Difference between revisions of "ACT Assessing Low-Carbon Transition"
| Line 329: | Line 329: | ||
RWE (Germany), | RWE (Germany), | ||
Saarstahl Ascoval (Germany), | Saarstahl Ascoval (Germany), | ||
| − | |||
| − | |||
Saic Motor Corporation (China), | Saic Motor Corporation (China), | ||
| − | + | SAFRAN (France), | |
Saint-Gobain (France), | Saint-Gobain (France), | ||
Samse (France), | Samse (France), | ||
| + | Santos (Australia), | ||
| + | Saras (Italy), | ||
| + | Sasol (South Africa), | ||
| + | Saudi Aramco (Saudi Arabia), | ||
Saudi Electricity Company (Saudi Arabia), | Saudi Electricity Company (Saudi Arabia), | ||
| + | Setforge (France), | ||
| + | Shaanxi Yanchang Petroleum Group (China), | ||
Shell (United K.), | Shell (United K.), | ||
| + | Sigma Informatique (France), | ||
| + | |||
| + | |||
Sill (USA), | Sill (USA), | ||
SNCF (France), | SNCF (France), | ||
Revision as of 14:54, 21 July 2022
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; 20 avenue du Grésillé 49000 ANGERS, France. 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 is a joint voluntary initiative of the UNFCCC secretariat Global Climate Agenda initiated by ADEME, the French Agency for Ecological Transition, and CDP, the global disclosure system. Assuming that carbon footprint doesn't allow forward looking approach to address low-carbon transition challenge and that there is no framework to assess the relevance and trustworthiness of climate commitment from the private sector, ACT is the only international initiative that creates an accountability framework and sectoral methodologies to assess how companies strategies and actions are contributing to the Paris Agreement mitigation goals.
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. |
|---|---|
| Objectives | ACT overall purpose is to drive climate action by companies and align their strategies with low-carbon pathways. ACT provides sector specific methodologies, training and tools as an accountability framework to develop, improve and assess corporate low-carbon strategies against relevant individual 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.
-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) to raise awareness and build 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 | To date ACT multistakeholders developed methodologies cover: automotive manufacturing, electric utility, retail, construction, real estate, property development, transport, cement, oil & gas. A new methodology and toolbox named ACT Step by Step aims at guiding companies with low carbon strategy and action plan development and implementation. Through the French Voluntary Program an increasing number of companies are implementing ACT methodologies with funding from ADEME and technical support from a community of trained consultants. With "PME sobres en carbone", Québec Net Positif and CCG are set to build a similar local ecosystem in Québec.
The World Benchmarking Alliance has now publicly published 100 ACT assessments through its Climate and Energy Benchmark, ranking 30 automobile manufacturing companies and 50 electric utility. In June 2021, 100 oil & gas companies will be assessed with the relevant ACT methodologies. https://www.worldbenchmarkingalliance.org/climate-and-energy-benchmark/ |
Monitoring and Impacts
| Function of initiative | Implementation, Funding | ||||
|---|---|---|---|---|---|
| Activity of initiative | Technical operational implementation (ex-post), Fundraising | ||||
| Indicators |
Fundraising — Funds raised
| ||||
| Goals | Use of ACT ratings globally by companies, policy makers and financial institutions to track climate actions progress towards low-carbon world.
Target of 1000 engaged companies in 2022. | ||||
| 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.
Develop climate accountability standards for all high emitting sectors (idntified by TCFD) as well as a generic methodology so any companies including from supply chain can use ACT methodologies to assess their decarbonisation strategies and progress towards well below 2°C economy. Target value: 16, base year 2015, target year 2022. | ||||
| Have you changed or strenghtened your goals | N/A | ||||
| Progress towards the goals | World Benchmarking Alliance Climate & Energy Benchmark assessing 450 companies with ACT methodologies: https://www.worldbenchmarkingalliance.org/climate-and-energy-benchmark/
Six main public financial investors signed the ACT engagement charter: https://actinitiative.org/about-us/ | ||||
| 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 |
Participants
| Participants | Number | Names | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Members | 218 | |||||||||||||||
