GHG Protocol Scope 3 and Product Standards Can Create Unfunded Mandates
NEW YORK, Sept. 12, 2011 /PRNewswire/ — (http://www.myprgenie.com) — Kuhn Associates Management Advisers LLC has made available Information Briefs by Robert W. Kuhn on the Greenhouse Gas Protocol Initiative’s (the “GHG Protocol”) well-regarded “Corporate Standard” and the latest drafts of their “Scope 3″ and “Product” Standards (these two due to be finalized and released in October 2011).
As part of the Stakeholder Advisory Group for the GHG Protocol, Mr. Kuhn has reviewed and provided comments to ensure that the Scope 3 and Product Standards are of the highest quality, user-friendly and practical for businesses. Now that the public comment period is over, the final standards are scheduled to be published in the fall of 2011.
“These new standards represent a great beginning at establishing a measurements standard, though once put into practice we will probably discover revisions. In addition, companies need to be aware that Scope 3 and Product standards implementations could have unintended consequences. For example, initiatives could lead to unfunded mandates for suppliers to which they would have difficulty committing. Supply chain partners will be asked to report on large quantities of data, but are already overstressed with the multiple requirements of many customers,” says Mr. Kuhn, “however there are non-monetary incentives available to these partners that can ease the process.”
The Information Briefs (published at Kuhn Associates website http://www.kuhnassociatesllc.com/Documents-to-Download/) are intended for organizations considering measuring the amount of Greenhouse Gas Emissions in their company, in their supply chain or those associated with a particular product or product line. The three briefs available are:
- GHG Protocol Initiative’s Corporate Standard
- GHG Protocol Initiative’s Value Chain (Scope 3) Standard
- GHG Protocol Initiative’s Product Standard
About Robert W. Kuhn
With over a decade of corporate leadership experience, Robert Kuhn combines his expertise in business management, process re-engineering and supply chain issues with his knowledge of and passion for environmental sustainability to bring the firm’s clients senior level strategic advice on sustainability issues.
For over a decade Mr. Kuhn served as CEO of a privately-held manufacturer of assembly products sold through distribution in the electronics and electrical markets. Prior to his corporate leadership experience, Mr. Kuhn was a corporate lawyer in New York City, where his practice centered on complex corporate finance transactions, with concentration on asset-backed financing.
Find out more at www.kuhnassociatesllc.com
About the Greenhouse Gas Protocol
The Greenhouse Gas Protocol Initiative is a joint project of the World Resources Institute, based in Washington, DC, and the World Business Council for Sustainable Development, based in Geneva, Switzerland. The GHG Protocol was launched in 1998 and now comprises four separate, voluntary standards for accounting for greenhouse gases (“GHGs”), including the well-regarded 2001/2004 Corporate Accounting and Reporting Standard (the “Corporate Standard”).
Contact: Donna McELroy, firstname.lastname@example.org, 800-251-4253
SOURCE Kuhn Associates Management Advisors LLC