If you want to know what your peers think about some of the most widely watched protocols for greenhouse gas emissions reporting, you can now read a summary of road tests by five dozen multinational companies including the likes of Ford, General Electric, PepsiCo and Pfizer.
These businesses have been using two of the new protocols — the Product Lifecycle Accounting and Reporting Standard and the Scope 3 (Corporate Value Chain) Accounting and Reporting Standard — since January 2010.
As you might expect, the former is focused on evaluating and tracking certain products; the latter looks more holistically at what’s going on in a company’s upstreawm supply chain, which is becoming an increasing concern for larger companies that outsourcing large portions of their manufacturing and distribution process.
Both were developed by the World Resources Institute and the World Business Council for Sustainable Development.
Here’s some perspective from Robert ter Kuile, senior manager of energy and climate change for PepsiCo:
We’re really looking forward to having a standard that can be used globally, for communication across a broad range of stakeholders. Road testing the Product Lifecycle standard has enabled us to engage with other multinational organizations and to join in conversations with NGOs, governments and academic institutions. When you bring these organizations together, to write a standard, that is going to be the standard that everybody follows, and PepsiCo wanted to make sure that we not only learned from the process, but that we also had the opportunity to contribute.
Feedback on the reporting methods are available on the Greenhouse Gas Protocol Web site.
Updates to the revised standards will be made available for public comment at approximately the end of September. The final text is anticipated at the end of 2010, with updated frameworks expected by March 2011.
