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| lori@prometsite.com

Banks to Receive Guidance on Reporting Emissions in Lending

When the 2011 Newsweek Green Rankings were published, it came as a surprise to many that seven of the worst performing US companies were financial firms. The reason for such a poor performance was inadequate reporting of emissions in corporate supply chains; in the case of financial firms, emissions from their lending and investment portfolios.

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| lori@prometsite.com

Rajkot one of 40 global cities to cut carbon emissions

Gujarat's 'solar city — Rajkot in Saurashtra — is being globally recognized as a case study for reducing carbon emissions. As per report by World Resources Institute (WRI), a US-based organization, presented at the UN Climate Change Conference in Peru, Rajkot will be able to reduce 14 per cent cent of its carbon dioxide emissions by 2016. 

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| JWinslow@wri.org

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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| lpocknell@wri.org

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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| lpocknell@wri.org

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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| skotorac@wri.org

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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| lori@prometsite.com

Otarian Restaurant in New York City Uses WRI’s Greenhouse Gas Protocol

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.

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| lpocknell@wri.org

Launch of the GHG Protocol Product Life Cycle and Corporate Value Chain Standards

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.

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