Carbon Measures

Carbon Measures is a corporate-led initiative established to develop an alternative framework for carbon accounting and emissions tracking across global value chains. The initiative aims to apply accounting-style principles to greenhouse gas measurement, with a focus on reducing double counting, improving product-level emissions visibility, and enabling more granular tracking of emissions transfers between companies.

Carbon Measures proposes a ledger-based approach in which emissions are recorded and allocated as products move through supply chains. Supporters argue this model could enhance comparability and transparency, particularly for complex industrial systems. Critics, however, have raised concerns that the framework could diverge from established international standards such as the Greenhouse Gas Protocol, potentially shifting emissions responsibility downstream and weakening corporate accountability for Scope 3 emissions.

The initiative has generated debate among sustainability experts, investors, and civil society over its governance, alignment with existing disclosure regimes, and implications for regulatory consistency in carbon reporting.