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Credible claims for sustainable business

 
Gold Standard provides solutions to businesses looking to deliver a positive impact and make claims in the most credible way. Developed in collaboration with leading civil society organisations, Gold Standard guidance and tools help companies reduce emissions, deforestation and other negative impacts from their operations and supply chains and quantify and report on these improvements in alignment with relevant protocols and initiatives.

Companies looking to take climate action are advised to start with the right strategy. Gold Standard worked with WWF and CDP to develop Corporate Climate Stewardship: Guidelines for best practice climate action to support companies in setting ambitious strategies that are in line with the ambition of the Paris Agreement. This helps business reduce climate risk and create value by answering to increasing customer, investor and civil society demands for strong climate action.

 
The Guidelines highlight four key pillars to climate stewardship:
 
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Gold Standard focuses primarily on Pillars 2 and 3 under the mantra: “Reduce emissions within boundaries; finance beyond.” Find more details in the Guidelines document and explore further programmes below.

Defining a corporate climate finance commitment

The guide Defining a corporate climate finance commitment focuses on Pillar 3 of the Corporate Climate Stewardship guidelines, providing more information on how companies can “finance the global transition to a zero-carbon, resilient economy” and contribute to the Paris Agreement by funding emission reductions beyond their own corporate boundaries.

 

NOTE: The Gold Standard marketplace for carbon credits is limited in volumes and best serves small businesses. Businesses seeking larger procurement should contact a retailer or broker of carbon credits.

Increasingly, companies are setting net-positive goals to deliver shared value to society. Beyond purchasing carbon credits from projects delivering additional development benefits, companies can directly fund certified SDG impacts. These can come from a wide range of Gold Standard-certified projects, all representing SDG impacts -- from water access to women's empowerment -- that have been rigourously quantified, verified and certified from projects that would not have moved forward without additional finance. 

Pathways to Net Zero

Building on the Corporate Climate Stewardship Guidelines, Gold Standard is again working with WWF, CDP, and other civil society organisations to develop guidance for companies to align their climate strategies with the ‘net zero by 2050’ ambition of the Paris Agreement. A focus will be on clearly defining what “net zero emissions” means for business and answering further questions including, should a company be responsible for its value chain’s emissions? When should a company offset, and when should they not? And what if a company is officially carbon neutral, but investing in new carbon-intensive products or services that are incompatible with a net-zero future.