The Nordic networks of the UN Global Compact are hosting an interactive discussion series on sensitive climate topics. We aim to explore the complexities and credibility of three topical questions in the area of climate action; market-based mechanisms, avoided emissions, and beyond value chain mitigation. The purpose is to provide an opportunity for dialogue and collaboration between standard- and agenda-setting organizations and forward-thinking companies, and to support companies in finding their paths towards net-zero emissions.
Please send your questions to the speakers when you register. The discussion will be shaped based on these inputs.
These webinars are for UN Global Compact participating companies only and will be hosted under the Chatham House rule.
Series:
- 21 May, 14:00 – 15:00: Market-based Accounting for Scope 3
- 28 May, 13:00 – 14:00: Avoided Emissions
- 11 June, 13:00 – 14:30: Beyond Value Chain Mitigation
Read more about the webinars and sign up below.
Market-based Accounting for Scope 3
21 May, 14:00 – 15:00 CET | Online
In recent years market-based accounting methods have been proposed, for example, for aviation fuels, agricultural commodities, and freight transport. These proposals aim to extend the type of market-based accounting used for scope 2 emissions, to also cover scope 3 emissions. Also, the GHG Protocol has started to research the role of market-based accounting approaches in corporate GHG accounting and reporting, including for value chain emissions.
Market-based mechanisms might help in situations where direct engagement with suppliers or full traceability of the supply chain is not possible and could be a way to support the development of lower emission solutions. However, market-based methods come with uncertainties about their efficacy and concerns around credibility.
Join us for an informative discussion on the evolving landscape of market-based accounting. We will introduce the current state of market-based accounting for scope 3, explore the different mechanisms available, discuss criteria and safeguards to ensure credibility, and hear an overview of upcoming developments from the GHG Protocol.
Speakers:
David Short
David is Senior Manager, Market-based Accounting for Greenhouse Gas Protocol at WBCSD. Having joined in October 2023, David leads the market-based accounting workstream contributing to standards and engagement at Greenhouse Gas Protocol. David has dedicated his career to sustainable business, particularly value chains, with nearly 20 years of experience across standards, consultancy, trade, and impact investment.
Anna Heino
Anna Heino, Head of Climate and Nature, coordinates Posti Group’s climate actions towards net zero in 2040. Anna is also responsible for Posti’s emissions accounting and reporting including customer-specific reports. The transportation sector developed and published a market-based accounting framework in 2023, and Posti has already launched its first service for freight customers based on this book and claim methodology. Before joining Posti, Anna worked as a sustainability consultant specializing in climate accounting and roadmaps.
Agenda:
- Introduction and welcome, Karoliina Koistila, UN Global Compact Finland
- Greenhouse Gas Protocol’s perspective to market-based accounting, David Short
- Company perspective to market-based accounting, Anna Heino
- Discussion and Q&A
Registration is closed.
Avoided Emissions
28 May, 13:00 – 14:00 CET | Online
Many companies are keen to show how their products or services contribute to a low-carbon economy and avoid greenhouse gas emissions when compared against other offerings in the market.
While avoided emissions can help companies move from being seen merely as sources of emissions to contributors to solutions and innovation. It is critical that such claims are robust and rigorous and communicated credibly.
In 2023, the World Business Council for Sustainable Development published its Guidance on Avoided Emissions recognising that there is a need to raise the bar of current avoided emissions claims. It provides guidance on how companies can make credible avoided emission claims.
Join us for an informative and interactive discussion with Marvin Henry (World Business Council of Sustainable Development) and leading UN Global Compact participating companies to discuss the evolving landscape of avoided emissions. We’ll introduce the key points from the Guidance and discuss what is and isn’t legitimate when it comes to accounting for and reporting on avoided emissions.
