Exxon-Backed Group to Establish Independent Panel for Carbon Accounting

Reported about 11 hours ago

Carbon Measures, a carbon accounting initiative supported by major energy firms including ExxonMobil, plans to form an independent panel to guide its work. The initiative aims to establish a standardized carbon emissions accounting system to prevent double-counting and incentivize sustainability investments. With the support of the International Chamber of Commerce, experts from various sectors will be recruited to help design this global accounting framework, which is seen as critical for accelerating corporate action on climate change.

Source: YAHOO

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