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We collectively innovate to define Best Practice

The Value Change Initiative provides different opportunities for companies to engage – these are all collaborative spaces for members to discuss, learn and share experiences from the field.

Programmes

Our programmes build on existing best-practice guidance on how to account for emissions in specific Scope 3 categories.

Working Groups

Our working groups provide capacity building and feedback on the applicability of guidance documents to ensure it supports realities from the field and considers sector-specific challenges identified.

Pilots

Our pilots test the application of guidance at an intervention level to quantify, verify, certify and/or allocate impacts. They lay the foundation for scalable verification approaches and provide best-practice case studies.

Labs

Our labs explore specific challenges, for example, recent labs have unpacked Scope 3 accounting and questions around what claims can be credibly made.

Upcoming workstreams

  • Transport Programme

    The shared nature of global freight networks means carriers, forwarders, shippers, and users need to act and invest collectively to reduce transport-related Scope 3 emissions. But how can each of these actors report and be recognized for the “shared value” created by joint investments into transport-related interventions?

    The transport program aims to co-create guidance and credible pathways to quantify, verify, and be recognized for transport-related Scope 3 emission reductions.

  • Food & Agriculture Working Group

    The Food & Agriculture Working Group will help test application of the Value Change Guidance documents while providing opportunities for participant to collaboratively implement interventions in shared value chains and/or prepare for pilot verification and certification trajectories on the ground.

  • Pulp & Paper Working Group

    Research shows that by 2050 the consumption of paper will double. With the pressure to substitute plastic for paper, this number could grow even higher. While more than 20 companies already publicly committed to set emissions reduction targets through the Science Based Targets initiative (SBTi), determining how to take direct action has been complicated by a number of barriers.

    This Working Group is designed to test the applicability of the Value Change Guidance documents and concepts in the context of Pulp & Paper value chains

  • Pilots

    Pilots provide opportunities for companies to test application of the Guidance at an intervention-level. Their objective is to deliver verified/certified GHG reductions and removals from interventions (against Guidance and/or Gold Standard for the Global Goals), test how impacts can be allocated toward performance targets (SBTs) or narrative claims (Net-Zero) and provide best-practice case studies

Ongoing workstreams

  • Low-carbon commodities: ISEAL standards collaboration to verify lower emissions factors for purchased goods & services

    Can we make it easier for corporates to report on the positive climate impacts of the use of certified, sustainably produced products? ISEAL standards are collaborating to define common practices to quantify carbon emission reductions in their certified commodities in a way that corporate purchasers can report against their Science Based Targets or other climate performance objectives.

  • Claims Lab

    Carbon Neutral, Climate Neutral, Net Zero, Climate Positive: How do we identify when double counting or double claiming poses a real threat to environmental integrity, or when this represents appropriate attribution and benefit-sharing? Claims Labs are establishing guiding principles and conditions of an integrated claims framework.

    Claims Labs are collaborative spaces where Value Change Initiative members come together to discuss and address key topics related to Claims. Building on key insights, discussions, and case studies shared by members or experts, Lab participants co-create new addendum or define innovating elements building on the Value Change Guidance.

  • Accounting Lab

    Can disparate value chain actors collectively invest in Scope 3 emission reductions at scale and credibly account for the impact achieved? What about monetisation of impact through carbon credits or other instruments? The Accounting Labs are defining the conditions and principles for a Scope 3 market-based accounting approach.

Completed workstreams