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

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|Have only national states as participators=No
 
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|Indicators information={{Indicators information
 
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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.
 
|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
 
|Have you changed or strenghtened your goals=N/A

Revision as of 17:24, 13 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-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 Ratings:

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: 30 August 2020 09:07:24

Not only have national states as participators