Last week’s Rio+20 conference failed to yield strong sustainability commitments from corporations. The gap between where we need to get to avoid climate change’s worst effects and the actions companies are willing to take to get us there have never been further apart.

Since its creation in 2002, the U.S. EPA Climate Leaders Program has assisted more than 150 companies to develop and implement long-term climate change strategies. This includes developing a GHG inventory, an inventory management plan, and a GHG reduction target. To replicate the U.S. EPA Climate Leaders Program's successful model in India, WRI, U.S. EPA and the Confederation of Indian Industry (CII) Green Business Center (GBC) are partnering together to replicate the Climate Leaders program there.

Hurricane Sandy was a massive and deadly storm, extending more than 1,000 miles, bringing huge waves and more than 13 feet of water to parts of New York City. In Manhattan, floods swept away cars and overflowed subway stations.

WRI’s GHG Protocol Director, Pankaj Bhatia, delivered a keynote address on the new GHG Protocol Supply Chain Standards at the Life Cycle Management (LCM) Conference 2011. The Life Cycle Management conference series is one of the world’s leading forums for environmental, economic and social sustainability.

GHG Protocol has released a second draft of its Agricultural Guidance for open comment. The Agricultural Guidance is an international supplement to the GHG Protocol Corporate Standard that aims to customize the latter to the agricultural sector, while addressing the unique challenges posed by the sector - accounting for reversible carbon stocks in soils and biomass, setting and tracking progress toward reduction targets against a background of highly variable emissions, quantifying emissions, etc.

On the evening of April 14th, WRI filled a role not normally reserved for environmental think tanks: VIP guest at a high-profile New York restaurant opening. Otarian, now open in New York City’s West Village, is a new boutique fast-casual restaurant chain based on the principles of sustainability and vegetarianism. Otarian is also the first global restaurant chain to track the carbon footprint of all of its menu items.

The Mexico GHG Program officially transitioned from a pilot project to a permanent program on October 2, marking a significant milestone for the program partners and 30 par

On October 4th the GHG Protocol launched the new Product Life Cycle and Corporate Value Chain Standards with events in New York City and London. The global press launch of the Standards in New York City occurred in conjunction with WRI’s Corporate Consultative Group (CCG) fall meeting. CCG is a group of 150-200 representatives of large corporations, mainly sustainability managers, who are coming to engage with WRI experts – and with each other – to access environmental intelligence in order to protect and grow shareholder value and steer business to better protect the environment.

Project developers are concerned that high transaction costs and uncertainty around the acceptance of projects by governing bodies is limiting the number of projects being developed in Africa and around the world.

By Stephen Russell

New developments are driving the need for GHG accounting programs around the world to evolve more efficiently, more effectively, and at a greater scale. On the business side, there is a trend toward managing GHG emissions along the value chain. Companies are looking up and down the supply chain and throughout the product life-cycle for GHG management opportunities. As climate policy becomes a reality in industrialized and developing countries around the world, many emerging economies are adopting voluntary national GHG mitigation targets and identifying the policies and measures to best achieve them. These trends point to the need for greatly enhanced GHG accounting capacity and tools at a global scale to ensure that mitigation actions can be measurable, reportable and verifiable. 

WRI is considering developing new guidance to help government agencies, civil society organizations, and others address the question, “What effect are policies expected to have on GHG emissions?”

O programa GHG Protocol do World Resources Institute – WRI pretende contribuir com o esforço coletivo mundial em busca de uma economia resiliente e do equilíbrio climático do planeta. Para isso, desenvolve ferramentas de apoio à contabilização e reporte de emissões de GEE, como o GHG Protocol para empresas, reconhecido e adotado mundialmente. 

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.

At a May 29 launch event in Beijing, WRI introduced the GHG Emissions calculation tool for Chinese Coal-Fired Power Plants to an audience of about 100 participants. The tool will enable Chinese power companies to establish a GHG emission inventory of its operations and prepare for GHG emissions management and reduction.

WRI’s GHG Protocol Team is teaching “the new carbon math” – carbon accounting for GHG measurement and management – by developing e-learning curriculum based on GHG Protocol standards and tools. Under the GHG Management Institute, WRI will develop a series of online courses in partnership with Earth Council Geneva (ECG), the GHG Experts Network (GEN), and ClimateCheck. The institute aims to provide professional training on how to measure and manage GHG emissions. “The Institute’s philosophy is ‘if you cannot accurately measure GHG emissions, you cannot manage them’,” Michael Gillenwater, the Dean of the Institute and the Director of the GHG Experts Network, said in a press release.

Last week the annual WBCSD council meeting took place in Seoul, South Korea. This meeting included a constructive session for the Greenhouse Gas Management Working Group. Three strategic priorities for the coming years were agreed upon: 1) Business leading in carbon management, 2) Promoting harmonization in reporting programs, and 3) WRI partnership and collaboration. The first strategic priority will focus on engagement with investors and on CFO and investor relations, as well as on sharing GHG management best practices.

A new collaboration launches to develop standards for measuring and managing GHG emissions throughout the product life cycle and across the entire corporate value chain. The group is the GHG Protocol’s Product and Supply Chain Initiative, convened under the GHG Protocol. The project’s Steering Committee and technical working groups launched in September, in a series of meetings in Washington, DC and London, involving over 100 participants.