What are the key considerations when selecting an emissions tracking framework f

When selecting an emissions tracking framework, multinational corporations must consider several factors to ensure effective implementation and compliance. Firstly, the framework should align with international standards such as the Greenhouse Gas Protocol or ISO 14064, which provide guidelines for measuring and managing emissions consistently across different regions (GHG Protocol, ISO). Secondly, the framework should be compatible with local regulations in each country where the company operates to ensure compliance and avoid legal penalties. Additionally, the framework should have the flexibility to accommodate industry-specific requirements, as emissions sources and intensity can vary significantly between sectors. It is also essential to consider the framework’s ability to integrate with existing corporate systems, such as Enterprise Resource Planning (ERP) systems, to streamline data collection and reporting processes. Finally, selecting a framework that supports scalability and future enhancements will allow the corporation to adapt to technological advancements and evolving regulatory landscapes. Key Takeaway: Choose a flexible, compliant, and integrable emissions tracking framework for multinational corporations.