Difference between revisions of "ACT Assessing Low-Carbon Transition"

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{{Climate initiative
 
{{Climate initiative
|Name of initiative=ACT Assessing Low-Carbon Transition
+
|Name of initiative=ACT Assessing Low-Carbon Transition
 
|LPAA initiative=No
 
|LPAA initiative=No
 
|NAZCA Initiative=Yes
 
|NAZCA Initiative=Yes
 
|Website address=https://actinitiative.org
 
|Website address=https://actinitiative.org
 
|Starting year=2015
 
|Starting year=2015
|Secretariat=ADEMA and CDP are co-founders.
+
|Secretariat=Contacts:  
Contacts:
+
All enquiry: info@actinitiative.org
Lisa Bertrand, ADEME, e-mail: Lisa.BERTRAND@ademe.fr, phone: +33 (0)2 41 20 43 30
+
ADEME coordinator: Romain Poivet, e-mail: romain.poivet@ademe.fr, phone: +33 (0)2 41 20 74 04
 
+
CDP coordinator: Esther Stoakes, e-mail: esther.stoakes@cdp.net
Esther Stoakes, CDP, e-mail: esther.stoakes@cdp.net
+
|Organisational structure=A global Council advise the ACT Board including 7 colleges (repreenting the initiative key stakeholders). The Board oversee the Secretariat who coordinate the implementation of the initiative at global and local level. The implementation is lead by Technical Working Groups.
|Organisational structure=The validation procedure for a section methodology is the following:
+
1) The Board decide to extend the ACT assessment to a ne sector triggered by a third-party formal request.
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2) The Board establisd a Technical Working Group (TWG) of experts an representative stakeholders.
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3) The TWG develop a methodology.
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4) The methodology is submitted for review by the Council and public consultation.
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5) The Board validates the methodology
+
 
|Geographical coverage=Global
 
|Geographical coverage=Global
 
|Name of lead organisation=ACT
 
|Name of lead organisation=ACT
 
|Type of lead organisation=Other intergovernmental organization
 
|Type of lead organisation=Other intergovernmental organization
|Location/Nationality of lead organisation=France
+
|Location/Nationality of lead organisation=EU
 
|LPAA Theme Transport=Yes
 
|LPAA Theme Transport=Yes
 
|LPAA Theme Agriculture=Yes
 
|LPAA Theme Agriculture=Yes
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The resulting ACT rating including a performance score, narrative score and trend score, is key to understanding how ready a business is to transition to a low-carbon world.
 
The resulting ACT rating including a performance score, narrative score and trend score, is key to understanding how ready a business is to transition to a low-carbon world.
 
|Goals=Drive companies' climate actions by providing sectoral methodologies as an accountability framework to assess their low-carbon strategies against relevant decarbonisation pathways.
 
|Goals=Drive companies' climate actions by providing sectoral methodologies as an accountability framework to assess their low-carbon strategies against relevant decarbonisation pathways.
|Activities=- developed, tested and implementing methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (both Construction and Real Estate).
+
|Activities=- developing and implementing methodologies covering all high emitter’s sectors as identified by TCFD (non-financial sectors) by 2022.
- developing and implementing methodologies covering all high emitter’s sectors as identified by TCFD (non-financial sectors) by 2022.
+
-engage with the initiative key stakeholders (private sector, financial institutions, public authorities and policy makers, NGOs, other climate adaption and mitigation initiatives, academics) by opening the initiative governance, raising awareness and building capacity.
-engage with the initiative key stakeholders (private sector, financial institutions, public authorities and policy makers, NGOs, other climate adaption and mitigation initiatives, academics) by opening the initiative governance, raising awareness and building capacity;
+
 
- set up the legal structure to enable long-term financial sustainability of the initiative and ultimately achieve its mission.
 
- set up the legal structure to enable long-term financial sustainability of the initiative and ultimately achieve its mission.
|Participants companies number=135
+
|One or two success stories achieved=Developed, tested and implemented methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (both Construction and Real Estate).
|Participants companies names=According to the web-site 11 February 2020
+
Use case: https://climate.worldbenchmarkingalliance.org/
|Participants business organisations number=0
+
|Participants companies number=147
|Participants research and educational organisations number=0
+
|Participants business organisations number=5
|Participants non-governmental organisations number=0
+
|Participants research and educational organisations number=4
 +
|Participants non-governmental organisations number=6
 
|Participants national actors number=0
 
|Participants national actors number=0
 
|Participants governmental actors number=1
 
|Participants governmental actors number=1
|Participants governmental actors names=French Environmental Ministry
+
|Participants governmental actors names=French Ministry for the Ecological and Inclusive Transition
 
|Participants regional actors number=0
 
|Participants regional actors number=0
 
|Participants municipal actors number=0
 
|Participants municipal actors number=0
 
|Participants intergovernmental organisations number=0
 
|Participants intergovernmental organisations number=0
|Participants financial institutions number=0
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|Participants financial institutions number=10
 
|Participants other members number=0
 
|Participants other members number=0
 
|Participants supporting partners number=6
 
|Participants supporting partners number=6
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|Indicator=Implementation;Technical operational implementation (ex-post);
 
|Indicator=Implementation;Technical operational implementation (ex-post);
 
}}
 
}}
|Goals mai=Methodologies are developed for companies to measure their level of ambition of the climate strategy is analysed against the low-carbon benchmark relevant for the company, as well as the actions that the company effectively takes in response to this strategy.
+
|Goals mai=Use of ACT ratings globally by companies, policy makers and financial institutions to track climate actions progress towards low-carbon world.
|Comments on indicators and goals=Companies are assessed using the following framework:
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|Comments on indicators and goals=a) Performance score from 1 (lowest) to 20 (highest)
1. What is the company planning to do?
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Indicators: targets; material investment, intangible investment, performance of products, management, suppliers, clients, policy engagement, business model.
2. How is the company planning to get there?
+
 
3. What is the company doing at present?
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b) Narrative score from E (lowest) to A (highest)
4. What has the company done in the recent past?
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Indicators: business model & strategy; consistency & credibility; reputation; risk.
5. How do all these plans and actions fit together?
+
 
 +
c) Trend score as either "+" for improving, "-" for worsening, and "=" for stable
 +
Indicators: future change in emissions; business model & strategy; any other information compiled as part of score research.
  
