New GHG Protocol Structure Plans to Expand Reporting Beyond Scope 1–3

GHG Protocol plans new multi-statement reporting framework

GHG Protocol’s Actions and Market Instruments workstream is developing a multi-statement reporting structure to complement corporate GHG inventories. The initiative responds to the fact that many company actions, including investments in emission reduction or removal projects and the use of market instruments, may fall outside inventory boundaries and are not reflected in scope 1, scope 2, or scope 3 data. The new structure is designed to enable transparent and complete reporting of these impacts while keeping them separate from physical inventories. It aims to support decarbonisation investments across all sectors and address reporting for instruments such as virtual power purchase agreements, biomethane certificates, and sustainable aviation fuel. A multistakeholder Technical Working Group is developing the approach. A Phase 1 White Paper is underway, with public consultation planned for early 2026 and Phase 2 beginning later that year.

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Further reading: Updates from the GHG Protocol Actions and Market Instruments Workstream

Experts link dollar dependence to green investment challenges

G20 think tanks urged countries to reduce the dominance of the U.S. dollar in the global economy. The discussions took place in Johannesburg ahead of the G20 summit, where major economies and the European Union meet to address global financial issues. The T20, a network of research institutes that provides policy advice to G20 leaders, endorsed a communique calling for a more diversified international financial architecture. The group said reliance on a single currency exposed countries in the Global South to external shocks and debt crises. It recommended promoting the use of local currencies in trade and finance, developing multi-currency cross-border payment systems, and expanding swap lines and multilateral development bank loans in local currencies. Bruno De Conti of Positive Money led the initiative and said dollar dependence limited investment capacity, including in renewable energy. The T20 also warned that delaying the launch of central bank digital currencies could increase dollarisation, noting that most Global South debt is denominated in dollars.

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Further reading: G20 should support de-dollarisation of global economy, say experts

AI and revenues reshape 2025 sustainability strategy

Deloitte Global’s 2025 survey of more than 2,100 executives shows strong sustainability engagement, with AI playing an expanding role. Eighty-one per cent of respondents said they already use AI for monitoring, reporting, scenario analysis, product innovation, and operational efficiency. Revenue generation emerged as the most frequently cited business benefit of sustainability actions, ahead of compliance outcomes, brand and reputation, and risk and resiliency. Some activities declined compared to 2024: tying senior leader compensation to sustainability performance, requiring suppliers to meet sustainability standards, and reducing emissions through renewable energy purchases. Overall investment remains high, with 83% of executives increasing spending in the past year. The survey also shows reduced stakeholder pressure since 2022. It indicates that climate change is viewed as less disruptive in the near term. Organisations are reassessing their ambitions, resources, and risks as sustainability strategies continue to evolve.

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Further reading: Deloitte Global’s 2025 C-suite Sustainability Survey: From intention to impact

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UK NGO urges mandatory measures to stop nurdle spills

Fidra, a Scottish environmental charity, is calling on governments worldwide to introduce legislation that enforces strict good-practice requirements across the plastic supply chain, and urging the International Maritime Organisation to adopt robust mandatory rules to prevent nurdle losses at sea. The appeal follows findings that nurdles, tiny plastic pellets used in plastic production, were found at 168 of 195 UK sites of special scientific interest, meaning 84% of protected locations are contaminated. The pellets were also found in six national parks, including Loch Lomond & the Trossachs and the North York Moors. Nurdles are frequently spilt during production and transport, with an estimated 53 billion lost annually in the UK. Fidra highlighted risks linked to toxic chemicals and the creation of microplastics, which harm wildlife and enter the human food chain, stressing that these impacts stem from preventable industrial pollution. 

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Further reading: Plastic nurdles found at 84% of UK sites of special scientific interest

Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Pexels.