• Our Work
  • About
    • Why Scope 3?
    • Governance
    • Partners
  • Resources
  • News
  • Log In
  • Get Involved
Home » Uncategorized

Category: Uncategorized

Achieving net zero fashion: 3 takeaways from our latest Apparel Roundtable

On December 1st, more than 26 apparel brands and sector organisations joined the Value Change Initiative’s Apparel & Footwear Roundtable. Here a…
sustaincertadmin January 12, 2023
0 Comments

Value Change: The 2022 Food & Agriculture Working Group under way 

The Value Change Initiative’s (VCI) Food & Agriculture Working Group, in its third iteration, is driving forward with co-creation of credible Scope 3 accounting and…

sustaincertadmin May 18, 2022

Four Key Takeaways from VCI Summit

The November 17 Value Change Initiative Summit was more than just a celebratory launch event, it was a moment to learn and discuss the ‘how’…

sustaincertadmin December 2, 2021

Press Release – Sustainability Standards Join Forces to Scale Climate Impact

Sustainability standards join forces to scale climate impact. For the first time standards including Better Cotton Initiative, Fairtrade, FSC, and the Roundtable on Sustainable Biomaterials will be able to quantify…

admin September 17, 2021
newsbanner-img

Introducing the 2021 Value Change Labs

The 2021 Value Change Labs: explore, innovate, address Scope 3 accounting challenges On March 31st, participants representing over 18 companies across different sectors – including…

admin September 17, 2021

Recent Posts

  • Achieving net zero fashion: 3 takeaways from our latest Apparel Roundtable
  • Value Change: The 2022 Food & Agriculture Working Group under way 
  • Four Key Takeaways from VCI Summit
  • Press Release – Value Change Initiative Launches to Enable Businesses to Achieve Net Zero Value Chains
  • Press Release – Sustainability Standards Join Forces to Scale Climate Impact

Recent Comments

    Archives

    • January 2023
    • May 2022
    • December 2021
    • November 2021
    • September 2021

    Categories

    • Featured
    • Featured News
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    LET’S GET ON A CALL

    You have questions about joining a workstream? Want to know more about our work? Send us a message and we
    can arrange a call to discuss in more detail.

    CO-FOUNDED BY
    Sign up for news

    QUICK LINKS

    • Our Work
    • About
    • Resources
    • News

    CONTACT US

    • +31-625175283
    • +31-625175283
    • info@valuechangeinitiative.com

    2023 ©SustainCERT | VCI Portal

    Privacy Policy Terms and Conditions

    Signup for news

    Contact us

    Forum Description

    The 2021 Value Change Labs: explore, innovate, address Scope 3 accounting challenges

    On March 31st, participants representing over 18 companies across different sectors – including Danone, Mars, PepsiCo, VF Corporation – kicked off the first of a two-lab stream for Value Change members to explore and collectively define solutions to Scope 3 accounting and claims related challenges.

    If you are familiar with Value Chain or Scope 3 emissions, you know that besides being the largest source of corporate carbon footprint they are also the most difficult to manage and that practical guidance on how to account and reduce these emissions is hard to come by. The Value Change Initiative brings together leading corporate actors, civil society, and internationally recognized frameworks to bridge this gap.

    Through programs, working groups, labs or pilots, Value Change members co-create best practice guidance and tools approved by Gold Standard to reduce and credibly report on Scope 3 emissions reductions.

    2021 Labs topics: Market-based accounting and integrated claims framework

    Labs are structured in 5 sessions, where participant discuss, learn and share real-world experiences to collectively identify challenges and define solutions. The 2021 Accounting Lab, which kicked off on March 31st with participants from over 18 companies, will explore the guiding conditions, definitions, and principles for a Scope 3 market-based accounting approaches, to see how value chain actors can collectively invest in Scope 3 emission reductions at scale and credibly account for the impacts that are achieved. The Accounting Lab will also provide addenda or adjustments to related concepts in existing value change guidance documents.

    The 2021 Claims Lab, which is scheduled to begin on April 14th, will aim to provide common definitions and guiding principles for an integrated claims framework. The increase of corporate climate claims and terminologies – Carbon Neutral, Climate Neutral, Net Zero, Climate Positive, etc. – and their difference in meaning – type of pollutants covered, extent of value chain coverage, time frame of emissions covered, mitigation levers used, etc. – means there is a lack of clarity about what impacts can be assigned to what claims. Uncertainties and inconsistencies about the way claims are being used creates a barrier for Scope 3 action at scale. An integrated claims framework is urgently needed to remove ambiguity on what impacts can be recognized where. Claims Lab participants will work together to define and draft common definitions, guiding principles and conditions for such a framework to be developed.

    The Accounting Lab will run from March 31st to November 17th. The Claims Lab will run from April 14th to December 1st. Both will require participants to provide feedback and inputs in between sessions.