Ford Motor Company (NYSE: F) has become the first automaker to join The Climate Registry (TCR), a non-profit organization established to measure and publicly report greenhouse gas emissions.
As of last month, 75 corporations, non-profit organizations, cities and
counties report greenhouse gas emissions to the registry, which began
last year and now has 31 U.S. states as charter members, as well as
several Mexican states and Canadian provinces.
TCR represents a linking of several state-sponsored GHG emissions reporting efforts, including the California Climate Action Registry and the Eastern Climate Registry. TCR’s reporting protocol is based on the internationally recognized GHG emissions measurement standards of the World Resources Institute and World Business Council.
"We endorse the TCR’s reporting process because it has adopted the WRI/WBCSD reporting structure, which will ultimately lead to a common, single reporting standard worldwide," said Larry Merritt, manager, Global Environmental Policy, Ford Motor Company. "A single reporting standard is easier for its members and administrators to manage and more cost effective than developing new tools on a state-by-state basis."
Following TCR’s reporting process will allow Ford to focus its resources on finding and implementing GHG emissions reduction projects rather than comprehending and implementing complex, disparate reporting requirements around the world, the company said.
To become a TCR member, Ford must demonstrate environmental stewardship in several areas by voluntarily committing to measure, independently verify and publicly report GHG emissions.
Last month Ford announced plans for reducing greenhouse gas emissions from its vehicles 30% by 2020. Last week the company received an award for brownfield development.
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