Carbon Accounting and Emissions Liability Management
As governments, investors and corporations move from signing to implementing net zero pledges, cracks have emerged in the data sources, tools and frameworks that have carried net zero to its voluntary pinnacle. In order to traverse from voluntary to compliance activities, and to move from billions to trillions decarbonization investments, it will be necessary to evolve current practice. Our research and analysis aims to offer guidance for regulators developing disclosure standards and insights for investors and executives committed to implementing net zero pledges.
SFI is actively building a new framework for climate action: Emissions Liability Management (ELM). ELM builds on greenhouse gas emissions accounting and internalizes the externality of emissions. ELM drives large-scale investment in decarbonization and carbon removal by creating clear and consistent obligations and efficient price discovery.
People
- Research Fellow
- Research Analyst
- Faculty Director, Sustainable Finance Initiative; Lewis Talbot and Nadine Hearn Shelton Professor of International Legal Studies, Emeritus
- Research Fellow
- Research Analyst
- Senior Research Scholar
- Visiting Scholar, Stanford Doerr School of Sustainability
Related Publications
- Roston, M., Maire, J., Seiger, A., & Heller, T. (2024). Pathways Versus Incentives: Climate Activism to Climate Aligned Portfolio Management. Oxford Open Climate Change, 4(1). https://doi.org/10.1093/oxfclm/kgae013
- Roston, M., Seiger, A., & Mathieson, A. (2024). What’s Scope 2 Good For?. Oxford Open Climate Change, 4(1). https://doi.org/10.1093/oxfclm/kgae011
- Zhang, X. (2024). Steering Towards Net Zero Mobility. Sustainable Finance Initiative.
- Roston, M., Seiger, A., & Heller, T. (2023). What’s Next After Carbon Accounting? Emissions Liability Management. Oxford Open Climate Change. https://academic.oup.com/oocc/article/3/1/kgad006/7227721
- Kaplan, R., Ramanna, K., & Roston, M. (2023, July). Accounting for Carbon Offsets. Harvard Business Review. https://hbr.org/2023/07/accounting-for-carbon-offsets
- Kaplan, R., Ramanna, K., & Roston, M. (2023). Accounting for Carbon Offsets – Establishing the Foundation for Carbon-Trading Markets. SSRN. https://doi.org/https://dx.doi.org/10.2139/ssrn.4362921
- Roston, M., Seiger, A., & Heller, T. (2022). The Road to Climate Stability Runs through Emissions Liability Management. Sustainable Finance Initiative.
- Seiger, A., & Heller, T. (2021, September). Developing Climate Risk Disclosure Practices for the State of California.
- Heller, T., & Seiger, A. (2021). Settling Climate Accounts: Navigating the Road to Net Zero (1st ed.). Palgrave Macmillan. https://doi.org/10.1007/978-3-030-83650-4