Issue 30

Dear Friends and Colleagues of the GHG Protocol,

Welcome to the final GHG Protocol newsletter of 2010. It has been a busy and productive two months for the team. The two new standards - the Product Accounting and Reporting Standard and the Corporate Value Chain (Scope 3) Accounting and Reporting Standard - were published for public comment. This public comment period is the final step in the development process and will be used to make additional revisions. The new standards are expected to be finalized by early 2011 and published in the spring of 2011.

The past two months also saw the release of The Greenhouse Gas Protocol for the U.S. Public Sector. This new Protocol is jointly authored by the GHG Protocol Initiative and LMI and outlines how federal, state and local governments can account for their greenhouse gas emissions. As a resource to help measure and manage climate impacts, the Protocol serves as a reference for implementing Executive Order 13514, which President Obama signed on October 5, 2009. The Executive Order requires federal agencies to report and reduce their GHG emissions over time.

To coincide with the release of the November newsletter, GHG Protocol has published a draft royalty-free Licensing Policy for public comment. GHG Protocol plans to integrate this agreement into all online calculation tools and standards in the New Year. Website visitors will be asked to sign-in before downloading all online tools and standards and will then be asked to accept or decline the license presented before them. The draft Licensing Policy is available on the website and GHG Protocol is making the Policy available for public comment for 30 days.

GHG Protocol is highlighting a new journal, published by Earthscan in cooperation with the Greenhouse Gas Management Institute. Greenhouse Gas Measurement & Management focuses on the infrastructure to support future GHG mitigation policies by providing a scholarly forum for both academic researchers and GHG professionals. Greenhouse Gas Measurement and Management is available free for academic institutions and NGOs for 2011. To request access, see the article below.

Finally, our November updates include information on new GHG Protocol guidelines in development that focus on green power products. We are also highlighting a new Carbon Middleware platform recently launched by Brighter Planet that is compliant with GHG Protocol. Please see below for further details on both of these updates.

As usual we welcome your feedback.

Best regards,

The WRI and WBCSD GHG Protocol Team

Top Stories

Public Comment Begins for the GPC draft 2.0

After a successful nine-month pilot test from May 2013 to January 2014, the Global Protocol for Community-Scale Greenhouse Gas Emission Inventories (GPC) has been revised and is now available for public comment until August 18th. The authors particularly welcome review by city officials, practitioners, and technical experts in the fields of energy, transportation, waste management, agriculture and forestry.

Scope 2 Guidance Public Comment Period

May 5, 2014 - April 25, 2014

Background

Since the Corporate Standard publication in 2004, both companies and energy suppliers have sought ways to use contractual instruments such as power purchase agreements, renewable energy certificates, Guarantees of Origin, and utility green power programs to support claims about the low-carbon attributes of purchased energy. In addition, companies have increasingly taken a holistic view towards their energy demand management and procurement. Both trends have emphasized the need for a more complete and nuanced reporting framework for scope 2.

Looking Back on 15 Years of Greenhouse Gas Accounting

By Stephen Russell

Most people are familiar with the old adage “You can’t manage what you don’t measure.” Over the past 15 years, we at WRI have certainly seen the truth in that statement.

New CDP Report in the News

A report released by CDP in December 2013 on the use of internal carbon pricing by companies as an incentive and strategic planning tool garnered widespread attention in the media.

Financial Sector Guidance Technical Working Group Participation

UNEP FI and GHG Protocol invite interested stakeholders to participate in a technical working group for the development of a financial sector GHG accounting guidance and carbon asset risk guidance. Please see the Terms of Reference for details about the Technical Working Group process and a link to Survey Monkey where you can express your interest in participation.

Members and organizations willing to participate in the process will benefit by:

FOR IMMEDIATE RELEASE: New Guidance Will Help Financial Institutions Measure Emissions from Lending and Investment Portfolios

GENEVA, WASHINGTON (October 29, 2013) – Many financial institutionsmeasure and report their own greenhouse gas emissions, but the real impact is in their value chains. In 2013, only six percent of financial companies in the FTSE Global 500 reported any emissions associated with lending and investment portfolios to CDP.

RELEASE: Launch of the First Greenhouse Gas Accounting Tool for Chinese Cities

FOR IMMEDIATE RELEASE

Contact
Wee Kean Fong, Project Manager, GHG Protocol City Project wfong@wri.org
Xiaoqian Jiang, Research Analyst, GHG Protocol City Project, xqjiang@wri.org

Scope 2 Accounting

The Scope 2 Accounting Guidance is entering its final stage of development. The document will clarify how to account for and report GHG emissions from electricity purchase and use. It will also address the role of utility emission factors, power purchase agreements (PPAs), and tracking instruments such as renewable energy certificates (RECs) and Guarantees of Origin (GOs). A final public comment period for the Guidance will begin in September 2013 with final publication scheduled for January 2014.

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