The Science-Based Targets Initiative (SBTi) has recently released a package of consultation documents aimed at financial institutions, including the conceptual framework for the Net-Zero Standard for Financial Institutions (“FINZ”). The document is neither an exposure draft nor the final standard, but serves as an important milestone along the way to their expected publication in Q4 […]
The past few years have seen an unprecedented and ever-growing number of corporate commitments to combat climate change. Carbon credits represent one integral tool that companies with such goals can leverage to support their own claims and contribute to global climate change mitigation. As carbon credit-based claims have become more common, a jumble of terms […]
The world’s Forest, Land and Agriculture sector, known as FLAG, is responsible for around 22% of global greenhouse gas emissions. The Science Based Targets Initiative, or SBTi, has introduced specific FLAG guidance to address these emissions. This guidance requires SBTi committed companies to account for emissions from agriculture, forestry and land-related activities from their operations […]
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According to CDP, portfolio emissions of global financial institutions are about 700 times larger than their direct emissions. In order to make significant progress on their climate journeys, financial institutions need to understand the full scope of these financed emissions through greenhouse gas (GHG) measurement. But how do you measure the carbon impact of something […]
What is landfill gas capture? Landfill gas capture, also known as landfill gas recovery or landfill gas management, refers to the process of collecting and utilizing the gas that is produced by the decomposition of organic waste in landfills. As the waste decomposes, it generates a mixture of gasses known as landfill gas (LFG), which […]
Maureen Bray, Senior Director, Energy & Climate Practice – Strategy, Europe, met with CeFPro at the ESG Europe event to discuss scope 3 in the financial sector. She went over the importance of understanding your scope 3, key challenges, important messages, and more. Learn more below. WATCH THE VIDEO Maureen Bray interview ESG Europe from […]
It is valuable for every company to have familiarity with the framework set out by the Task Force on Climate-Related Financial Disclosures (TCFD), and with climate-related risks and opportunities more generally. In this article, we’ll explain why. The cascading effect of climate reporting Over the past few years, we have been witnessing voluntary sustainability reporting […]
We were happy to join E-World, Europe’s biggest energy trade show, in Essen, Germany on 23-25 May. Since last year’s conference, the landscape of the energy sector has continued to change. The second half of last year was marked by roaring energy prices that started to cool off after some months. In addition, there were […]
Earlier this month, 3Degrees had the opportunity to join other transportation industry players at Advanced Clean Transportation (ACT) Expo, a growing sustainable mobility conference with no signs of slowing down. The transportation transformation is happening right before our eyes, and it’s never felt more real than it did at ACT. Over 10,000 attendees gathered to […]
Three years ago, a cohort of 3Degrees employees prepared to travel to Singapore for the inaugural Renewable Energy Markets (REM) Asia conference – a welcome expansion of the REM conferences that have been hosted by Center for Resource Solutions in the United States for over twenty-five years. However, due to the COVID-19 pandemic, this conference […]
From April 2023 onward, any organization setting emission reduction targets in line with the SBTi framework must set a Forest, Land and Agriculture (FLAG) Science-Based Target to comply with SBTi’s new FLAG guidance, with special requirements for companies that have considerable emissions from FLAG activities. Companies will need to review the crucial pieces of information […]
