Verra to Launch Scope 3 Standard in 2026: A New Era for Value Chain Carbon Tracking
Verra plans to launch a new Scope 3 standard in 2026, aiming to enable companies to address value chain emissions through market-based mechanisms. Unlike traditional offsetting, the standard is designed to support in-value-chain mitigation, allowing companies to invest in emissions reductions within their own supply chains or those of key partners. It will include specific methodologies, accounting rules, and monitoring requirements to ensure credible measurement and verification. The initiative reflects growing pressure from frameworks such as SBTi and increasing corporate focus on Scope 3 emissions, marking a structural shift in how carbon markets support corporate decarbonization strategies.
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