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

Line 36: Line 36:
 
|LPAA Theme Energy Access and Efficiency=No
 
|LPAA Theme Energy Access and Efficiency=No
 
|LPAA Theme Private Finance=No
 
|LPAA Theme Private Finance=No
|Description=Five guiding questions lead to assess company’s alignment with the low-carbon transition to 2050:
+
|Description=ACT– Assessing low Carbon Transition – is a joint voluntary initiative from ADEME and CDP and part of the UNFCCC secretariat Global Climate Agenda (GCA) supported by the French government since 2015.
 +
ACT is the only international initiative that creates an “accountability framework and sectorial methodologies” to assess how companies’ strategies and actions are contributing to the Paris Agreement mitigation goals. ACT answer the need for methodologies and tools to support companies with contributing to the Paris Agreement beyond commitment and carbon footprint reporting.
 +
ACT is currently funded by EIT Climate KIC, ADEME, Life IP, FFEM.
 +
 
 +
|Goals=Drive companies' climate actions by providing sectoral methodologies and tools as an accountability framework to develop, improve and assess their low-carbon strategies against relevant individual decarbonisation pathways.
 +
 
 +
Five guiding questions lead to assess company’s alignment with the low-carbon transition to 2050:
 
1- What is the company planning to do?
 
1- What is the company planning to do?
 
2- How is the company planning to get there?
 
2- How is the company planning to get there?
Line 43: Line 49:
 
5- How do all of these plans and actions fit together?
 
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.
+
The resulting ACT rating including a performance score, narrative score and trend score, is key to understand how ready a business is to transition to a low-carbon world. The feedback report highlights company strategy gaps and provide recommendations.
|Goals=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 the TCFD (non-financial sectors) and other key sectors (e.g. ICT) for transion towards a low carbon economy by 2022.
|Activities=- developing and implementing methodologies covering all high emitter’s sectors as identified by TCFD (non-financial sectors) and key sectors for transion towards a low carbon economy by 2022.
+
-engage and develop partnerships 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.
+
- ACT - Deep Decarbonisation Pathways Project builds a methodology to evaluate and monitor companies' decarbonization strategies from a sectoral, national and bottom-up perspective to increase the collective ambition of reducing greenhouse gas in Mexico and Brazil aligned with the global objective of the Paris agreement https://www.iddri.org/en/project/act-ddp-project
- ACT DDP Project builds a methodology to evaluate and monitor companies' decarbonization strategies from a sectoral, national and bottom-up perspective to increase the collective ambition of reducing greenhouse gas in Mexico and Brazil aligned with the global objective of the Paris agreement https://www.iddri.org/en/project/act-ddp-project
+
 
|One or two success stories achieved=Developed, tested and implemented methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (Construction, Property Development and Real Estate).
 
|One or two success stories achieved=Developed, tested and implemented methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (Construction, Property Development and Real Estate).
Use case for auto and electric utility: https://climate.worldbenchmarkingalliance.org/
+
Use case for auto and electric utility: https://www.worldbenchmarkingalliance.org/climate-and-energy-benchmark/
 
|Participants companies number=72
 
|Participants companies number=72
 
|Participants companies names=Renault, General Motors Company, Toyota Motor Corporation, PSA, Honda, UNIPER, SSE, ENDESA, AGL, NRG, ENEL, ENGIE, EDF, CASINO, JFRONT, DECATHLON, Wharehouse, Walmart, Carrefour, Woolworth, Kesko, Brio'Gel, Eckes Granini France, Fleury Michon, Sill, Albioma, Compagnie Nationale du Rhône, Enercoop, Cap Vert Energie, Ian motion, ABRAPA, Acquistapace, Ad Hoc Architecture, Neotoa, Breger, CAT 29, Groupe Guisnel, Transport Main forte, Transports Derval, Transports Landry, BERT, Bébé au Naturel, Coq en pâte, Legallais, Lyreco France, Maisons du Monde, Samse, Tape à l'œil, Toupargel, Thermador Groupe, Nexity, Vilogia, Vinci immobilier, Groupe Réalités, Bouygues Construction, ICADE, Groupe PSA, BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Company, General Motors Company, Tesla Motors, Inc., BAIC Motor Corporation Ltd, Chongqing Changan Automobile Company Limited, Dongfeng Motor Group, FAW Car Company, Limited-A, Geely Automobile Holdings, Guangzhou Automobile Group Co. Ltd, Saic Motor Corporation, Hyundai Motor Co, Volkswagen AG, Tata Motors, Honda Motor Company, Mazda Motor Corporation, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd, Subaru Corporation, Suzuki Motor Corporation
 
