In March, the Securities and Exchange Commission adopted a final rule to enhance and standardize climate-related disclosures by public companies. The SEC says the rule responds to investor demands for information on the financial effects of climate-related risks and how a registrant manages those risks while balancing the associated costs of the rules. The final […]
SBTi released new guidance on the Beyond Value Chain Mitigation (BVCM), currently a recommendation – not a requirement – under their Net Zero Standard. Under SBTi’s definition and guidance, BVCM activities are not accounted for in a Scope 1-3 inventory and can include both carbon avoidance, reduction, and removal activities, including investments in and purchases […]
On April 9, 2024, the Science Based Targets initiative’s (SBTi) Board of Trustees released a statement explaining that SBTi “has decided to extend [environmental attribute certificate and instrument] use for the purpose of abatement of Scope 3 related emissions beyond current limits.” The Board implies that SBTi will reverse its long-standing guidance and allow a […]
We are thrilled to announce that Miranda Ballentine, founding CEO of the Clean Energy Buyers Alliance (CEBA), will be joining Green Strategies as a Senior Advisor to Green Strategies. During her decade leading CEBA, Miranda oversaw the growth of the team from 6 to 50 staff, increased revenued six-fold, and helped the CEBA member community […]
Issues around Scope 3 have appropriately gotten a lot of attention lately. Scope 3 emissions (or “value chain” emissions) often make up the majority of a greenhouse gas inventory and so adequately accounting for these emissions is crucial. It is becoming clear that the greenhouse gas accounting system as designed currently is ill-suited to serve […]
