Beirut, Lebanon, August 19

V4 Advisors SAL has become the first company in the Middle East and North Africa to be awarded the "Built on GHG Protocol" mark from the Greenhouse Gas (GHG) Protocol, the most widely used international accounting tool for government and business leaders to understand, quantify, and manage greenhouse gas emissions. The GHG Protocol is the result of a decade-long partnership between two internationally-recognized organizations, the World Resources Institute (WRI), and the World Business Council for Sustainable Development (WBCSD).

Based on the GHG Protocol Corporate Standard, V4 Advisors has developed a "Corporate Greenhouse Gas (GHG) Online Calculator" to empower businesses in Middle East to measure, manage, and report their greenhouse gas emissions. V4 Advisors' calculator is based on international norms and protocols to ensure credibility, as well as local emissions factors to ensure reliability. V4 Advisors is the first entity in the MENA region to develop such a tool that is both internationally recognized yet tailored to local and regional circumstances.

Pankaj Bhatia, director of the GHG Protocol noted, "We are delighted that V4 Advisors has earned the "Built on GHG Protocol" mark, based on their Corporate GHG Calculator. "The Mark is intended to signal to businesses and policymakers that a certified organization's tool is reliable and consistent with GHG Protocol standards."

Souheil Abboud, Director of V4 Advisors said, "We are proud to receive the "Built On GHG Protocol" mark from the internationally renowned World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD). This achievement is not only important to V4 Advisors' drive to lead in the field of environmental audit and reporting, but it also gives international credibility to an industry that is still at its infancy in the region. We are proud to have achieved this milestone, which we could not have been attained without the hard work and support of the World Resources Institute team." Mr. Abboud further noted, "We are looking forward to helping empower businesses in the Middle East to monitor their GHG emissions using this high-quality standard."

The Built on GHG mark was awarded to V4 Advisors' GHG Corporate Calculator platform, which currently caters for the Gulf Cooperative Council (GCC) states and the Levant region.

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About the Greenhouse Gas Protocol
The Greenhouse Gas Protocol (GHG Protocol) was jointly convened in 1998 by the WBCSD and the WRI; while the WRI focuses on the intersection of the environment and socio-economic development, the WBCSD is a coalition of 200 international companies united by a shared commitment to sustainable development via the three pillars of economic growth, ecological balance and social progress.

About V4 Advisors
V4 Advisors is a consulting, advisory and project development company specialized in the field of environment with emphasis on climate change, air pollution and emission reduction. Our experience includes a number of projects that have significant benefits to the local economies from a social, environmental and financial perspective.


For further information: Souheil Abboud, Managing Director
Webpage: www.V4Advisors.com,
Email: info@v4advisors.com 

© Press Release 2013