Markets working to support sustainable development

Oceania

SOCIALCARBON

SOCIALCARBON (Version 5, 2013) is a complementary standard that certifies carbon reduction projects for their contributions to sustainable development. It is applied to lots of different projects that have already achieved certification for their carbon reduction/avoidance activities - from small ones such as income generation intiatives for local communities, to large one including hydroelectric plants. 

The aims of the standard are to: 

Business and Biodiversity Offsets Program (BBOP)

The Business and Biodiversity Offsets Program (BBOP) is an international collaboration between over 70 companies, financial institutions, government agencies and civil society organisations. It aims to help companies to conserve biodiversity in an ecologically effective and economically efficient manner as they pursue their business goals.

Gold Standard

The Gold Standard is a set of criteria for certifying carbon offset projects and the carbon credits that they produce, focusing on energy efficiency, renewable energy, waste management and land use/forest projects. In addition, the Gold Standard Foundation are developing methodologies for water certification.

Sector: 

Climate, Community & Biodiversity Standards

The Climate, Community & Biodiversity (CCB) Standards are designed as an evaluation tool for any land management projects, including those that reduce greenhouse gas emissions from deforestation and avoid the degradation of forests (and other ecosystems), as well as projects that remove carbon dioxide by sequestering carbon (e.g. reforestation and sustainable agriculture). 

WWF Global Forest & Trade Network

Established in 1991, the Global Forest & Trade Network (GFTN) is a partnership between different actors in the timber supply chain committed to ensuring a sustainable forest sector, including more than 300 companies, NGOs, communities and entrepeneurs. 

Sector: 

Ceres Coalition and Principles

The Ceres Coalition of investors, environmental organisations and other public interest groups states it’s mission as: ‘Integrating sustainability into capital markets for the health of the planet and people’. The coalition includes many Fortune 500 companies and is involved in improving the dialogue between multiple stakeholders through engagement and disclosure.

Responsible Care

Responsible Care is a voluntary initiative in the chemical industry which ‘commits companies to work together to continuously improve the health, safety and environmental performance of their products and processes’.

It is managed by the International Council of Chemical Associations (ICCA) which is a membership organisation made up of national associations. Each of the national associations are responsible for implementing the principles of Responsible Care in their countries. 

Sector: 

The Ethical Trading Initiative (ETI)

Members of Ethical Trading Intiative (EITI) have to adopt the Base Code for ethical trading and sign up to the Principles of Implementation – these require a company to demonstrate its commitment to ethical trade, to integrate ethical trade into core business activities and drive year-on-year improvements. In addition they should support suppliers through training and capacity building and should report on their activities openly and accurately.

The ETI Base Code Principles are that:

Pages

Subscribe to RSS - Oceania