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ANNOUNCEMENT: GHG Protocol Releases Actions and Market Instruments Feedback Summary

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

Many financial institutions measure and report their own greenhouse gas emissions, but the real impact is in their value chains. To address this gap, the Greenhouse Gas Protocol and the United Nations Environment Programme Finance Initiative have begun developing guidance to help financial intermediaries assess the emissions from their lending and investments portfolios.

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Launch of the Product Life Cycle and Corporate Value Chain (Scope 3) Accounting and Reporting Standards

On October 4th, 2011 business leaders from around the world will come together to see the new GHG Protocol standards unveiled for the first time. Simultaneous events in New York City and London will be first in a series of launch events around the world. Launch events are already planned for November 18th in Beijing and November 21st in Tokyo. These groundbreaking standards establish the first internationally agreed-upon approaches for measuring and reporting GHG emissions throughout product life cycles and corporate value chains.

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New Guidelines on Supply Chain and Lifecycle Greenhouse Gas Accounting and Reporting in Planning Process

With “carbon footprint” increasingly becoming a popular buzzword within the corporate lexicon, companies are seeking more guidance on how to develop fuller and more accurate pictures of their greenhouse gas emissions, particularly in terms of supply chain, lifecycle, and product emissions. In recent months, many companies and stakeholders have been looking to the GHG Protocol to develop new guidelines on supply chain and lifecycle GHG accounting. In response to this demand, WRI and WBCSD designed a survey to assess the need for new guidelines and sent the survey to roughly 400 companies, experts, and other stakeholders.
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Program Based on U.S. EPA's Climate Leaders to be Launched in India

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.

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LCM 2011, Berlin, Germany

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.

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Open Comment Period for Agriculture Guidance

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.

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