Launch of the Proto-Standard for Carbon Accounting

The E-liability Institute announced the release of a draft proto-standard for product-level emissions accounting and auditing using the E-liability method in September 2024. This innovative approach aims to transform how we account for 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 decision-making to drive energy efficiency. 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.

The standard is a free-to-use resource intended to harmonize global emissions-accounting efforts and ensure robust, interoperable systems for applications like Carbon Border Assessments that can adapt to jurisdictional and sectoral needs.

Consultation closed in November 2024. We’re grateful for comments and insights received, and are incorporating feedback to release a refined version in early 2025.

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

– Download the proto-standard and review the document.

– Get in touch 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.