February 18, 2010

More than 50 corporations, including Kraft Foods, IKEA, Ford, GE, and SC Johnson, are measuring the greenhouse gas emissions of their products and 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.