Transport programme

The shared nature of global freight networks means carriers, shippers, and logistics service providers need to act and invest collectively to reduce transport-related Scope 3 emissions. But how can each actor report and be recognized for the ‘shared value’ created by joint investments into transport interventions? The transport programme aims to co-create guidance and credible pathways to quantify, verify, and be individually recognized for transport ‘shared value’ interventions towards their inclusion in scope 3 inventories.

The challenge

Transport-related emissions are the fastest-growing source of CO2 emissions and already account for a quarter of global emissions. Addressing emissions is critical for the decarbonization of this sector, but uncertainties are high on how to achieve targets collectively and at scale and which impacts can be credibly quantified, allocated, and claimed towards scope 3 inventories.

Those who have committed to reducing transport emissions are still facing significant barriers:

  • Large capital investments are needed to reduce, remove, or replace traditional fuels.
  • Lack of consensus and guidance on how to account, allocate, and make claims.
  • Lack of clarity with emerging and overlapping reporting frameworks, market mechanisms, and incentives.

The challenge remains on how a single transport operator or user can make the business case for the necessary investments to implement ‘shared value’ interventions that could provide significant emission reductions.



The solution

More credible, consistent, and simple way to report and be individually recognized for joint investments in transport interventions will minimize barriers to reach more ambitious scope 3 targets and ultimately accelerate de-carbonization of the transport sector.

Calling on thought leadership, shared ambition, and collective expertise of strategic partners, the Transport Programme aims to develop a complete Transport Guidance to facilitate the implementation of solutions and market-based climate mitigation measures to reduce scope 3 transport emission reductions. The transport Guidance will allow companies to:

  • Validate climate impact quantification methodologies and reporting protocols for a range of transport interventions.
  • Credibly integrate achieved climate impacts towards inventories and science-based targets along the transport value chain.
  • Generate quantified and verified impact data, in line with key reporting frameworks and best practices.
  • Develop market-based accounting approaches that allow for the allocation and transfer of claims along the transport value chain, in line with conditions and principles recognized by the Greenhouse Gas Protocol and Science-based Targets initiative.


Approach & timeline

Programmes are pre-competitive spaces where ambitious organization come to co-create best practice Guidance documents. They foster interaction and collaboration, providing participants with an opportunity to learn from one another while leading the way in corporate climate action.

Programmes usually run in two phases over a 21 month timeline. The first phase is dedicated to bringing Strategic Partners together to develop the Programme and publish a draft guidance. The second phase is dedicated to testing the guidance through sector-specific working groups and/or pilot interventions to ensure applicability on the field. Feedback is integrated in the guidance for final publication.



Pricing

Launching a Programme requires a minimum threshold of funding that can be secured from one or several Leading Strategic Partners.

Leading Strategic Partners sit on a Programme Committee to drive the development of the Programme, oversee the scope of work, and help crowd in additional participants for testing. Benefits also include participation in one working group per year and access to the Value Change Initiative’s platform, updates, webinars, and cross-sector labs.

See governance framework for an overview of the Value Change Initiative and Programme-related governance.



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