OVERVIEW
Consumers, firms, and governments are demanding a clearer picture of the carbon emitted along the entire goods manufacturing supply chain. At the same time, there is little to no agreement between countries or within industries on how to measure these emissions. This presents a complex challenge as, in the absence of common approaches, governments and the private sector are developing their own measurement solutions. What we’re building towards is an increasing number of incompatible approaches that prevent customers from being able to confidently determine which goods have the lowest carbon intensity. Delivering useful, goods-level data will require clearly defined, verifiable, administratively feasible—and perhaps most importantly, aligned—processes for measuring and reporting carbon intensity across industries and international borders. Better streamlined emissions measurement and reporting approaches will improve market certainty, create clarity about emissions impacts, and ultimately support global decarbonization.