SOCIALCARBON Insetting Framework
Status: In Public Consultation: 9th December 2024 - 31st January 2025
Description.
The SOCIALCARBON Insetting Framework offers a structured process for quantifying emission reductions and removals associated with interventions within a value chain. These requirements accommodate situations where data can be linked directly to the company’s specific supply chain, as well as instances where the affected supply may not align perfectly with the supply received by the company.
All insetting projects shall align with the latest SOCIALCARBON Standard requirements and selected methodologies. This document outlines the additional requirements and exemptions for insetting projects under the SOCIALCARBON Standard.
This document is primarily focused on providing robust procedures for quantifying Scope 3 value chain interventions and accurately calculating emission factors for goods and services impacted by these interventions. It outlines how companies can measure the reductions or removals of emissions within their value chains through effective interventions.