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GHG Protocol launches new standards for corporate value chain and products

Date: October 06, 2011

The Greenhouse Gas Protocol, a decade-long partnership between the World Resources Institute and the World Business Council for Sustainable Development, launched two new standards that will empower businesses to measure, manage and report their greenhouse gas emissions more effectively. The Corporate Value Chain (Scope 3) and Product Life Cycle Standards will enable companies to save money, reduce risks and gain competitive advantages. Lisa Nelowet Grice, ENVIRON Principal and North America Sustainability practice leader, served as one of only five private-sector senior advisors, along with WRI and WBCSD advisors, on both referenced protocols. Grice and Dave Covell, Principal in the firm’s European energy management practice, both served on the Technical Working Group of the Product Footprinting protocol.

“ENVIRON was proud to be part of the team that created these important protocols,” commented Grice. “Our clients have been more frequently choosing to report upstream and downstream GHG emissions, especially at the product level, and these protocols give us and them the clarity on how to prepare those footprints in a universally meaningful and transparent fashion.”

GHG-Protocol-Scope-3-(1).jpgAccording to the Greenhouse Gas Protocol, these groundbreaking standards establish the first internationally agreed-upon approaches for measuring and reporting GHG emissions throughout product life cycles and corporate value chains. Companies that use the standards will be able to create better products and improve efficiency throughout the value chain. In a statement released by WRI, Pankaj Bhatia, Director, GHG Protocol, commented, “Building on current best practice and extensive input from businesses, governments, and other partners, these standards will be beneficial to businesses and other stakeholders in developing strategies to reduce emissions around the globe.”.

The new standards are available at: www.ghgprotocol.org