Scope 3 emissions often represent the majority of a company’s emissions, but abatement is not being achieved at the scale needed. Enabling companies to scale up Scope 3 emissions abatement via value chain interventions is a critical element of a global climate strategy.
This white paper, co-authored by SustainCERT and Verra, presents a solution to Scope 3 accounting challenges via a Value Chain Intervention Framework (VCIF). The VCIF repurposes established methods for Scope 3 emissions accounting, presenting a pathway for companies to account and report the impacts of value chain interventions. This is supported by a Theory of Change, demonstrating how the framework enables large-scale value chain decarbonization via increasing incentives and minimizing risks for value chain interventions.
Key insights include:
- Project-based emissions accounting: Learn how project-level data can be used to quantify and report emissions reductions within global climate boundaries.
- A value chain-specific market: Explore how a controlled market mechanism can drive investment and collaboration across value chains.
- Built-in safeguards for integrity: Understand the critical safeguards that ensure environmental credibility and prevent double counting.
Download the full white paper to explore how your organization can improve your Scope 3 accounting, count your value chain interventions toward climate targets, and leverage economies of scale to invest in large-scale value chain decarbonization.
