WEBVTT 00:00:07.200 --> 00:00:10.480 - How can the world reduce emissions if we don't even have a 00:00:10.480 --> 00:00:13.560 commonly accepted method to measure them? 00:00:13.560 --> 00:00:14.880 That's about to change. 00:00:14.880 --> 00:00:16.560 We're here today to talk about 00:00:16.560 --> 00:00:20.600 an historic partnership between the Greenhouse Gas Protocol 00:00:20.600 --> 00:00:25.240 and the International Organization for Standardization, ISO. 00:00:25.240 --> 00:00:27.720 By coming together in this new partnership, 00:00:27.720 --> 00:00:31.480 the organizations aim to streamline emissions accounting 00:00:31.480 --> 00:00:34.440 for both private and public companies. 00:00:34.440 --> 00:00:37.680 Therefore, accelerating decarbonization. 00:00:37.680 --> 00:00:39.760 More importantly, greater consistency 00:00:39.760 --> 00:00:43.320 and comparability of emissions data will unlock significant 00:00:43.320 --> 00:00:46.640 business value, helping companies improve efficiency, 00:00:46.640 --> 00:00:50.640 reduce risk, and capture opportunities in a rapidly changing 00:00:50.640 --> 00:00:51.720 business landscape. 00:00:53.040 --> 00:00:55.800 Geraldine, Sergio, it's wonderful to be with you today. 00:00:55.800 --> 00:00:58.880 Can you explain why this partnership, why now? 00:00:58.880 --> 00:01:01.800 - The work on measuring greenhouse gases has been going on 00:01:01.800 --> 00:01:04.560 for a long time and it's progressing, 00:01:04.560 --> 00:01:07.080 but it has led to a lot of fragmentation, 00:01:07.080 --> 00:01:08.480 making life very difficult, both 00:01:08.480 --> 00:01:10.640 for the users, the preparers. 00:01:10.640 --> 00:01:13.440 What we are really trying to do with this partnership is 00:01:13.440 --> 00:01:15.560 to finally bring some convergence, 00:01:15.560 --> 00:01:17.760 - And the beauty of this partnership is 00:01:17.760 --> 00:01:21.560 that we are combining our talents and our strengths. 00:01:21.560 --> 00:01:22.800 The main objective 00:01:22.800 --> 00:01:26.880 of this partnership is about contributing, supporting, 00:01:26.880 --> 00:01:29.600 and accelerating climate action. 00:01:29.600 --> 00:01:32.040 - By getting together, we really aiming 00:01:32.040 --> 00:01:36.120 to deliver jointly developed co-branded standards 00:01:36.120 --> 00:01:38.640 that will cover three areas. 00:01:38.640 --> 00:01:41.640 It will cover the corporate carbon footprint, 00:01:41.640 --> 00:01:43.800 product carbon footprint, 00:01:43.800 --> 00:01:45.520 and what is called project accounting 00:01:45.520 --> 00:01:49.200 or intervention accounting, leading to 00:01:49.200 --> 00:01:50.920 by combining standards, the ability 00:01:50.920 --> 00:01:53.520 to do much more meaningful verification. 00:01:53.520 --> 00:01:55.560 - Think about the young result, you know, 00:01:55.560 --> 00:01:58.560 what do we really want to achieve at the end of the day? 00:01:58.560 --> 00:02:00.520 What does a standard really do, 00:02:00.520 --> 00:02:02.920 and how will we know if we've been successful? 00:02:02.920 --> 00:02:05.600 - When we have good standards with good guidelines 00:02:05.600 --> 00:02:09.240 of implementation, clarity, simplicity, 00:02:09.240 --> 00:02:11.760 people can spend a lot less time on the, 00:02:11.760 --> 00:02:14.880 how am I gonna measure this to actually use it 00:02:14.880 --> 00:02:16.080 for decision making. 00:02:16.080 --> 00:02:18.680 - How do we think this partnership is really gonna add 00:02:18.680 --> 00:02:20.640 value in the world? 00:02:20.640 --> 00:02:22.960 - The key element of this partnership is 00:02:22.960 --> 00:02:26.800 that we will provide clarity through everyone 00:02:26.800 --> 00:02:29.520 to organizations, large corporation, SMEs, 00:02:29.520 --> 00:02:32.280 developed countries, developing countries, government, 00:02:32.280 --> 00:02:35.400 everyone for one single standard 00:02:35.400 --> 00:02:37.080 combining the best of us. 00:02:37.080 --> 00:02:40.520 - We have put the interests of the preparers 00:02:40.520 --> 00:02:42.720 and users of the data first. 00:02:42.720 --> 00:02:44.520 And thanks to your help, we were able 00:02:44.520 --> 00:02:48.480 to bring our organizations together in a very ambitious way. 00:02:48.480 --> 00:02:52.680 We are genuinely gonna rely on each other's work 00:02:52.680 --> 00:02:55.640 and on each other's strengths to go faster 00:02:55.640 --> 00:02:56.960 and be much more effective. 00:02:56.960 --> 00:02:58.680 - Thank you very much. I'm excited. 00:02:58.680 --> 00:03:01.440 We're enabling the future here together. Very good. 00:03:01.440 --> 00:03:02.280 Thank you.