University of Oxford study recommends expanding climate reporting standards to incentivize broader climate action.

A University of Oxford study suggests that current climate reporting standards are insufficient in driving innovation needed for net zero. The paper, published in Carbon Management, calls for an expansion of standards to include a company's broader impact on climate action, proposing an additional reporting track capturing influence in product power, purchasing power, and political power. Existing standards focus on direct emissions but fail to incentivize broader climate action.

August 14, 2024
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