Readiness Goal 3.1: Transparent measurement, monitoring and reporting of GHG emissions and sustainability performance (Developers, asset owners and financial institutions).
Intent: Transparent measurement, monitoring and reporting help to demonstrate progress in the zero carbon transition, building credibility and investor confidence.
Indicator 3.1.1: Implementing robust monitoring systems and adopting recognised reporting frameworks, such as the Global Reporting Initiative (GRI), ISSB. This could be implemented in conjunction with Indicator 3.2.2 in terms of ‘Metrics and Targets’.
Indicator 3.1.2: In alignment with RG 4.5, develop and/or adopt guidelines for measuring zero carbon project performance for accurate and precise verification.
Indicator 3.1.3: Report Scope 1, 2 and if possible, Scope 3 of the organisations’ GHG emissions.
Indicator 3.1.4: Where relevant, quantify cost-savings, risk managed, asset returns from implementation of zero carbon transition strategies.