Launch of the Proto-Standard for Carbon Accounting: Feedback Welcome!

The E-liability Institute is excited to announce the release of a draft proto-standard for carbon accounting and auditing using the E-liability method. This innovative approach aims to transform how we account for carbon emissions by tracking the cradle-to-gate emissions embedded in products and services as they move through the economy.

The E-liability method draws on trusted financial accounting principles to provide a dynamic, transaction-based system that enables real-time decarbonization decision-making. By adopting this method, entities can transfer the emissions embedded in their outputs to customers or beneficiaries, helping build a more transparent and accountable supply chain.

We invite stakeholders across industries, regulators, and standard-setters to review this proto-standard and offer their valuable feedback by November 21, 2024. The standard is a free-to-use resource intended to harmonize global carbon-accounting efforts and ensure robust, interoperable systems for applications like Carbon Border Assessments that can adapt to jurisdictional and sectoral needs.

The proto-standard is still a work in process and we encourage you to:

– Download the proto-standard and review the document.

– Share your feedback by November 21, 2024, by emailing us at protostandard@e-liability.institute

– Help us spread the word by sharing this page with your network.

A huge thank you to the members of our technical working group for their advice and insights shared as we developed this document.