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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.
 

“We expect this initiative to catalyse sustainability action and investment at scale by creating more demand for certified commodities at a landscape level, rather than isolated interventions with specific producers or projects.”

Paul Chatterton,
Founder and Lead for WWF Landscape Finance Lab

“Making it easier to report on the positive climate impacts of the use of certified, sustainably produced products is progress toward to support real, measurable change.”

Rolf Hogan,
Executive Director of the Roundtable on Sustainable Biomaterials

“Forests play a fundamental role for the world’s climate, and giving responsible forest managers the tools to demonstrate carbon reductions and sequestration will enable consumers and companies to conscientiously promote positive impacts.”

Kim Carstensen,
Director General FSC International

SustainCERT, the official certification partner for Gold Standard for the Global Goals, will lead pilot initiatives with participating standards, verify pilot outcomes and help companies attribute the impacts in their corporate reporting.
 
The consortium also intends to explore how the methodologies and guidance might be extended to catalyse other critical sustainability impacts such as water, soil, or deforestation free targets.
 
This programme supports Gold Standard’s aim to help the world #GrowToZero: To meet the Paris Agreement’s goal of Net-Zero emissions while acclerating progress toward zero extreme poverty, zero hunger, zero biodiversity loss and other ambitious targets.
 
The initiative is made possible thanks to a grant from the ISEAL Innovations Fund, which is supported by the Swiss State Secretariat for Economic Affairs SECO.
 
 

READ THE PRESS RELEASE

Technical updates

The Gold Standard Technical Advisory Committee (TAC) has approved a rule update to ensure the consistent application of eligibility requirements for suppressed demand baselines for relevant scale as well as a rule clarification to ensure that new verified project activities (VPAs) reflect the most recent version of the PoA document.
 
 RULE UPDATES 
 RULE CLARIFICATION   

EVENTS

EVENTS

WEBINAR
Sustainable Development Provisions in the Rulebook Drafts of the Art. 6 Paris Agreement
22 September 2020
3:00 -4:15 CET


ONLINE WORKSHOP
Opis by IHS Markit’s LCFS & Carbon Markets Workshop
16-20 November 2020
Business turns to nature to fight climate change
Financial Times, 28 July 2020

JetBlue is the First U.S. Airline to Commit to and Achieve Carbon Neutrality for All Domestic Flying
Chronicle-Tribune, 13 August 2020

Jeremy Jauncey, entrepreneur behind Beautiful Destinations, becomes first Gold Standard global ambassador  
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