Addressing value chain emissions Scope 3 solutions
Consensus-driven guidance, tools and resources to help companies tackle their climate impact up and down their value chains, creating value for their business, their partners and our global society.
Value Change is a consortium of ambitious, committed organisations writing a playbook for positive change. Together with leading corporate actors, civil society, and internationally recognised frameworks, we move beyond theory; learning, defining, challenging and co-creating practical solutions to drive implementation of Scope 3 action at scale.
Value Change features guidance documents and tools corporates can use to reduce emissions in their value chains and to credibly report on these outcomes in line with best-practice accounting and reporting framework such as the GHG Protocol and Science-Based Targets.
VALUE CHAIN (SCOPE 3) GUIDANCE
Value Chain Interventions Guidance
ENSURING INTERVENTION LEVEL EMISSION REDUCTIONS ARE RECOGNISED BY ACCOUNTING PROTOCOLS
Often, the most meaningful change can come from interventions that help partners upstream and downstream reduce emissions. Yet emission reductions at the intervention level previously could not be accounted for in the leading GHG accounting frameworks, like the GHG Protocol. Thus, companies have not been recognised for these emission reductions in their corporate footprint, limiting the incentive to invest in these projects and programmes.
Value Chain Interventions Guidance enables reporting on emissions reductions toward performance targets, in line with common accounting frameworks like the GHG Protocol.
December 2019: To provide greater clarity and further options, Value Change members have developed two update addendums to the guidance, covering 'Supply Shed' and 'Accounting'. These concepts will remain under review until fully accepted and approved by the Greenhouse Gas Protocol.
VALUE CHANGE IN THE VALUE CHAIN: BEST PRACTICES IN SCOPE 3 GREENHOUSE GAS MANAGEMENT
HOW TO PRIORITISE OPPORTUNITIES AND REDUCE VALUE CHAIN EMISSIONS
This guidance outlines the various levers for reducing value chain emissions — business model innovation, supplier engagement, procurement policy and choices, product and service design, customer engagement, and investment strategies. It helps companies navigate these to set the most effective strategies for their own business.
SECTOR SPECIFIC GUIDANCE
GUIDANCE FOR SOIL ORGANIC CARBON (SOC)
HOW TO DEFINE, MONITOR AND REPORT ON INTERVENTIONS THAT IMPACT SOIL ORGANIC CARBON
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.
HOW TO GET INVOLVED
To make net-zero value chains possible by 2050, we need organisations committed to delivering positive environmental and social impact up and down their value chains.
We plan to develop further guidance and tools for priority sectors, including transport and Pulp & Paper. The focus and scope of Value Change activities is based on member’s interest. Find out more about Value Change workstreams and how to get involved here..
VALUE CHANGE CASE STUDIES
Barry Callebaut’s ‘Forever Chocolate’ programme plans to make sustainable chocolate the norm by 2025. Read this case study to see how the world’s leading chocolate supplier is helping to ensure future supplies of cocoa, providing measurable climate benefits and improving productivity and farmer livelihoods.(View the Case study by clicking on the image below)
Mars, Gold Standard and Sustainable Food Lab are helping Australian farmers measure and reduce net greenhouse gas emissions from wheat. Read this case study to find out how this initiative has improved soil health, created greater resilience to weather shocks, produced higher yields and reduced net GHG emissions.