The standard covers the accounting and reporting of seven greenhouse gases covered by the Kyoto Protocol – carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulphur hexafluoride (SF6) and nitrogen trifluoride (NF3). It was updated in 2015 with the Scope 2 Guidance, which allows companies to credibly measure and report emissions from purchased or acquired electricity, steam, heat, and cooling.
An effective corporate climate change strategy requires a detailed understanding of a company’s greenhouse gas (GHG) emissions. Until recently, most companies have focused on measuring emissions from their own operations and electricity consumption, using the GHG Protocol’s Scope 1 and Scope 2 framework.
What do three leading chemical, automobile, and software companies have in common? All three – Honda, BASF, and SAP – are looking to curb risks and take advantage of opportunities across their global supply chains.
Facebook, a business that relies so heavily on people’s willingness to share information, took an important step recently by sharing some details of its own. The social networking company has, for the first time, released information about its greenhouse gas (GHG) emissions.
As corporate leaders track and set more ambitious targets for reducing GHG emissions—and take a broader look at Scope 3 emissions—many are looking for a way to find new opportunities to collaborate (internally and externally). Starting this month, WRI is inviting companies to road test a new collaboration tool developed as part of the Next Practice Collaborative.
Companies around the world are increasingly measuring and managing their greenhouse gas (GHG) emissions in response to drivers like consumer preference, purchaser demands, and sustainability goals.
GHG accounting is not a static field and the GHG Protocol is constantly reviewing its publications to ensure they properly reflect the science on climate change and continue to define best practices for GHG accounting and management. One area the GHG Protocol monitors is the best available scientific evidence regarding the importance of individual GHGs, as evaluated by the Intergovernmental Panel on Climate Change (IPCC) and as reflected in the guidelines of the United Nations Framework Convention on Climate Change (UNFCCC) for national GHG emissions reporting.
I was recently at the New York Stock Exchange for the Carbon Disclosure Project’s (CDP) Spring Workshop, where I moderated a panel discussion with representatives from Walmart, Microsoft and Coca-Cola on Smart Thinking in Delivering Significant Supply Chain Emissions Reductions.
What do Apple, HP and Dell have in common – apart from making computers? They all source electronics from Foxconn, the beleaguered Chinese company under fire for working conditions at its factories. There is a clear lesson to be drawn from the ongoing Foxconn furor.
Following the launch of the Product Life Cycle and Corporate Value Chain Accounting and Reporting Standards in New York City, London, Beijing, and Tokyo, the GHG Protocol will be launching the standards in India on March 15, 2012. The event will be hosted by the World Resources Institute (WRI), World Business Council for Sustainable Development (WBCSD), and The Energy and Resources Institute (TERI). The launch event will take place in the morning and be followed by training workshops on the new standards in the afternoon.
