In only 5 months, Carbon Measures continues to make progress towards our objective of driving down carbon emissions through the alignment of market incentives and the actions needed to adopt low carbon solutions at scale.  

Today we’re excited to share several updates – including updates to the Technical Expert Panel, announcing two knowledge partnerships, and officially welcoming new member companies.

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Technical Expert Panel Ready to Kick Off

In partnership with the International Chamber of Commerce (ICC), we have announced the second tranche of appointments to the joint Technical Expert Panel (TEP) on Carbon Accounting. With these appointments, we are bringing together 21 experts from academia, industry, finance, and standards organizations to guide the initiative's technical work. In addition, we plan to exceed our initial expert target by 25% in the coming weeks.

The newly appointed panelists* include:

• Marwa Al-Ansary, Expert, Sustainability and Climate Technology, ICC and UNESCO (Qatar)‍
• Maria Atkinson, Net Zero Commissioner, New South Wales Government; Venture Partner, Nirman Ventures (Construction Sector); Sustainability Advisory (Australia)‍
• Alex Cantlay, Head of Carbon Insights, Shell (United Kingdom)‍
• Dickson Chin, Energy, Sustainability and Financial Derivatives Partner, Jones Day (United States)‍
• Jon Creyts, CEO, RMI (United States)‍
• Hoesung Lee, Former Chair, IPCC; President, Carbon Free Alliance (South Korea)‍
• Phuthuma Nhleko, Chairman and CEO, Phembani Group; Former CEO and Chairman, MTN Group (South Africa)‍
• Braulio Pikman, Expert Advisor, Environmental Resources Management (ERM) Brazil; Member of the UN Expert Review Team for National Inventories appointed by the Brazilian Government (Brazil)‍
• Peter Saling, Director of Sustainability Methods, BASF (Germany)‍
• Vijay Swarup, Former Senior Director of Climate Strategy and Technology, ExxonMobil (United States)‍
• Noim Uddin, Project Development and Technical Lead at the Regional Pacific Nationally Determined Contributions Hub, hosted by the Pacific Community (Australia)

They join the 10 members announced in January: Alicia Seiger, Chan Zuckerberg Initiative (USA); Amy Luers, Microsoft (USA); Armin Knors, former Bayer (Germany); Benedikt Plümper, Banco Santander (Spain); Billy Pizer, Resources for the Future (USA); Jakob Stausholm, University of Oxford and former Rio Tinto (Denmark); Kate Maher, Stanford University (USA); Koushik Chatterjee, Tata Steel Limited (India); Rachel Teo, Private Family Office (Singapore); Tatsuya “Todd” Hoshino, Mitsui & Co (Japan).

Drawing on experience across sectors and geographies, the panel will provide independent expertise to inform the development of a global approach to producing product-level carbon accounting – helping ensure the framework reflects rigorous analysis while considering the practical challenges for companies operating across complex global supply chains. The TEP’s initial focus will be to deliver, by the end of Summer 2026, a report on the current landscape to inform the development of a model carbon accounting standard, including an extensive analysis of corporate needs and existing methodologies, standards and policies worldwide.

Read the full announcement here.

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Knowledge Partnerships with McKinsey & Company and Resources for the Future (RFF)

McKinsey & Company and RFF will serve as Carbon Measures knowledge partners, providing independent analytical and regulatory expertise to help inform our technical work and strengthen our real-world applicability.

McKinsey will contribute analytical insights drawn from its experience across industrial systems, global supply chains, and sustainability initiatives. This will support our technical work by helping analyze how standards operate in different contexts, including how carbon intensity standards could affect business investment decisions, industrial production systems, and global value chains. McKinsey will help compare different policy and governance approaches and assess how standards could operate across key product categories such as steel, fuels, and fertilizers.**

As a knowledge partner, RFF, the nonpartisan energy and environmental economics think tank, will conduct impartial research on regulatory impacts on the industrial sector. This analysis on product carbon intensity standards, will include system boundaries, policy incentives, and carbon accounting; and will conduct research quantifying the impacts of product carbon intensity standards in terms of economic efficiency, affordability, and international trade, equity, and competitiveness. RFF will also use its suite of economic models to highlight how these standards compare to other policy approaches, how they perform under different economic conditions, and the role they can play within a broader climate policy mix.*** 

Together, these perspectives ensure Carbon Measures’ work is informed and both policy-relevant and grounded in real-world application.

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Continued Membership Growth

Carbon Measures’ membership now stands at 26, as we have welcomed Anew Climate, Bank of America, BKV, Mitsubishi Corporation, Svante, TotalEnergies, and Toyota since the start of the new year – an increase of 36% since launch.

These additions add new expertise from across the industrial and financial sectors, including global energy producers, financial institutions, climate technology innovators, carbon market specialists, and major manufacturers. Together, they help ensure our work reflects perspectives from across the entire value chain – from the production of key industrial products to the companies and investors helping finance, deploy, and use lower-carbon solutions.

We welcome all companies across sectors and geographies interested in contributing to this work. Organizations interested in membership can visit the Contact Us page to learn more.

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These updates are part of a larger story of momentum – one we will continue telling as the work advances. Keep checking our website for more updates in the months ahead.

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*Experts participate in their independent, personal capacities. Final outputs will reflect a diversity of perspectives and should not be interpreted as endorsements by the organizations with which the experts are affiliated.

**McKinsey’s and RFF’s roles are advisory and analytical in nature and do not include lobbying or policy advocacy. Carbon Measures remains fully responsible for our priorities, positions, and decisions.

***RFF is committed to conducting impactful, impartial, and independent research and policy analysis. RFF does not advocate or lobby on behalf of its partners, collaborators, or supporters; design or execute its efforts to the exclusive benefit of specific entities; or allow undue outside influence to impact its work. All RFF research is made publicly available on rff.org.