporting to eliminate the fragmentation currently hindering corporate climate action.The JWG will consolidate existing frameworks into a singular methodology, streamlining reporting processes and enhancing data consistency. For finance professionals, this harmonization is critical; it facilitates compliance with evolving regulations, such as Carbon Border Adjustment Mechanisms (CBAMs), and provides the granular value chain data necessary for precise capital allocation and decarbonization strategies. Comprising experts from over 50 countries—including representatives from Amazon, BMW, and Unilever—the JWG marks a significant shift toward global standardization. This initiative will bolster market transparency, ensuring that greenhouse gas accounting becomes a reliable, comparable metric in international trade and strategic financial planning.

Source: https://www.esgtoday.com/iso-ghg-protocol-launch-working-group-to-develop-product-level-ghg-accounting-standard/