ABSTRACT
Individually, each member company is implementing an independently established programme to limit emissions of greenhouse gases (GHGs). The consideration of all gases recognises that each is part of the climate change problem and presents opportunities for GHG management. Each corporate partner of the Partnership for Climate Action (PCA) has independently and voluntarily designed its own GHG management programme. A distinguishing feature of all the PCA members' programmes is that they have established a mass-based GHG emissions limitation, or target. The baseline, or the level of emissions in a given year, is one of the building blocks for setting a target. Some PCA companies are raising or lowering their baseline for acquisitions of existing assets or divestiture, respectively, but are not making adjustments for shutdowns, greenfield growth or organic changes in emissions. Although third-party verification is recognised by all PCA companies as important in managing their programmes and building credibility, there are some trade-offs.
