Guidance launched to help value low carbon commodities

In parallel, many standards have embedded sustainability factors into their certified goods that command a price premium, though largely to date through process-oriented evaluations.

The next frontier is to capture more granular sustainability data in purchased goods and services that can also be used for reporting to key targets or commitments, further boosting the value of those goods.


Scope 3 Value Chain Interventions Guidance

Many companies are motivated to set value-chain GHG emissions targets and report on their progress, using approaches such as the Greenhouse Gas Protocol and the Science Based Targets Initiative. As part of their reduction strategy, companies may employ 'Interventions' to help partners upstream and downstream reduce emissions. Yet to date, emission reductions at this level could not be accounted for in the leading GHG accounting frameworks. Thus, companies were not recognised, nor incentivised to invest in these types of projects or programmes. 


Scope 3 Reductions Key for Credible Net Zero Strategies

In some cases, greenwashing claims are merited. In others, companies may lack the data, tools, or expertise to create best practice strategies with detailed plans to achieve them. The limiting factor for many companies underpinning all three is the complex challenge of Scope 3, or value chain emissions.


Value Change in the Value Chain: Best practices for Scope 3 Greenhouse Gas Management

3 December 2018, Katowice, Poland – On the opening days of COP24, Gold Standard, the Science Based Targets initiative, Danone, Mars and Livelihoods Fund have released a suite of new solutions>> to remove barriers to addressing corporate value chain emissions, under the banner of “Value Change.”


Soil Carbon Guidance

Focusing first on the food & beverage sector, this Soil Guidance is aimed at any company with a Scope 3 emissions reduction target that seeks to account for interventions that impact total net Soil Organic Carbon (SOC) associated with purchased goods and services. It demonstrates how to quantify carbon sequestered in soil, a severely neglected source of carbon sinks and a linchpin in farmer productivity.