Because the value of fossil fuel companies is based on the size of their reserves, it may seem counter-intuitive to see some of these assets as potential risks. But changes in market or economic conditions can make some reserves too expensive to tap, leaving them stranded – and their owners more vulnerable than the size of their reserves would indicate.
Fossil fuel companies hold vast oil, gas and coal reserves that help determine their market value. These reserves are also the basis to understanding the potential climate risks of burning these fuels. Yet not a single fossil fuel company in the world discloses potential emissions from their reserves – and that is a big problem.
This week, the Smart Freight Center released the GLEC Framework, a guide for shippers, carriers and logistics service providers on how to report emissions from logistics operations. It is meant to be used in conjunction with the Corporate Standard, and it has earned the “Built on GHG Protocol” mark for its compliance with GHG Protocol’s requirements.
The GHG Protocol offers two new online courses for policymakers and analysts at either the national or local level. The courses are intended to help users understand the Policy and Action Standard and Mitigation Goal Standard and apply the standard to their specific circumstances.
For many businesses, value chain (scope 3) emissions account for more than 70 percent of their carbon footprint. Measuring and managing these emissions can motivate a company to do business with greener suppliers, improve the energy efficiency of its products, and rethink its distribution network -- measures that significantly reduce the overall impact on the climate.
On January 20, the GHG Protocol released the Scope 2 Guidance: an amendment to the Corporate Standard. It is the first major revision to the Corporate Standard in over 11 years. To help companies start implementing the Guidance, here are a few answers to the top ten questions you might have and where to find more information in the Guidance document.
The Greenhouse Gas Protocol and Quantis have joined forces to develop and launch the Scope 3 Evaluator - a free, web-based tool that allows users to make an initial, rough approximation of their full Scope 3 footprint, regardless of the size or type of organization. Read the full press release here.
Rio de Janeiro is one of the world’s leading cities injecting sustainability into its planning. In 2011, Mayor Eduardo Paes enacted an ambitious climate change law, setting a goal to avoid 20 percent of its emissions by 2020, based on 2005 levels. There was only one problem: The city wasn’t sure just how much it was emitting, or where its emissions were coming from.
China just announced a mitigation goal to peak its emissions by 2030 or earlier, while the United States committed to reduce its national emissions by 26-28 percent below 2005 levels by 2025. And countless other cities and countries have set similar emissions-reduction targets.
Tunisia launched its renewable energy program, PROSOL ELEC, in 2010 to scale up solar photovoltaic systems in buildings throughout the country. The National Agency for Energy Conversation (ANME) anticipated that the greater use of solar power would help curb climate change, but experts didn’t quantify just how much the program would reduce the country’s greenhouse gas emissions.
The Greenhouse Gas (GHG) Protocol, developed by World Resources Institute (WRI) and World Business Council on Sustainable Development (WBCSD), sets the global standard for how to measure, manage, and report greenhouse gas emissions; these standards are used by thousands of companies to become more efficient, resilient, and prosperous organizations. Hundreds of industry professionals have learned greenhouse gas accounting from WRI experts through in-person and webinar trainings. Now, the same expert instruction is available to you on a low-cost and convenient e-learning platform. Online courses have been developed for the following GHG Protocol standards:
The Greenhouse Gas Protocol launched a new guidance this week to help agricultural companies measure and manage their greenhouse gas (GHG) emissions from crop and livestock production. It is the first such international guidance for the sector, and will help underpin efforts to mitigate agriculture’s environmental impact.
Brazil’s farms are major, global producers of beef, soybeans, sugarcane, coffee, rice, and more. Yet they’re also major producers of greenhouse gas emissions. Two new resources aim to reduce the emissions intensity of Brazil’s agricultural sector.
As India continues to experience the impacts of climate change in the form of changing rainfall patterns, heat waves, and coastal flooding, businesses are increasingly recognizing the need to mitigate and adapt. The problem is that many lack guidance on where to begin.
A report released by CDP in December 2013 on the use of internal carbon pricing by companies as an incentive and strat
Key environmental, sustainability and operational representatives from fourteen leading Indian businesses participated in the first ever GHG Clinic, i.e. capacity building and technical workshop on developing corporate inventories based on the GHG Protocol Corporate Standard and the Corporate Value Chain Standard.
To help Chinese cities measure and manage their GHG emissions, last week in Beijing WRI, Institute for Urban and Environmental Studies of the Chinese Academy of Social Sciences (CASS), WWF China, and Institute for Sustainable Communities (ISC) jointly launched a new GHG Protocol tool, called the Greenhouse Gas Accounting Tool for Chinese Cities (Pilot Version 1.0).