Commodities like palm oil, cocoa, beef and soy may change hands dozens of times from the moment they are harvested until they end up in candy bars, toothpaste or baby formula, making deforestation tracking a very complex puzzle. Today, it is finally possible for a company or bank of any size to analyze and manage deforestation risk using GFW Pro.
More than 360 companies committed to eliminate deforestation from their supply chains by 2020. Most are not on track to meet this target, but Global Forest Watch Pro can help.
Corporations increasingly claim that their products reduce emissions. But these claims are often unverifiable or inaccurate, according to WRI's investigation of more than 300 companies.
There is considerable interest among companies in claiming that their products can help avoid greenhouse gas emissions compared to other products in the marketplace. While it’s true that the use of some products can help to avoid GHG emissions, accurately measuring a product’s impact—whether...
Ending Tropical Deforestation: Mining Global Financial Data to Increase Transparency and Reduce Drivers of Deforestation
The climate and forest community has not yet harnessed the full power of the information age to create transparency in the global commodities markets. There exists a wealth of global financial data that can reveal the financial drivers of deforestation. Using the power of big data, forest...
Ending Tropical Deforestation: Jurisdictional Approaches to REDD+ and Low Emissions Development: Progress and Prospects
The jurisdictional approach (JA) to REDD+ and low emissions development has gained considerable currency in recent years. As understood here, JA refers to a government-led, comprehensive approach to forest and land use across one or more legally defined territories. Multiple efforts directed at...
Hundreds of companies with exposure to deforestation driven by palm oil, beef, soy, or wood production have committed to addressing deforestation. Many of these commitments have been made in the context of the Consumer Goods Forum Zero Net Deforestation Commitment, the Tropical Forest Alliance...
An effective corporate climate change strategy requires a detailed understanding of a company’s greenhouse gas (GHG) emissions. Until recently, most companies have focused on measuring emissions from their own operations and electricity consumption, using the GHG Protocol’s Scope 1 and Scope 2 framework. But what about all of the emissions a company is responsible for outside of its own walls—from the goods it purchases to the disposal of the products it sells?
The GHG Protocol Scope 3 Standard, released in late 2011, is the only internationally accepted method for companies to account for these types of value chain emissions. Building on this standard, GHG Protocol has now released a new companion guide that makes it even easier for businesses to complete their scope 3 inventories. The guidance is freely available for download via the GHG Protocol website.
How Can Businesses Use the New Guidance?
Assessing GHG emissions across the entire value chain can be complex. For companies just beginning to assess their scope 3 emissions, it can be difficult to know where to start. This calculation guidance is designed to reduce those barriers by providing detailed, technical guidance on all the relevant calculation methods. It provides information not contained in the Scope 3 Standard, such as: