Global sustainability standard created by GreenBiz.com, UL Environment

by Rebecca Walker — May 31, 2010—A global sustainability standard for business is being developed through a partnership between GreenBiz.com and UL Environment, a business unit of the venerable Underwriters Laboratories, the 115-year-old standards and certification organization best known for its ubiquitous “UL” logo associated with safety assurance on millions of products.

UL Environment was established 18 months ago to do for the environment what UL has done for safety: create credible standards where they are needed. The initial focus of UL Environment has been on product standards.

For about a year, members of GreenBiz.com have worked with UL Environment officials to develop and commercialize a company-level standard for sustainability to be used as a procurement tool for companies, government agencies, and others.

The first draft of the standard has now been completed and is beginning a robust process of stakeholder feedback. The plan is to have a final version ready for the marketplace later this year.

For more information, see the GreenBiz Web site.