Green Globe International, Inc. Announces Initial Agreement with Planet Positive LLC
Green Globe International, Inc. (OTC: GGII) today announced that it has entered into a Memorandum of Understanding with Planet Positive International, owner of the Planet Positive environmental accreditation program, under which the parties will identify mutually beneficial business opportunities in the United States.
“The FiscallyGreen brand offers us a number of opportunities to deliver some outstanding added value. Planet Positive is looking forward to exploring all the possibilities and ultimately creating a global platform for environmental certification that provides benefits to both Green Globe and Planet Positive customers and partners”
Planet Positive is an international environmental certification for businesses, products, buildings, events and people. Certification includes a carbon footprint report, an action plan including employee engagement materials to help make reductions in energy, carbon and costs, marketing materials for the client to communicate their success and a community investment element through the not-for-profit Planet Positive Foundation. Planet Positive's online certification is ideal for large organizations looking to measure carbon in their supply chain enabling them to apply a level of environmental assurance to their suppliers. It goes beyond compliance by delivering monthly energy efficiency advice and behavior change materials to reduce carbon and environmental impacts.
Planet Positive International licenses its intellectual property to operating companies in the United Kingdom and the United States.
“We have been seeking to identify a quality, entry level certification program for businesses in the United States, and Planet Positive has a comprehensive, but easy-to-use, online tool that may be an excellent fit,” said Green Globe International Managing Director and CEO Steven R. Peacock. “There are a number of ways we may work with Planet Positive, including a fee arrangement for introducing clients for certification, or utilizing there their software program in the U.S. under a licensing agreement or possibly both. Whatever the format, the program would be operated by the public company under a new name, “FiscallyGreen,” and would not be competing in the same markets with the Green Globe certification program, which will continue to be operated out of Green Globe, Ltd, a UK corporation.”
“The FiscallyGreen brand offers us a number of opportunities to deliver some outstanding added value. Planet Positive is looking forward to exploring all the possibilities and ultimately creating a global platform for environmental certification that provides benefits to both Green Globe and Planet Positive customers and partners,” said Jon Gaster, Group Chairman of Planet Positive LLC.
The Green Globe brand and program, which traces its roots back to the Unite d Nations Rio de Janeiro Earth Summit in 1992, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development, has primarily been used in the travel and tourism industry but is now being expanded to include a growing number of environmentally responsible businesses in a variety of market sectors. The Green Globe brand is an ideal symbol for the world’s increasing awareness of environmental responsibility and response to global climate change.
About Green Globe International, Inc.
Green Globe International, Inc., through its 88% majority ownership in Green Globe, Ltd., a UK corporation, is the worldwide owner of the Green Globe brand, the recognized leader of sustainability certification and benchmarking programs, carbon footprint calculation and offset programs, and a broad range of consulting services. Green Globe International is an affiliate member of the United Nations World Tourism Organization, and the World Travel & Tourism Council (WTTC), the business leaders’ forum for the travel and tourism industry, is a major shareholder of Green Globe International.
