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GHG Protocol Newsletter: May 2024

Corporate Suite of Standards Technical Working Groups Formation Update 

Right now, GHG Protocol is working to seat initial members of the Steering Committee, who in turn will appoint initial members to the Independent Standards Board (ISB). Once seated, ISB members will approve the Technical Working Groups’ Terms of Reference and membership.  

The GHG Protocol Secretariat aims to contact Technical Working Group applicants with a communication on membership decisions in July. For those who are selected, we will follow up with the next steps in the process, including details about the first TWG meetings to happen shortly thereafter. All applicants who are not selected for Technical Working Group membership will be invited to provide feedback on the draft standards via our public consultation process in 2025. Please note that GHG Protocol is continuing to accept Technical Working Group (TWG) applications on a rolling basis.

New Blog: GHG Protocol Use Within ISSB’s IFRS S2 Standard Enables Widespread Adoption of a Common Standard for GHG Accounting 

IFRS S2, a climate-related disclosure standard issued by the International Sustainability Standards Board (ISSB) in 2023, requires companies to measure greenhouse gas emissions in accordance with GHG Protocol. This collaboration marks a pivotal moment in standardizing corporate GHG reporting globally. By referencing the GHG Protocol Corporate Standard in IFRS Sustainability Disclosure Standards, a common global standard for GHG accounting and reporting is emerging, meeting the demands of investors and financial markets for transparent sustainability disclosure. Read the full piece to learn more. 

“What Is GHG Accounting?” Explainer Video 

Companies have been measuring their emissions since the late 1990s, but in recent years, interest has grown exponentially in greenhouse gas accounting practices. In our new video, Kyla Aiuto, GHG Protocol Scope 2 Manager, explains why interest is growing so rapidly and why greenhouse gas accounting and reporting is important. Read our recent article to learn more about how corporate GHG accounting and emissions disclosures began. 

GHG Protocol at NYSE Sustainability Leaders Summit 

Michael Macrae, GHG Protocol Scope 2 Senior Manager, recently spoke at the New York Stock Exchange (NYSE) Sustainability Leaders Summit during the Future of Emissions Measurement session. In conversation with Brian Matt, Head of ESG Advisory at NYSE, Michael discussed GHG Protocol's process to update its corporate suite of standards and guidance. You can watch a highlight of the session here.   

GHG Protocol Strategy Retreat

This month, the GHG Protocol Secretariat hosted a strategy retreat in Washington, DC. In 2024, the Secretariat has already onboarded seven new team members across WRI and WBCSD, bringing the GHG Protocol Secretariat to over 30 team members. The retreat provided a valuable opportunity for the full global team to meet in person and discuss our collective goals. A key focus of the retreat was to discuss this year’s critical milestones and how to ensure successful implementation across workstreams.

Welcoming New Staff to the GHG Protocol Team 

Please join us in welcoming our new addition to the GHG Protocol Secretariat:     

  • Hande Baybar, Corporate Standard Manager, supports the process to revise and develop additional guidance for the Corporate Standard. 
  • Natalia Chebaeva, Scope 3 Standard Manager, works on the updates of the Scope 3 Standard and supplementary tools and documents.  

Seeking Applicants for Open Positions 

The GHG Protocol Secretariat is looking for experienced individuals to join our team. Full position descriptions and application information can be found here:  

If you any have questions, please contact us here. If you'd like to receive GHG Protocol's newsletter and other updates via email, please subscribe here

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