Nearly 60 Companies Test New Product, Supply Chain Emissions Measuring Tools

Green Biz - More than 50 corporations, including Kraft Foods, IKEA, Ford, GE and SC Johnson, are measuring the greenhouse gas emissions of their products and entire supply chains with two new standards from the Greenhouse Gas Protocol Initiative. The standards provide methods for companies to follow the emissions from individual product life cycles and companies' value chains. The standards, developed by the World Resources Institute and World Business Council for Sustainable Development, are the Product Life Cycle Accounting and Reporting Standard and the Scope 3 (Corporate Value Chain) Accounting and Reporting Standard.

More than 120 companies applied to test out the new standards and provide feedback on them, with the final standards scheduled to be published in December this year. The Product Standard looks at the entire life cycle impacts of items, and will be tested by companies that make magazines, food, jeans, computers, wind turbines, steel and other goods.

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