WRI welcomes new principles for good governance in corporate standards

A coalition of civil society organisations has released a set of Principles for Good Governance in Corporate Standards, calling for strong scientific foundations, transparent decision making, balanced stakeholder participation and safeguards against conflicts of interest.

More than 40 organisations and experts from around the world have backed the ten principles. They come as several major corporate climate standards are undergoing significant revisions and as companies and governments increasingly rely on these standards to measure emissions, set targets and inform climate action.