Joint Statement on Biogenic Carbon Accounting

and Harmonization Between Product Carbon Footprint and Corporate Inventories

We, the undersigned, call for equivalent treatment of biogenic and fossil carbon in value chain GHG accounting and product carbon footprinting to support science-based decision making. We believe that this can only be achieved through GHG emission accounting approaches that recognise both uptake and emissions of biogenic carbon and the equivalent treatment of biogenic and fossil carbon on recycling and at end of life.