Month: August 2024

Catalyzing Renewable Energy Adoption Among Your Suppliers (Trellis webinar)

, August 8, 2024

Catalyzing Renewable Energy Among Your Suppliers

Is your supplier engagement program action-oriented? Does it inspire suppliers to reduce their emissions, right now?  If not, you are not alone. Most supplier programs are more circumspect, asking suppliers to consider interim steps: set a goal, calculate a footprint, or even, attend a webinar!  

Register to view our webinar with Trellis and Microsoft where we walk through:

  • Strategies for action-oriented supplier engagement and pathways to renewable energy procurement
  • Useful tools for suppliers to use for renewable energy education and procurement
  • Avenues that Microsoft has been utilizing to tackle its own Scope 3 emissions

REGISTER TO WATCH

 

Comprehensive GHG Inventory Supplements Banijay Entertainment’s Climate Journey

, August 8, 2024

Executive Summary

Logo courtesy of Banijay Entertainment

Logo courtesy of Banijay Entertainment

Content powerhouse Banijay Entertainment has partnered with 3Degrees to centralise its sustainability efforts. Underpinning the group’s newly devised sustainability strategy, the pair partnered to establish a baseline for its emissions footprint.

 

Setting and executing a three-phase plan to construct its inventory of global greenhouse gas (GHG) emissions, 3Degrees helped Banijay Entertainment:

  • Develop two comprehensive and global GHG inventories
  • Enhance understanding of, and commitment to, its sustainability strategy
  • Align stakeholders in collaborating on climate initiatives and CSRD requirements

All efforts spanned Banijay Entertainment’s 23 territories of 130+ production labels. The powerhouse plays home to a catalogue of 195k hours of content, comprising globally-renowned brands like MasterChef, Big Brother, Peaky Blinders, Survivor, Black Mirror and Deal or No Deal.

Read the full case study below.

Background

Banijay Entertainment, international content powerhouse behind renowned TV shows like Big Brother, MasterChef, Peaky Blinders, Survivor, Black Mirror, and Mr. Bean, is the world’s largest international content producer and distributor with over 130 production companies across 23 territories worldwide.

As a leading player in the global content industry, with a sizeable footprint and expansive production operations, Banijay Entertainment’s activities, like its competitors’, inevitably impact the environment. Recognising this impact, the company set its sights on centralising its sustainability efforts to implement a process through which it could measure its baseline emissions footprint.

Banijay Entertainment sought climate expertise and partnered with 3Degrees to develop a comprehensive methodology for quantifying its greenhouse gas (GHG) emissions across its operations and value chain, paving the way for more sustainable practices in the content industry and reduced carbon footprint.

Challenges

Complexity of emissions data

With Banijay Entertainment’s operations spanning the globe and its scope 3 encompassing diverse categories of emissions, the data was not only vast but also intricate.

Global stakeholder alignment

Extensive coordination was required to achieve alignment and collaboration among stakeholders in order to obtain the necessary emissions data.

How We Helped

3Degrees worked with Banijay Entertainment to develop a three-phase plan to construct its inventory of global GHG emissions, while closely collaborating with its stakeholders to streamline data collection.

This included:

  • Training sessions for Banijay Entertainment’s teams and key stakeholders to establish data collection best practices
  • Calculation of Banijay Entertainment’s carbon emissions across scopes 1, 2, and 3
  • Aligning Banijay Entertainment’s timeline of GHG accounting with Corporate Sustainability Reporting Directive (CSRD) requirements
  • Determining Banijay Entertainment’s emission hotspots, enabling the prioritisation of future decarbonisation efforts
  • Identifying areas for optimisation and improvement for consecutive inventories

Results

  • Two comprehensive, global GHG inventories: Encompassing an Inventory Management Plan tailored specifically to Banijay Entertainment’s needs.
  • Enhanced understanding of, and commitment to, its sustainability strategy: Increased awareness of, and application to, sustainability activities across the organisation.
  • Readiness to set targets to start global GHG emissions reductions, and CSRD compliance: Motivated stakeholders to collaborate on climate initiatives and CSRD requirements aimed at reducing their emissions footprint.

“Banijay Entertainment has long supported, and invested in, sustainability-driven initiatives and partnerships. However, the measurement of our group’s environmental impact was localised and not unified. In collaboration with 3Degrees, we have achieved a global measure of our carbon footprint across our 23 operating territories. With a clear indication of where we are, we can implement a robust decarbonisation strategy to reduce our impact and deliver responsibly against legislation.”

— Edouard Minc, ESG Director at Banijay Entertainment

 

Banijay Entertainment continues on its sustainability journey, partnering with 3Degrees on other initiatives.

Leading dairy brand successfully implements supply chain emission reduction strategy

, August 2, 2024

Executive Summary:

A leading Fortune 500 food company successfully implemented a carbon insetting strategy to reduce Scope 3 emissions by 25% by 2030, focusing on fertilizer and manure management in agriculture.

  • Innovative Approach: Developed the first-of-its-kind carbon insetting program targeting supply chain emissions reductions through improved fertilizer and manure management.
  • Comprehensive Support: Partnered with 3Degrees to leverage expertise in GHG quantification, methodology development, and project management, ensuring alignment with industry standards.
  • Impactful Results: Enabled credible Scope 3 emissions reductions and established a replicable framework for sustainable agriculture, benefiting farmers and paving the way for future opportunities.

Background

A Fortune 500 food company with business activities across manufacturing, retail (consumer packaged goods), and farming set a near-term emissions reduction target through the Science-Based Target Initiative (SBTi) with a goal to reduce its Scope 3 emissions by 25% by 2030. 

Until recently, there have been limited pathways for food companies to invest in agriculture emissions reductions due to a myriad set of factors including regulatory uncertainty, lack of established standards and methodologies, and a limited supply of project opportunities.    To address this challenge the company began developing an innovative carbon insetting program focused on fertilizer management in row crops and manure management in dairy.  This initiative marked the first program of its kind for the company and offered a new approach to supply chain emissions reductions.  

After launching this innovative program, the company recognized the need for a trusted advisor to guide them through the intricacies of carbon insetting while also developing a long-term strategy for success across their farms. 

Solutions: Quantification, Methodology Development, and Reporting 

Recognizing the need for specialized expertise, the company enlisted the help of 3Degrees to deliver on its insetting strategy. In response, 3Degrees provided end-to-end technical and project management services to deliver on the brand’s strategic goals. This included the approval of a tailored methodology to precisely quantify GHG reductions resulting from optimized fertilizer usage and the application of nitrogen inhibitors and stabilizers. This methodology utilized 3Degrees’ proprietary models to ensure an accurate assessment aligned with the project’s specific demands.

In addition to greenhouse gas quantification, 3Degrees managed the project development process including reporting, verification, and validation through SustainCERT’s value chain intervention framework, ensuring each step was aligned with broadly accepted insetting protocols and supply chain accounting standards. This comprehensive management equipped the brand with the tools needed to be successful, further strengthening its agricultural insetting initiative, while supporting future projects as the industry continues to develop. 

Results and Future Opportunities

The success of the program opened the doors for the company to claim scope 3 emissions reductions in a defensible and credible manner, with proceeds channeled directly to the participating farmers. This not only incentivizes farmers but also provides a lower-risk, more accessible pathway to decarbonize their operations.

Leveraging both 3Degrees’ technical and administrative expertise, the program established a framework for developing and managing agriculture scope 3 emissions reduction projects that can now be replicated and implemented across the agriculture landscape, paving the way for future opportunities.

 

Interested in learning how carbon insetting strategies can enhance your global supply chain? Get in touch today!