Green Globe International, Inc. Announces Letter of Understanding With Village Green Global, Inc. to Imbed Green Globe Baseline Standard Into SMARTweb Solution
GlobeNewswire "Press Releases "
LOS ANGELES, June 9, 2010 (GLOBE NEWSWIRE) -- Green Globe International, Inc. (Pink Sheets:GGII), the worldwide owner of the Green Globe brand, today announced a Letter of Understanding (LOU) with Village Green Global, Inc. The LOU outlines the parties' intent to imbed a Green Globe Baseline Standard into Village Green's SMARTweb® product offerings, which are promoted and marketed to a variety of industries and businesses.
Village Green Global provides reporting solutions, advisory services, and education to support better business practices and improved bottom line performance. Aligning with Microsoft Corp. in September 2009, Village Green launched the SaaS-based SMARTweb carbon emissions accounting tool. SMARTweb enables organizations to accurately gather and verify emission data using an online application, allowing for multiple levels of automated reporting not possible with manual, non-integrated systems.  Global brands such as CISCO, Daimler Chrysler and Westfield have already benefited from Village Green solutions and improved bottom line performance by reducing their environmental impact.  The company's "GET GREEN" program helps students of all ages learn energy savings processes at home that will be needed to take advantage of green job opportunities within environmental services worldwide.
"This agreement is an important first step in the expansion of our planned collaboration with Village Green Global," said Steven R. Peacock, CEO and Managing Director of Green Globe International.  "We have identified a number of specific areas of expected collaboration, and this initial agreement lays the groundwork to imbed a Green Globe Baseline Standard into the SMARTweb software.  This will serve to identify and reward each SMARTweb client for taking the initial step toward sustainability by establishing a baseline from which all future improvements can be measured."
"We are looking forward to this synergistic partnership with Green Globe, a globally recognized brand that has made huge strides towards building a better, more sustainable business environment," said Doug Smith, President and CEO of Village Green Global, Inc. and a recently announced Director of Green Globe International, Inc.
The Green Globe brand and program, which traces its roots back to the United 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.
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