Speakers:
Marvin Henry
Senior Manager, Avoided Emissions, World Business Council for Sustainable Development
Marvin is part of the Climate Action team and leads the work on Avoided Emissions at the World Business Council for Sustainable Development (WBCSD). Before joining WBCSD, he was Head of Sustainability at a London-based fintech & circular economy start-up and previously worked for strategy consultancy McKinsey & Co. as a Project Manager in the German office. Next to his commitment at WBCSD, Marvin supports Ashoka as a pro-bono advisor and is a mentor for Deutschlandstiftung Integration. Marvin holds a PhD in Geosciences from Utrecht University in the Netherlands. His research focuses on innovation systems and bottom-up dynamics in the circular economy.
Victor Gancel
Climate and Decarbonization Lead, Danfoss
Victor is Climate & Decarbonization Lead at Danfoss. Having joined in 2022, Victor’s role is to support the organization in achieving its ambitious climate targets. Victor has been working for multistakeholder initiatives, private sector and NGOs, on various topics such as climate innovation, sustainable finance, green logistics and aerospace.
Madeleine Brun Landmark
Climate and Decarbonization Lead, Tomra Collection
Madeleine is the Climate and Decarbonization lead for Tomra Collection working with sustainability strategy and the trajectory to net zero. She has worked in various roles in Tomra Collection within finance, strategy and business development and among other focused on how to set the right methodology for avoided emissions for our Reverse Vending Machine business. She previously worked with business development, sustainability and supply chain in the H&M Group, living in China, Turkey and Sweden. Before joining Tomra, Madeleine worked as a management consultant for Capemini Invent with supply chain transformation.
Agenda:
- Introduction and welcome, UN Global Compact Norway
- World Business Council for Sustainable Development – Guidance on Avoided Emissions, Marvin Henry
- Company Case: Victor Gancel, Climate and Decarbonization Lead at Danfoss
- Company case: Madeleine Brun Landmark, Climate and Decarbonization Lead at Tomra Collection
- Discussion and Q&A
Registration is closed.
Beyond Value Chain Mitigation
11 June, 13:00 – 14:30 CET | Online
To remain aligned with international climate standards, companies must primarily reduce own emissions and emissions in the value chain. However, the concept of Beyond Value Chain Mitigation (BVCM) – helping to reduce emissions outside of companies’ value chains – has become a key part in many companies’ climate strategies. It is also one of the key recommendations in the Science Based Target Initiative’s (SBTi) Corporate Net-Zero Standard.
Acquiring carbon credits on the voluntary carbon market has become one of the most popular ways for companies to mitigate emissions beyond their value chain. The credits allow companies to take increased climate action in parallel with their work to decarbonize emissions within their value chains. The credits can also enable internal carbon pricing schemes within companies and create added social value in the communities they help support, such as local job opportunities, improved health, and education.
Yet carbon credits have long been under a lot of scrutiny and criticism for over-promising climate effects and being non-transparent. Moreover, companies have to navigate new EU directives battling greenwashing, which significantly limits the ways in which companies can communicate about use of climate credits and increases reputational risks.
In this webinar we dive into the SBTi’s BVCM recommendations and take a closer look at the voluntary carbon market and what role it could and should play in companies’ climate action strategies.
Speakers:
Scarlett Benson, Beyond Value Chain Mitigation Lead, the Science Based Targets initiative
Peter Svendsen, Founder, Road2Zero
Poul Erik Lauridsen, Executive Director, the Danish Climate Forest Foundation
Camila Forero Bordamalo, Sustainability Manager, Rambøll
Niki Bey, Senior Manager – Strategic Sustainability Consulting, Ramboll
Agenda:
- Introduction and welcome, Joachim Marc Christensen, UN Global Compact Denmark
- Introduction to BVCM: What are the recommendations and opportunities? Scarlett Benson, the Science Based Targets initiative
- Voluntary Carbon Market: The basics, latest market developments and new EU directives, Peter Svendsen, Road2Zero
- Creating credible credits: Best practice from the Danish Climate Forest Foundation, Poul Erik Lauridsen, Danish Climate Forest Foundation
- Insights and reflections on BVCM, Niki Bey, Rambøll
- Discussion and Q&A