The guidance, published by a key entity behind the Greenhouse Gas Protocol, provides information on reporting of avoided emissions, and eligibility criteria for companies.
By JP Brisson, Paul A. Davies, Michael D. Green, and James Bee
On 22 March 2023, the World Business Council for Sustainable Development (WBCSD) released guidance on avoided emissions, i.e., emissions that occur outside of a company’s value chain. The WBCSD said the new guidance “will help ensure credible accounting of avoided emissions” and “seeks to bring harmonization and concrete guidance on how companies can assess and account for the decarbonizing impact of their solutions”.