China will implement 18 new national standards for corporate greenhouse gas (GHG) emission accounting starting April 1, the State Administration for Market Regulation announced on March 31.
Source: Xinhua News Agency
China will implement 18 new national standards for corporate greenhouse gas (GHG) emission accounting starting April 1, the State Administration for Market Regulation announced on March 31. These standards apply to key industries, including foundry, non-ferrous metals, chemicals, building materials, mining, machinery, transportation, agriculture, electronics, food production, and waste management.
The new standards aim to address long-standing issues in corporate carbon accounting, such as unclear boundaries and inconsistencies in data recognition. They establish uniform guidelines on what to measure and how to measure it, providing clear rules for defining industry-specific accounting boundaries, identifying emission sources, collecting activity data, and selecting emission factors. This standardized approach will help businesses more accurately calculate and report their carbon emissions. By analyzing emissions from specific processes, companies can pinpoint high-carbon operations, implement targeted measures to cut emissions, drive technological innovation, and adopt greener, low-carbon technologies. The standards will also help businesses navigate international carbon trade regulations.
With these additions, China has now issued a total of 46 national standards for corporate carbon emission accounting and reporting, covering major industries such as power generation, electricity grids, steel production, mining, electronics manufacturing, and land transportation—effectively achieving full coverage of high-emission sectors. The rollout of these standards will help businesses gain a clearer picture of their carbon footprint, improve data integration across supply chains, and promote coordinated efforts to reduce emissions. More broadly, they encourage companies to move from passive compliance to proactive emission management, contributing to a more standardized, regulated, and science-based approach to greenhouse gas management nationwide.
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