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For the first time standards including Better Cotton Initiative, Fairtrade, FSC, and the Roundtable for Sustainable Biomaterials will be able to quantify carbon emission reductions in their certified commodities in a way that corporate purchasers can count toward their climate commitments.
With increasing demand for more sustainable, climate-friendly goods and services, ISEAL member standards are collaborating with Gold Standard to define common practices to calculate carbon reductions and sequestration that companies can easily report against their Science Based Targets or other climate performance objectives. The objective is to drive sustainability at a landscape scale through certified commodities with improved climate impact.
A company purchasing Fairtrade-certified coffee or sourcing their cotton as ‘Better Cotton’ from licensed Better Cotton Initiative farmers, for example, will be able to report lower emission factors for these commodities in line with the Greenhouse Gas Protocol and thus, a lower corporate carbon footprint.
For producers, this increases the value of their certified commodities by not only ensuring that production processes are equitable and sustainable, but by also adding another quantified, verified impact that companies can claim toward increasingly important climate commitments.
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