The reporting boundary to be followed for climate change and greenhouse gas emission disclosure is set parallel to the entities as reported on in the consolidated financial statements. The Framework does not specify any calculation rules, but recognizes various accounting schemes, like the Greenhouse Gas Protocol, ISO14064-1, and many other global and national schemes and guidance. The Sustainability Disclosure Framework is new and will provide accounting standards for each of the 89 SICS industries (Sustainable Industry Classification System). Each standard will be divided into management disclosures and performance disclosures for both impact and innovation opportunities.