Measuring and Reporting Carbon
The Carbon Disclosure Project
The Carbon Disclosure Project is an independent, non-profit organization holding the largest database of primary corporate climate change information in the world.
The Global Reporting Initiative (GRI)
The Global Reporting Initiative (GRI) is a network-based organization that has pioneered the development of the world’s most widely used sustainability reporting framework. Sustainability reports based on the GRI framework can be used to benchmark organizational performance with respect to laws, norms, codes, performance standards and voluntary initiatives; demonstrate organizational commitment to sustainable development; and compare organizational performance over time.
Regional Initiatives
Grenelle de l’Environnement
France’s Grenelle de l’Environnement, or Environmental Roundtable, is an open multi-party debate that reunites government and organizations (industry, labor, professional associations, non-governmental organizations) in order to define new actions for sustainable development, including the Grenelle 2 eco-display bill that will roll out in 2012.
As part of the Grenelle 2 legislation, consumer goods companies will be displaying product-level environmental impacts.
The Carbon Reduction Commitment (CRC)
The Carbon Reduction Commitment (recently renamed the CRC Energy Efficiency Scheme) is the UK’s first mandatory carbon trading scheme. The aim of the CRC is to reduce the level of carbon emissions currently produced by the larger ‘low energy-intensive’ organizations by approximately 1.2 million tones of CO2 per year by 2020. The Carbon Reduction Commitment covers both public and private sector organizations and is expected to affect approximately 5,000 organizations in the UK. The scheme works in tandem with the existing European Union Emissions Trading Scheme and Climate Change Agreements.
The European Ecolabel
The European Ecolabel is a voluntary scheme to encourage businesses to market products and services that are kinder to the environment. The EU Ecolabel is part of a broader action plan on Sustainable Consumption and Production and Sustainable Industrial Policy adopted by the Commission.
