Methane is becoming a pressing “above ground risk”, a threat to the reputation, license to operate, and long term viability of an entire industry.
I came to Environmental Defense Fund from the management consulting world, and was fortunate to bring a couple of lessons with me. A simple one is that successful companies keep a finger on the pulse of the returns and risks in their industry and core businesses. The oil and gas industry has a growing risk on its hands, and that risk is methane emissions.
Independent study for EDF reveals ample opportunity for industry to use existing, affordable technologies to control emissions from onshore operations
WASHINGTON, D.C., March 3, 2014 /3BL Media/ - An independent analysis conducted by ICF International (ICF) has determined that the onshore segment of the U.S. oil and gas sector can significantly reduce emissions of methane – a highly potent greenhouse gas and the primary ingredient in natural gas – using currently available technologies and at a low annualized cost.
By Sheryl Lawry, Consultant, DNV GL – Business Assurance
As a leader in verification services since 2008 and among the top six leaders in the sustainability assurance market globally 1, at DNV GL we often receive questions from our clients during the verification process. Typically, there are long discussions around reporting on Scope 3 (supply chain and indirect product emissions), how many categories should they report on, and what is really required to be reported?
EMERYVILLE, Calif., Oct. 22, 2013 /PRNewswire/ --SCS Global Services (SCS) has independently verifiedFruit of the Loom's 2012 North American carbon footprint. This footprint will serve as the baseline against which the multinational apparel company will measure success toward reaching its 2015 goal of reducing electricity-related greenhouse gas (GHG) emissions by 40%.
Many companies have been publicly reporting on sustainability metrics for more than 20 years, and others are just getting started. As the practice is maturing and becoming more commonplace, stakeholders are beginning to ask, “Are these metrics really measuring sustainability?”
Hewlett Packard (HP) is embarking on one of the more elusive aspects of corporate sustainability - getting suppliers in line.
HP announced it is setting greenhouse gas (GHG) reduction targets for first-tier supply chain partners involved in manufacturing and transporting products. The goal is for a 20% cut in GHG by 2020 (from 2010 levels).
The company that brings us Redbox, Coinstar, Rubi coffee, and ecoATM electronics recycling kiosks recently released its 2012 CSR report. When Nicole Trimble, senior director of corporate responsibility, started working for Outerwall Inc. three years ago, there wasn’t a sustainability program in place, she told Triple Pundit. “I had to start from complete scratch.
Weyerhaeuser shared its progress toward a companywide goal to reduce greenhouse gas emissions 40 percent by 2020 in its recently published sustainability report.
By the end of 2012, total greenhouse gas emissions decreased by 28 percent compared to a base year of 2000. The company has been able to achieve this reduction by consolidating operations to higher efficiency mills and replacing fossil fuels with carbon-neutral biomass fuels.