Paradigm Shifts in Corporate Carbon Accounting and its impact on 24/7 CFE

The Greenhouse Gas (GHG) Protocol’s Scope 2 Guidance (2015) has long been the global standard for measuring emissions from purchased electricity, heat, steam, and cooling. However, rapid changes in the power sector and growing corporate ambition, especially around grid decarbonization, have highlighted gaps in the existing framework. As the guidance undergoes revision, interest in the UN 24/7 Carbon-Free Energy (CFE) Compact has surged. The Compact, coordinated by Sustainable Energy for All on behalf of UN-Energy, now includes more than 175 signatories from governments, companies, and civil society, all committed to the goal that every kilowatt-hour of electricity consumption is met with carbon-free sources every hour, everywhere.

A core driver of this shift is the recognition that annual renewable energy matching allows companies to claim '100% carbon-free' status without aligning electricity consumption with real-time, locally delivered clean generation. In response, the GHG Protocol’s proposed updates introduce more rigorous temporal (hourly) and spatial (deliverability) requirements for energy attribute certificates, changes closely aligned with the first two principles of the 24/7 CFE Compact. This webinar, hosted during the official public consultation period closing on 19 December 2025, will unpack these proposed revisions and explore their technical, market, and strategic implications. It will serve as a space for stakeholders to understand the evolving guidance and engage with a global community advancing high-impact grid decarbonization.