11/05/2025 | Press release | Distributed by Public on 11/05/2025 11:11
Environment and sustainability
Seeking nominations for a new independent expert panel, which will develop guidelines and implementation steps for a global carbon emissions accounting system based on financial accounting principles.
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The International Chamber of Commerce (ICC) and Carbon Measures - a global coalition of leading businesses committed to advancing a ledger-based carbon accounting framework - are seeking a select group of top experts to join a Technical Expert Panel (TEP) on Carbon Accounting.
The experts are solicited from a range of perspectives and geographies from academia, financial accounting, industry and civil society. Together, the expert panel will define the principles, scope and applications of a carbon emissions accounting system modelled on financial accounting principles.
The system would provide accurate, transparent, verifiable, and timely company-level and product-level data, ensuring every tonne of carbon emissions is counted only once and attributed correctly at each step of the value chain.
The panel will:
For experts
The Technical Expert Panel will comprise up to 20 highly qualified representatives with expertise in carbon emissions accounting, business governance, chemistry and geosciences, financial accounting and assurance, policy design and development or related work.
Panellists will be selected by the Secretariat, in consultation with the Co-Chairs of the TEP ("TEP Co-Chairs"), with nominations and recommendations accepted from universities, private sector entities, governments, foundations, civil society organizations and individuals. Selection will prioritise subject matter expertise and will aim for geographic diversity whenever possible.
Panellists will represent themselves in an individual capacity, and this designation will follow the expert if/when associated institution(s) or employer(s) change.
At the outset, experts will be asked to make a two-year-long commitment to attending 1-2 monthly calls and undertaking 6-10 hours of independent document review per month. Public engagements may be offered to panellists as appropriate. These expectations may vary based on the initiative's progress, but active and consistent participation will be expected from all panellists.
To nominate an expert to the panel, send a CV and covering note to [email protected]. Nominations will be reviewed on a rolling basis until 9 January 2026.
Once reviewed, promising candidates will be invited to have a video call with the host organisations to discuss personal qualifications and goals in more detail.
For Advisory Group members
The panellists' work will be supported by an Advisory Group of 25 members, comprising representatives of the private sector and non-profit organisations. Advisory Group members - represented by their CFOs, CSOs or other C-suite leaders, as appropriate - will be selected based on their willingness to act as ambassadors for the initiative, as well as progress the panel's work by providing in-kind and/or financial support.
The Advisory Group will meet no less than four times a year, with calls with individual entities scheduled on an as-needed basis.
Organisations interested in joining the Advisory Group are welcome to share their motivations, related work and a brief overview of expected contributions.
Initial suggestions may include:
To submit an expression of interest for the Advisory Group, send a covering note to [email protected]. Nominations will be reviewed on a rolling basis with an aim to finalise the Group's composition in May 2026.
Further details
The panel will be co-chaired by Amy Brachio, CEO of Carbon Measures, and Karthik Ramanna, Professor of Business and Public Policy at the University of Oxford. S&P Global Insights will serve as the panel's knowledge partner, providing research, data acquisition, expert analysis and independent thinking. The panel is expected to be fully formed in early 2026.
"This panel will bring together experts from around the world-representing the financial accounting, chemical engineering, business, and academic communities-to develop the principles and implementation pathways to make a global carbon accounting framework a reality," said Amy Brachio, CEO of Carbon Measures.
2025 is a critical year for the Paris Agreement. Ten years on, we need to rethink how we frame the challenge. And seeing challenges differently is what business and we are all about.
ICC is committed to securing what businesses need at the upcoming climate negotiations, COP30, in Belém, Brazil. Learn more about our Opportunity of a Lifetime climate campaign and how to get involved.