Based on the assessment an ACT rating is made that comprise:
 
a) A performance score from 1 (lowest) to 20 (highest),
 
b) A narrative score from E (lowest) to A (highest),
 
c) A trend score as either "+" for improving, "-" for worsening, and "=" for stable.
 
 
The highest possible score is therefore:"20,A,+"
 
The highest possible score is therefore:"20,A,+"
 +
|How will goals be achieved=Setting up an independent and sustainable initiative, globally coordinated with local implementation groups.
 +
|Have you changed or strenghtened your goals=N/A
 +
|How are you tracking progress of your initiative=Tracked by ACT Secretariat: number of companies assessed; ACT ratings increase.
 
|Available reporting=You can find overall descriptions and all the sector methodologies on
 
|Available reporting=You can find overall descriptions and all the sector methodologies on
 
https://actproject.net/resources-2/
 
https://actproject.net/resources-2/
 
|Related initiatives=
 
|Related initiatives=
 
}}
 
}}

Revision as of 12:51, 12 February 2020

General

Name of initiative ACT - Assessing Low-Carbon Transition
LPAA initiative No
NAZCA Initiative Yes
Website address https://actinitiative.org
Related initiatives
Starting year 2015
End year
Secretariat Contacts:

All enquiry: info@actinitiative.org ADEME coordinator: Romain Poivet, e-mail: romain.poivet@ademe.fr, phone: +33 (0)2 41 20 74 04 CDP coordinator: Esther Stoakes, e-mail: esther.stoakes@cdp.net

Organisational structure A global Council advise the ACT Board including 7 colleges (repreenting the initiative key stakeholders). The Board oversee the Secretariat who coordinate the implementation of the initiative at global and local level. The implementation is lead by Technical Working Groups.
Geographical coverage Global
Name of lead organisation ACT
Type of lead organisation Other intergovernmental organization
Location/Nationality of lead organisation EU

Description

Description Five guiding questions lead to assess company’s alignment with the low-carbon transition to 2050:

1- What is the company planning to do? 2- How is the company planning to get there? 3- What is the company doing at present? 4- What has the company done in the recent past? 5- How do all of these plans and actions fit together?

The resulting ACT rating including a performance score, narrative score and trend score, is key to understanding how ready a business is to transition to a low-carbon world.

Objectives Drive companies' climate actions by providing sectoral methodologies as an accountability framework to assess their low-carbon strategies against relevant decarbonisation pathways.
Activities - developing and implementing methodologies covering all high emitter’s sectors as identified by TCFD (non-financial sectors) by 2022.

-engage with the initiative key stakeholders (private sector, financial institutions, public authorities and policy makers, NGOs, other climate adaption and mitigation initiatives, academics) by opening the initiative governance, raising awareness and building capacity. - set up the legal structure to enable long-term financial sustainability of the initiative and ultimately achieve its mission.

One or two success stories achieved Developed, tested and implemented methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (both Construction and Real Estate).

Use case: https://climate.worldbenchmarkingalliance.org/

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-07.png   E SDG goals icons-individual-rgb-13.png  
Function of initiative Implementation
Activity of initiative Technical operational implementation (ex-post)
Indicators
Goals Use of ACT ratings globally by companies, policy makers and financial institutions to track climate actions progress towards low-carbon world.
Comments on indicators and goals a) Performance score from 1 (lowest) to 20 (highest)

Indicators: targets; material investment, intangible investment, performance of products, management, suppliers, clients, policy engagement, business model.

b) Narrative score from E (lowest) to A (highest) Indicators: business model & strategy; consistency & credibility; reputation; risk.

c) Trend score as either "+" for improving, "-" for worsening, and "=" for stable Indicators: future change in emissions; business model & strategy; any other information compiled as part of score research.

The highest possible score is therefore:"20,A,+"

How will goals be achieved Setting up an independent and sustainable initiative, globally coordinated with local implementation groups.
Have you changed or strenghtened your goals N/A
Progress towards the goals
How are you tracking progress of your initiative Tracked by ACT Secretariat: number of companies assessed; ACT ratings increase.
Available reporting You can find overall descriptions and all the sector methodologies on

https://actproject.net/resources-2/

Participants

Participants Number Names
Members 173  
Companies 147
Business organisations 5
Research and educational organisations 4
Non-governmental organisations 6
National states 0
Governmental actors 1 French Ministry for the Ecological and Inclusive Transition
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 10
Other members 0
Supporting partners 6 ClimateCHECK,  European Investment Bank (EIB),  2 Degree Investing Initiative,  Climate-KIC,  Fonds Francais pour l'Environnement Mondial (FEEM),  EU-life.
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
Yes Yes No Yes Yes Yes No No No No No Yes No No No No No No No No No No
Last update: 18 February 2020 13:19:52

Not only have national states as participators