The role of environmental attribute certificates for corporate climate

The document examines the potential role of commodity-specific environmental attribute certificates (commodity EACs) as market-based instruments for corporate climate action, specifically in the context of upcoming revisions to the Science-Based Targets initiative’s Corporate Net Zero Standard and the GHG Protocol Corporate Standard and Scope 3 Guidance. It argues that there is no universal approach to commodity EACs due to significant fragmentation in their definition and availability, and questions whether such instruments support sector transitions or potentially delay direct action.

• The role of commodity-specific environmental attribute certificates (commodity EACs) is currently under discussion by standard setters for the revision of the GHG Protocol Corporate Standard, the Scope 3 Guidance, and the Science-Based Targets initiative’s Corporate Net Zero Standard between 2024 and 2027.
• There is no universal application for commodity EACs because of high fragmentation regarding how they are defined and their availability, as well as varying conditions under which they might support sector transitions.

APA

NewClimate Institute (2024). The role of environmental attribute certificates for corporate climate. http://www.newclimate.org/resources/publications/the-role-of-environmental-attribute-certificates-for-corporate-climate

Chicago

NewClimate Institute. The role of environmental attribute certificates for corporate climate. 2024. http://www.newclimate.org/resources/publications/the-role-of-environmental-attribute-certificates-for-corporate-climate.

Wikipedia

{{cite report |author=NewClimate Institute |title=The role of environmental attribute certificates for corporate climate |date=21 October 2024 |url=http://www.newclimate.org/resources/publications/the-role-of-environmental-attribute-certificates-for-corporate-climate |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2024role, author = {{NewClimate Institute}}, title = {{The role of environmental attribute certificates for corporate climate}}, institution = {NewClimate Institute}, year = {2024}, month = oct, url = {http://www.newclimate.org/resources/publications/the-role-of-environmental-attribute-certificates-for-corporate-climate}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }