2Sustain

Back in January, 62 companies from multiple sectors and 17 countries started road testing two new GHG Protocol standards developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).

In June, the companies submitted written feedback on their usability along with final GHG inventory reports, and a summary of the feedback is now posted on the GHG Protocol website.

The two new GHG Protocol standards –the Product Lifecycle Accounting and Reporting Standard and the Scope 3 (Corporate Value Chain) Accounting and Reporting Standard – provide methods to account for emissions associated with individual products across their life-cycles and of corporations across their value chains.

Overall, both new standards received high marks from the companies that road tested them. According to the WRI, most agree that the standards help with: (more…)

I am having a hard time determining if the findings of a new McKinsey study on how companies are viewing climate change represent good news or bad news. On the positive side we see that 60% of companies regard climate change as strategically important, yet over 33% of the responding firms state that they “seldom or never” consider climate change when developing their strategies. 

(more…)