ACT Assessing Low-Carbon Transition

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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 ADEMA and CDP are co-founders.

Contacts: Lisa Bertrand, ADEME, e-mail: Lisa.BERTRAND@ademe.fr, phone: +33 (0)2 41 20 43 30

Esther Stoakes, CDP, e-mail: esther.stoakes@cdp.net

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. 2) The Board establisd a Technical Working Group (TWG) of experts an representative stakeholders. 3) The TWG develop a methodology. 4) The methodology is submitted for review by the Council and public consultation. 5) The Board validates the methodology

Geographical coverage Global
Name of lead organisation ACT
Type of lead organisation Other intergovernmental organization
Location/Nationality of lead organisation France

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 - developed, tested and implementing methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (both Construction and Real Estate).

- 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

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 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.
Comments on indicators and goals Companies are assessed using the following framework:

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 these plans and actions fit together?

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,+"

How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting You can find overall descriptions and all the sector methodologies on

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

Participants

Participants Number Names
Members 136  
Companies 135 According to the web-site 11 February 2020
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 0
Governmental actors 1 French Environmental Ministry
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 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
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