Social Carbon Foundation launches first-of-its-kind Insetting framework for public consultation to support value chain decarbonization

December 09, 2024

London, UK – 9th December 2024.

Social Carbon Foundation announces the release of its groundbreaking Insetting Framework for public consultation, running from 9 December 2024 to 31 January 2025. Designed to address a critical gap in the insetting space, this groundbreaking framework provides clear, actionable guidance for Forest, Land, and Agriculture (FLAG) project types, fully aligned with the GHG Protocol Scope 3.

The Insetting Framework represents a significant step forward in supporting companies to harmonise their operations with the ecosystems they depend upon, paving the way for sustainable value chains that deliver measurable climate and social benefits.

“This framework is a milestone in advancing high-integrity insetting practices that address critical challenges in reducing emissions, enhancing biodiversity, and improving livelihoods,” said Mike Davies, CEO, Social Carbon Foundation. “We are keen to get as much feedback as possible during the public consultation period and are committed to working with our partners and stakeholders to ensure this framework supports meaningful and lasting change.”

 

Key Features of the Framework

The Framework builds on the SOCIALCARBON Standard and includes several key features:

  • Real Impact: Embedding SOCIALCARBON methodologies to ensure robust quantification of insetting interventions.

  • Supply Shed Clarity: Offering clear guidance on sourcing regions to set the geographic boundary of the interventions and promote effective collaboration and traceability.

  • Holistic Approach: Supporting nature-based solutions that go beyond carbon to deliver sustainable livelihoods.

  • Credible Claims: Providing transparency on how claims can be made across value chains, including a claim allocation system.

  • Robust MRV: Leveraging technology to support cost-effective monitoring, reporting, and verification at scale.

  • Interoperability: Facilitating alignment between insetting and offsetting efforts to maximise impact.

 

Get Involved

This public consultation invites feedback from stakeholders across industries, governments, and civil society to ensure the framework reflects diverse needs and best practices.

The full framework and consultation documents are available at https://www.socialcarbon.org/insetting-framework .

To provide further insights into the framework, Social Carbon Foundation will host a webinar on 12 December 2024, offering an overview of its structure, key features, and potential impact.

Submit public comments here

 

Webinar Details:

🗓️ Date: 12 December 2024

💻 Register here: https://events.teams.microsoft.com/event/fd445277-4d9e-4f02-92fb-f5f036a97968@e04e85da-c534-437e-a4a9-6916a2642c39  

About Social Carbon Foundation

Social Carbon Foundation is a registered charity headquartered in the United Kingdom. Our high integrity standards and process innovation catalyse scalable Nature-based-Solutions to mitigate climate change, enhance biodiversity, and support sustainable livelihoods.

Social Carbon Foundation is a carbon standard setter and has developed and manages the SOCIALCARBON standard, which goes beyond carbon accounting embedding meaningful social, environmental and economic benefits in each of its projects and sharing them with their local stakeholders. As with all standards, it includes independent monitoring and verification requirements and ensures that projects comply with local laws and regulations