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Environmental, Health & Safety :: Environmental Management

August 1, 2007

Greenhouse Gases An Effective Strategy for Managing GHG Emissions

Follow this step-by-step guidance to fulfill the three critical elements of an effective GHG-management strategy

James Sullivan and Manuel Oliva, U.S. Environmental Protection Agency

Climate change has become an important strategic issue for many operating companies throughout the chemical process industries (CPI). Public interest is increasing,1 shareholder interest continues to mount,2 and climate policy discussions are actively taking place at the state, regional, and federal levels.3 Developing an effective corporate strategy for managing climate change, to measure, track, and reduce company-wide greenhouse gas (GHG) emissions, is an essential element for any organization to begin addressing this critical environmental issue. As the saying goes: “You cannot manage what you are not measuring.”

Fortunately, thanks to comprehensive engineering and accounting efforts in this regard over recent years, the development of an effective climate-change business strategy has become a fairly straightforward process, and today there are many resources available to assist companies....

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