|Participants companies names=Renault, General Motors Company, Toyota Motor Corporation, PSA, Honda, UNIPER, SSE, ENDESA, AGL, NRG, ENEL, ENGIE, EDF, CASINO, JFRONT, DECATHLON, Wharehouse, Walmart, Carrefour, Woolworth, Kesko, Brio'Gel, Eckes Granini France, Fleury Michon, Sill, Albioma, Compagnie Nationale du Rhône, Enercoop, Cap Vert Energie, Ian motion, ABRAPA, Acquistapace, Ad Hoc Architecture, Neotoa, Breger, CAT 29, Groupe Guisnel, Transport Main forte, Transports Derval, Transports Landry, BERT, Bébé au Naturel, Coq en pâte, Legallais, Lyreco France, Maisons du Monde, Samse, Tape à l'œil, Toupargel, Thermador Groupe, Nexity, Vilogia, Vinci immobilier, Groupe Réalités, Bouygues Construction, ICADE, Groupe PSA, BMW AG, Daimler AG, Fiat Chrysler Automobiles NV, Ford Motor Company, General Motors Company, Tesla Motors, Inc., BAIC Motor Corporation Ltd, Chongqing Changan Automobile Company Limited, Dongfeng Motor Group, FAW Car Company, Limited-A, Geely Automobile Holdings, Guangzhou Automobile Group Co. Ltd, Saic Motor Corporation, Hyundai Motor Co, Volkswagen AG, Tata Motors, Honda Motor Company, Mazda Motor Corporation, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd, Subaru Corporation, Suzuki Motor Corporation

Revision as of 15:04, 28 October 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 The ACT Board, currently the initiative founders ADEME, the French Agency for Ecological Transition, and CDP, the global disclosure platform, oversee the Secretariat staff 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 ACT– Assessing low Carbon Transition – is a joint voluntary initiative from ADEME and CDP and part of the UNFCCC secretariat Global Climate Agenda (GCA) supported by the French government since 2015.

ACT is the only international initiative that creates an “accountability framework and sectorial methodologies” to assess how companies’ strategies and actions are contributing to the Paris Agreement mitigation goals. ACT answer the need for methodologies and tools to support companies with contributing to the Paris Agreement beyond commitment and carbon footprint reporting. ACT is currently funded by EIT Climate KIC, ADEME, Life IP, FFEM.

Objectives Drive companies' climate actions by providing sectoral methodologies and tools as an accountability framework to develop, improve and assess their low-carbon strategies against relevant individual decarbonisation pathways.

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 understand how ready a business is to transition to a low-carbon world. The feedback report highlights company strategy gaps and provide recommendations.

Activities - developing and implementing methodologies covering all high emitter’s sectors as identified by the TCFD (non-financial sectors) and other key sectors (e.g. ICT) for transion towards a low carbon economy by 2022.

-engage and develop partnerships 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. - ACT - Deep Decarbonisation Pathways Project builds a methodology to evaluate and monitor companies' decarbonization strategies from a sectoral, national and bottom-up perspective to increase the collective ambition of reducing greenhouse gas in Mexico and Brazil aligned with the global objective of the Paris agreement https://www.iddri.org/en/project/act-ddp-project

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

Use case for auto and electric utility: https://www.worldbenchmarkingalliance.org/climate-and-energy-benchmark/

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-13.png  
Function of initiative Implementation, Funding
Activity of initiative Technical operational implementation (ex-post), Fundraising
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://actinitiative.org/resources-2/

Participants

Participants Number Names
Members 98  
Companies 72 Renault,General Motors Company,Toyota Motor Corporation,PSA,Honda,UNIPER,SSE,ENDESA,AGL,NRG,ENEL,ENGIE,EDF,CASINO,JFRONT,DECATHLON,Wharehouse,Walmart,Carrefour,Woolworth,Kesko,Brio'Gel,Eckes Granini France,Fleury Michon,Sill,Albioma,Compagnie Nationale du Rhône,Enercoop,Cap Vert Energie,Ian motion,ABRAPA,Acquistapace,Ad Hoc Architecture,Neotoa,Breger,CAT 29,Groupe Guisnel,Transport Main forte,Transports Derval,Transports Landry,BERT,Bébé au Naturel,Coq en pâte,Legallais,Lyreco France,Maisons du Monde,Samse,Tape à l'œil,Toupargel,Thermador Groupe,Nexity,Vilogia,Vinci immobilier,Groupe Réalités,Bouygues Construction,ICADE,Groupe PSA,BMW AG,Daimler AG,Fiat Chrysler Automobiles NV,Ford Motor Company,General Motors Company,Tesla Motors,Inc.,BAIC Motor Corporation Ltd,Chongqing Changan Automobile Company Limited,Dongfeng Motor Group,FAW Car Company,Limited-A,Geely Automobile Holdings,Guangzhou Automobile Group Co. Ltd,Saic Motor Corporation,Hyundai Motor Co,Volkswagen AG,Tata Motors,Honda Motor Company,Mazda Motor Corporation,Mitsubishi Motors Corporation,Nissan Motor Co. Ltd,Subaru Corporation,Suzuki Motor Corporation
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
Faith based organisations 0
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
2015
2
2016
42
2017
34
2018
12
2019
118
2020
50
2022
372
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 Yes Yes Yes Yes Yes No No No No Yes No No Yes No No No No No No No
Last update: 10 January 2023 15:29:17

Not only have national states as participators