Companies are moving towards better understand and manage their GHG imprint by working along their value chain and with suppliers and customers.  This supports strategic decision making for a low-carbon economy.

• Developed by the WBCSD and  the World Resources Institute (WRI), the Corporate Value Chain (Scope 3) and Product Life Cycle Standards will enable companies to better understand and measure their climate impacts beyond their own operations, save money, reduce risks, and gain competitive advantage.
• The new standards will help move businesses and reporting programs to one harmonized global reporting framework.

The Corporate Value Chain Standard reveals opportunities for companies to make more sustainable decisions about their activities and the products they produce, buy and sell.

• Large and small companies can look strategically at greenhouse gas emissions across their value chain, showing them where to focus limited resources to have the biggest impacts.

The Product Life Cycle Standard enables companies to measure the greenhouse gas emissions of an individual product.

• The product standard will help companies improve and design new products, and provide insights for more informed consumer choices by covering materials, manufacturing, use and disposal.