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Enhancing Greenhouse Gas Reporting

This guidance has been developed in response to the rapidly escalating impacts of climate change and emerging mandatory requirements that companies disclose robust information about their greenhouse gas (GHG) emissions and climate risks and opportunities. It aims to help CFOs, accountants and finance professionals build on existing systems and processes in order to undertake or enhance cost-effective GHG reporting that works for investors.

The first part of the guidance – 8 Steps to Enhance GHG Reporting: A Roadmap for Accounting and Finance Professionals – provides finance and accounting professionals with a roadmap to engage with others across their business to prepare for GHG emissions reporting requirements aligned to financial reporting processes. While the second – GHG Reporting Building Blocks for Accountants equips accountants with the technical guidance necessary to collect and enhance the quality of data related to all scopes of GHG emissions at individual entity and group levels.

The guidance has been brought together by IFAC and We Mean Business Coalition (WMBC), in partnership with Accounting for Sustainability (A4S), Global Accounting Alliance (GAA), and World Business Council for Sustainable Development (WBCSD).

The publications have been released in preparation for the upcoming international and jurisdictional standards and regulations that will make it mandatory for companies to advance GHG reporting to new levels and provide investors with decision-useful information related to climate risks and opportunities. These include the International Sustainability Standards Board (ISSB) General Sustainability-related Disclosures (IFRS S1) and Climate-related Disclosures (IFRS S2), the European Financial Reporting Advisory Group's (EFRAG) European Sustainability Reporting Standards (ESRS) and proposed rules for climate change disclosures by the US Securities and Exchange Commission (SEC).

For the original publication of this guidance go to the IFAC website.

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While business performance has historically been measured in financial terms, over the past two decades reporting requirements have been changing rapidly. Explore our reporting webpage with all our latest guidance.

Our work on Net Zero

At A4S, we work with finance teams, accounting professionals and capital markets to create guidance and generate action to help achieve a net zero economy; to prevent a worsening climate crisis, mitigate risks and seize the opportunities in the energy transition.


Stay up to date with all the latest news at A4S. Our Monthly Newsletter includes the latest guides, reports, stories and thought pieces from finance leaders from across the globe. 

Accounting for Sustainability is a Charitable Incorporated Organization, registered charity number 1195467. Accounting for Sustainability is part of the King Charles III Charitable Fund Group of Charities.
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