Green Globe International, Inc. Announces Initial Agreement with Planet Positive LLC
February 14 2011 - 9:00AM
Business Wire
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.
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.
The company encourages all shareholders and others interested in
following the progress of the Green Globe brand to subscribe to
receive email alerts whenever new information is made public. To
subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.
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. For more information on the company
and its programs, please visit www.greenglobeint.com or call
866-302-5071.
Safe Harbor Statement
This release contains forward-looking statements with respect to
the results of operations and business of Green Globe
International, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
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