| Companies | 217 | AB Sugar (United K.),ABRAPA (Brazil),Abu Dhabi National Oil Company (Abu Dhabi),ACCOR (France),Acquistapace (Germany),Ad Hoc Architecture (Canada),AES Corporation (USA),AGC Inc. (Japan),AGL Energy (Australia),Air Liquide (USA),Airbus (France),Albioma (France),Allianz (Germany),Alstom (France),Aluminium Dunkerque (France),American Electric Power (USA),Ampol (Australia),Andreani (Italy),Anhui Jianghuai Automobile Co. (China),Apache Corporation (USA),Aperam (Luxembourg),Arcelor Mittal (Luxembourg),Auchan (France),Aughinish Alumina (Ireland),Aurea Affimet (France),Autajon (France),Axis Experts Conseils (France),Aéroports de Lyon (France),Aéroports de Paris (france),Bharat Petroleum Corporation (India),BHB Group (Emirates),Bebe au Naturel (France),Bimbo QSR (USA),Blablabus (France),BMW (Germany),BNP Paris Real Estate (France),Bollore logistics (France),Bontaz (France),Borealis (Austria),Bouygues Construction (France),BP (United K.),Breger (France),Brio'Gel (France),Bureau Vallée (France),Burgard (Denmark),Butagaz (France),BYD (China),Cabor Corporation (France),California Resources Corporation (USA),Canadian Natural Resources (canada),Cap Vert Energie (France),Carrefour (France),Casino (France),CAT 29 (USA),Cementir (Italy),Cemex (Mexico),Cenovus Energy (Canada),CEPSA (Spain),Cetih (France),CEZ Group (Czech Republic),Chesapeake Energy Corp (USA),Chevron (USA),China Datang Corp (China),China Energy Investment Group - CHN Energy (China),China Huadian Corporation (China),China Huaneng Group (China),Chubu Electric Power (China),Chugoku Electric Power Company (China),CIMENTS CALCIA (France),Clear Channel (France),CLP Holdings (Hong Kong China),CMA CGM (France),Comision Federal de Electricidad - CFE (Portugal),Compagnie Nationale du Rhône (France),Companhia Brasileira de Aluminio (Brazil),Confort Delgro (Singapore),ConocoPhillips (USA),Constellium France (France),Cooperl (France),Coq en pâte (France),Cosmo Energy Holdings (Japan),Covivio (Switzerland),CPC Corporation (Taiwan),Crédit Municipal de Nantes (France),Daimler (Germany),Dalmia Cement,DB Schneker (Germany),Decathlon (France),Derval (France),Devon (United K.),DHL (United K.),Diageo Plc (United K.),Dominion Energy (USA),Domo Chemicals (Belgium),Dongfeng Motor Group (China),Dow (USA),Duke Energy (USA),E.ON (Germany),Eckes Granini France (France),Ecocem (France),Ecoles Management de Grenoble (France),Ecopetrol (USA),ECOS (France),EDF (France),EDP Energias de Portugal (Portugal),Egis,(France),Egyptian Electricity Holding Company (Egypt),Egyptian General Petroleum Corporation (Egypt),Eletrobras (Brazil),Elkem Silicones (France),Emirate Global Aluminium (Emirates),Emirates National Oil Company (Emirates),Enbridge (Canada),EnBW Energie Baden-Wuerttemberg (Germany),Ence (Finland),Endesa (Spain),Enel (Italy),ENEOS Holdings (Japan),Enercoop (France),Energean (United K.),Engie (France),ENGIE (France),Eni (Italy),Enterprise Products Partners (USA),EOG Resources (USA),EQIOM (France),Equinor (Norway),Eskom Holdings (South Africa),Eurotunnel (United K.),Exelon Corporation (USA),Exxon Mobil (USA),FAW Car Company Limited-A (China),FAYAT BATIMENT (France),Fedex (USA),FEFCO (Belgium),Ferrovie dello stato italiane (Italy),Fiat Chrysler Automobiles NV (United K.),Firmenich Incorporated (USA),Fleury Michon (France),Foncière INEA (France),Ford Motor Company (USA),Formosa Petrochemical Corp (Taiwan),Fortum (Finland),GA Construction (France),GAIL (India),Galp (Portugal),Gazprom (Russia),Geely Automobile Holdings (China),General Mills Inc (USA),General Motors (USA),Geodis (USA),Groupe Gilbert (France),Groupe Guisnel (France),Groupe Noblet (France),Groupe Pochet (France),Groupe PSA (France),Groupe Réalités (France),Groupe Sabará (France),GS Holdings (Canada),GSE Group (United K.),Guangzhou Automobile Group Co. Ltd (China),Hamelin (United K.),Harmonie Mutuelle (France),HeidelbergCement (Germany),Hellenic Petroleum (Greece),Hess Corporation (USA),Hoffmann Green Cement Technologies (Germany),HollyFrontier Corp (USA),Honda (Japan),Huntsman (USA),Hyundai Motor Co. (South Korea),Ian motion (France),Ibema (Brazil),Iberdrola (Spain),ICADE (France),ICF Habitat (France),ID Kids (France),Idemitsu Kosan (Japan),Indian Oil Corporation (India),Inovyn (Belgium),Inpex (Japan),Inter RAO (Russia),Intermarché (France),InVivo (France),ITC (India),JFR (USA),Jindal Stainless (India),JSW Cement (India).,JSW Steel (India),Kansai Electric Power Company (Japan),Kemira (Finland),Keolis (France),Keran (France),Kersia (USA),Kesko (Finland),Kia motors (South Korea),Kiabi (France),K line (India),Knauf Insulation (United K.),Korea Electric Power Corporation (South Korea),Kuwait Petroleum Corporation (Kuwait),Kyushu Electric Power (Japan),La Poste (France),LafargeHolcim (France),Landry (France),Lecofruit (Madagascar),Legallais (France),Liberty Steel (United K.),Lyreco France (France),Mahindra & Mahindra (India),Maisons du Monde (France),Mane (France),Marathon Oil (USA),Mazda Motor Corporation (Japan),Michelin (France),Mitsubishi Motors Corporation (Japan),MOL Magyar Olajes Gazipari Nyrt (Hungary),Naftogaz (Ukraine),National Iranian Oil Company (Iran),National Oil Corporation of Libya (Libya),Nature et Découvertes (France),Naturgy Energy (Spain),Neotoa (France),Neste (Finland),Nestlé (Switzerland),Nestlé Waters,Nexity (France),Nextera Energy (USA),NGL Energy Partners (United K.),Nigerian National Petroleum Corporation (Nigeria),NK KazMunayGaz (Kazakstan),Nippon Paint (Japan),Nissan Motor Co. (Japan),Norauto (France),Novatek (Russia),nrg (USA),NSG (USA),NTPC (India),Occidental Petroleum (USA),ODC Marine (France),Oil and Natural Gas Corporation (India),Origin Energy (Australia),Orsted (Denmark),Owens Corning (United K.)
