Just wrapped up an incredibly dynamic 2-day training on Scope 3 GHG Emissions Accounting and Decarbonisation for a Fortune 500 company โ and what an inspiring experience it was!
The participants brought remarkable energy to the sessions โ engaged, inquisitive, and deeply thoughtful. Their probing questions and discussions reflected both technical depth and genuine commitment to advancing sustainability within their respective business units โ from upstream and downstream operations to retail, renewable energy, and shipping.
Over the two days, we explored:
๐นCore Scope 3 accounting principles โ emission quantification methodologies, materiality assessment, avoiding double counting and practical implementation tips.
๐น The importance of primary emission factor data through Product Carbon Footprint (PCF) and PACT methodology to enhance accuracy.
๐น Forward-looking strategies for Scope 3 decarbonisation, with a special focus on:
โย Green procurement โ integrating Supplier PCF and Total Cost of Ownership (TCO) modeling into RFP evaluation.
โย Carbon insetting โ in the context of procuring low-carbon materials and marketing sustainable fuels (e.g., SAF, biodiesel) using Chain of Custody models such as Book & Claim and Segregation.
These approaches directly drive decarbonisation for Scope 3.1 (purchased goods & services) and related categories such as 3.2, 3.4, 3.9, as well as 3.11 (use of sold products).
The concepts were brought to life through realistic case exercises and a live demo of our climate tech solution, showcasing how theory connects seamlessly with implementation.
A big thank you to the organising team for the opportunity and trust in Smart Tradzt โ itโs truly rewarding to see industry leaders investing in the capabilities that will shape a lower-carbon value chain.
