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GOLD STANDARD FIRST CLIMATE-CENTRED STANDARD TO ACHIEVE ISEAL CODE COMPLIANT STATUS  

Gold Standard is proud to announce that we have achieved ISEAL Code Compliant status, the first climate-centred standard to do so. This means the Gold Standard system has been independently evaluated against ISEAL’s Codes of Good Practice.
 
ISEAL is the global membership organisation for ambitious, collaborative and transparent sustainability systems, focused on driving collective efforts to tackle the most pressing sustainability issues and create a world where markets are a force for good. Other Code Compliant organisations include Fairtrade, Rainforest Alliance, and the Alliance for Water Stewardship. 
 
This achievement is timely given the recent acceleration in the voluntary carbon market, where Gold Standard has been a pioneer for ambition and integrity. It also undergirds the foundation from which Gold Standard is expanding to drive value chain alongside other ISEAL member standards and catalyse innovative forms of finance – all aimed at accelerating progress toward the Paris Climate Agreement and the Sustainable Development Goals. 

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SCOPE 3 REDUCTIONS KEY FOR CREDIBLE
NET ZERO STRATEGIES 

A new swell of Net Zero commitments has, unsurprisingly, been swiftly followed by questions around greenwashing. These are based on three key criticisms:

  1. Lack of details on the plan to get to long-term targets
  2. Lack of near-term actions and accountability
  3. Lack of value chain commitment and/or misuse of market mechanisms

In some cases, greenwashing claims are merited. In others, companies may lack the data, tools, or expertise to create best practice strategies with detailed plans to achieve them. The limiting factor for many companies underpinning all three is the complex challenge of Scope 3, or value chain emissions.

Value chain emissions are often the largest source of corporate carbon footprints, yet to date have been the lowest area of focus for most companies because of these common barriers:

  • Limited access to supplier emissions data
  • Lack of guidance on how to account and report the benefit of reductions from investments in dynamic supply chains
  • Minimal incentives and recognition for investing in meaningful change beyond direct operations

The Value Change Initiative aims to remove barriers to driving down value chain emissions and enable companies to set and achieve ambitious Net Zero targets.

Having tested versions of the first core guidance document in real-world applications via working groups focused on the Food & Beverage and Apparel sectors, we are pleased to announce that the Value Change Initiative has now published the final version of the Value Chain Interventions: Greenhouse Gas Accounting and Reporting Guidance.

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If you would like to join the Value Change Initiative or hear more
send us an email at platform@goldstandard.org.

2020 GOLD STANDARD MARKET REPORT 


We are pleased to publish the 2020 Market Report, which highlights strong growth, despite all odds. Despite an unprecedented global pandemic, Gold Standard saw a record year of credit issuances, thanks to our project developers and auditors who adapted and continued delivering impact to communities and ecosystems worldwide.
 
On the demand side, 2020 marked another record year of retirements. We applaud companies who continued to take responsibility for their climate impact by financing emission reductions beyond their boundaries in the face of business disruption.
 
2020 Highlights:

  • 34 million emission reductions issued, nearly double the issuances of 2019. This included, 28.5 million voluntary Verified Emission Reductions (VERs) and 5.6 million Gold Standard labelled Certified Emissions Reductions (CERs)
  • Increase issuance trend across all project types
  • Record high voluntary retirements in 2019 with 15.8 million emission reductions retired — 28% increase over 2019
DOWNLOAD REPORT

UPCOMING CLIMATE EVENTS

 MAY 2021 

 JUNE 2021 

 JULY 2021 

VISIT EVENTS PAGE
IN THE NEWS
Claims+Credibility: Embracing Diversification to Scale Carbon Markets
Carbon Pulse, 26 April 2021

Debate heats up over role of carbon offsets in Biden's 'net-zero' goal
The Hill, 16 April 2021
How to Reduce Your Carbon Footprint on Your Next Flight
Thrillist , 23 April 2021

 
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