The GHG Protocol was created by the World Resources Institute and the World Business Council for Sustainable Development. It has created global standardized frameworks to measure and manage greenhouse gas (GHG) emissions from private and public sector operations and value
Global Reporting Initiative (GRI) established
The GRI was established to ensure accountability to the Ceres Principles for responsible environmental conduct.
Kyoto Protocol adopted, setting emissions targets to address global warming
The Kyoto Protocol is an international treaty that extended the 1992 United Nations Framework Convention on Climate Change. Signatories to the Protocol committed to limit and reduce greenhouse gas emissions through targets individually set by each nation. The Protocol came
International Corporate Governance Network (ICGN) established
ICGN was established as an investor-led network to promote “the highest standards of corporate governance and investor stewardship worldwide in pursuit of long-term value creation, contributing to sustainable economies, societies, and the environment”.
Earth Summit held in Rio de Janeiro
Representatives from 179 countries attended the UN Conference and Environment and Development – often referred to as the “Earth Summit” – to discuss global sustainability. Accomplishments of the Conference included: Agenda 21, calling for new strategies of investment to achieve