Pacific Gas and Electric (USA),Paprec (France),Perial (USA),Perusahaan Listrik Negara (Indonesia),Petroecuador (Ecuador),Petrobras (Brazil),Petroleos de Venezuela (Venezuela),Petroleos Mexicanos (Mexico),Petroleum Development Oman (Oman),PetroSA (South Africa),Philips 66 (Netherlands),Pioneer Natural Resources (USA),Plastic Energy (United K.),Polski Koncern Naftowy Orlen (Poland),Posson Packaging (France),PrimaGaz (Belgium),PSA (France),PTT (USA),Pyrex (USA),Pôle Emploi (Poland),Qatar Petroleum (Qatar),RATP (France),Reliance Industries (India),Renault (France),REPSOL (Spain),Restoria (France),Roquette (France),Rosneft (Russia),Royal Canin (USA),Rubis Energie (France),RWE (Germany),Saarstahl Ascoval (Germany),Saic Motor Corporation (China),SAFRAN (France),Saint-Gobain (France),Samse (France),Santos (Australia),Saras (Italy),Sasol (South Africa),Saudi Aramco (Saudi Arabia),Saudi Electricity Company (Saudi Arabia),Setforge (France),Shaanxi Yanchang Petroleum Group (China),Shell (United K.),Sigma Informatique (France),Sill (USA),SNCF (France),SNCF logistics (France),Southern Co (USA),SSE (United K.),State Power Investment Corporation (China),Subaru Corporation (Japan),Suzuki Motor Corporation (Japan),Taiwan Power Company (Taiwan),Tape à l'œil (France),Tata Motors (India),Tata Steel (India),Tenaga Nasional (Malaysia),Tesla Motors,(USA),Thalys (France),The Wharehouse (New Zealand),Thermador Groupe (France),Tohoku Electric Power (Japan),Tokyo Electric Power Company - TEPCO (Japan),Total (France),Toupargel (France),TOWT (France),Toyota Motor Corporation (Japan),Transdev (France),Transport Main forte (France),Transports Derval,Transports Landry (France),Transports TAB (France). Tullow (Ghana),UCL (France),UltraTech Cement (India),UN Global Compact (USA),Unicem (Nigeria),Uniper (Germany),Vattenfall (Sweden),VICAT (France),Vilogia (France),Vinci (France),Vinci immobilier (France),Vistra Energy Corp (USA),Volkswagen AG (Germany),Walmart (USA),Woodside (United K.),Woolworths (Australia),Xcel Energy (USA),Yara international (Norway),YPF (Argentina) | ||||||||||||||
| Business organisations | 0 | |||||||||||||||
| Research and educational organisations | 0 | |||||||||||||||
| Non-governmental organisations | 0 | |||||||||||||||
| National states | 0 | |||||||||||||||
| Governmental actors | 1 | French Ministry for the Ecological Transition | ||||||||||||||
| Regional / state / county actors | 0 | |||||||||||||||
| City / municipal actors | 0 | |||||||||||||||
| Intergovernmental organisations | 0 | |||||||||||||||
| Financial Institutions | 0 | |||||||||||||||
| Faith based organisations | 0 | |||||||||||||||
| Other members | 0 | |||||||||||||||
| Supporting partners | 0 | |||||||||||||||
| 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 | Yes | Yes | Yes | Yes | Yes | No | No | No | No | Yes | No | No | Yes | Yes | No | No | No | No | No | No |
Not only have national states as participators