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Microsoft, Other Leading Organisations Announce Roll out of New Carbon Emissions Accounting Initiative

Published on: 14 February 2022 11:00 AM
by KnowESG

A Brief Summary

More than 20 leading firms from various forms of businesses announced an initiative to enhance the development of reliable and interoperable carbon emissions accounting. The initiative, to a greater extent, helps the world reach net-zero by 2050. It comprises collective action, resources from scientific, corporate, philanthropic and intergovernmental organizations to enable access to data and science that is reliable and up to date and can be easily exchanged among carbon accounting systems.

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The Carbon Call exposes and addresses the gaps in the present global carbon accounting systems, focusing on carbon removal and land sector, methane and indirect emissions. The Carbon Call will help find out where accurate pieces of information are required to enhance reliability.

Capricorn Investment Group, Climate Change AI, Corporate Leaders Group Europe, Global Carbon Project, Global Council for Science and the Environment, International Science Council, LF Energy, Linux Foundation, Microsoft, Mila, Skoll Foundation, Stanford Woods Institute for the Environment, United Nations Environment Programme (collaborating organisation), and United Nations Foun Carbon Call participants seek to promote the establishment of universal accounting methodology standards, provide access to accurate GHG emissions and removal data, and improve the interoperability of digital accounting infrastructures.

Signatories to the Carbon Call committed to reporting GHG emissions, all scopes of emissions, classes of GHG emissions and offset information comprehensively, annually and transparently. The signatories include Capricorn investment Group, EY, GSK, KPMG, Microsoft, and Wipro.

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