Gold Standard invites companies to shape new ongoing emissions framework

Gold Standard is forming a working group to develop practical approaches for corporate Ongoing Emissions Responsibility (OER), following the Science Based Targets initiative's (SBTi) recognition of OER in its Corporate Net-Zero Standard 2.0. The group will examine how OER can be integrated into corporate transition plans and climate action portfolios, considering eligible activities and financial instruments. This initiative aims to establish consistent and credible application of OER, with guidance and solutions expected to be developed for use by companies in 2027. Gold Standard's prior research suggests that 'Advanced' contribution levels for OER could generate approximately $17 billion annually for climate action in the EU and US.

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