ACT Assessing Low-Carbon Transition

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

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
Fundraising — Funds raised
Year2020
Value (MUS$)2.4
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

https://actinitiative.org/resources-2/

Participants

Participants Number Names
Members 245  
Companies 219 AB Sugar (United K.),Asahi Group Holdings (Japan),Bimbo QSR (USA),Diageo Plc (United K.),General Mills Inc (USA),InVivo (France),ITC (India),Nestlé (Switzerland),Nestlé Waters,Roquette (France),Yara international (Norway),Brio'Gel (France),Eckes Granini France (France),Fleury Michon (France),Sill (USA),BAIC Motor Corporation (China),BMW (Germany),Chongqing Changan Automobile Company (China),Daimler (Germany),Dongfeng Motor Group (China),FAW Car Company Limited-A (China),Fiat Chrysler Automobiles NV (United K.),Ford Motor Company (USA),Geely Automobile Holdings (China),General Motors (USA),Guangzhou Automobile Group Co. Ltd (China),Honda (Japan),Hyundai Motor Co. (South Korea),Mazda Motor Corporation (Japan),Mitsubishi Motors Corporation (Japan),Nissan Motor Co. (Japan),PSA (France),Renault (France),Saic Motor Corporation (China),Subaru Corporation (Japan),Suzuki Motor Corporation (Japan),Tata Motors (India),Tesla Motors,(USA),Toyota Motor Corporation (Japan),Volkswagen AG (Germany),Ian motion (France),ACCOR (France),Allianz (Germany),Bouygues construction (France),Covivio (Switzerland),ICADE (France),Nexity (France),Perial (USA),Saint-Gobain (France),Vinci (France),ABRAPA (Brazil),Acquistapace (Germany),Ad Hoc Architecture (Canada),Bouygues Construction (France),Groupe Réalités (France),Neotoa (France),Vilogia (France),Vinci immobilier (France),Ambuja cement (India),Cementir (Italy),Cemex (Mexico),CIMENTS CALCIA (France),Ecocem (France),EQIOM (France),FAYAT BATIMENT (France),HeidelbergCement (Germany),LafargeHolcim (France),Unicem (Nigeria),VICAT (France),ACC Limited (India),Dalmia Cement,Hoffmann Green Cement Technologies (Germany),JSW Cement (India).,UltraTech Cement (India),AES Corporation (USA),AGL Energy (Australia),American Electric Power (USA),CEZ Group (Czech Republic),China Datang Corp (China),China Energy Investment Group - CHN Energy (China),China Huadian Corporation (China),China Huaneng Group (China),China Three Gorges (China),Chubu Electric Power (China),Chugoku Electric Power Company (China),CLP Holdings (Hong Kong China),Comision Federal de Electricidad - CFE (Portugal),Dominion Energy (USA),Duke Energy (USA),E.ON (Germany),EDP Energias de Portugal (Portugal),Egyptian Electricity Holding Company (Egypt),Électricité de France (France),Eletrobras (Brazil),EnBW Energie Baden-Wuerttemberg (Germany),Enel (Italy),Engie (France),Eskom Holdings (South Africa),Exelon Corporation (USA),Fortum (Finland),Iberdrola (Spain),Inter RAO (Russia),Kansai Electric Power Company (Japan),Korea Electric Power Corporation (South Korea),Kyushu Electric Power (Japan),Nextera Energy (USA),NTPC (India),Origin Energy (Australia),Orsted (Denmark),Pacific Gas and Electric (USA),Perusahaan Listrik Negara (Indonesia),RWE (Germany),Saudi Electricity Company (Saudi Arabia),Southern Co (USA),SSE (United K.),State Power Investment Corporation (China),Taiwan Power Company (Taiwan),Tenaga Nasional (Malaysia),Tohoku Electric Power (Japan),Tokyo Electric Power Company - TEPCO (Japan),Uniper (Germany),Vattenfall (Sweden),Vistra Energy Corp (USA),Xcel Energy (USA),Albioma (France),Cap Vert Energie (France),Compagnie Nationale du Rhône (France),Endesa (Spain),Enercoop (France),nrg (USA),Arcelor Mittal (Luxembourg),Jindal Stainless (India),JSW Steel (India),Saint Gobain Group (France),Tata Steel (India),California Resources Corporation (USA),Enbridge (Canada),Energean (United K.),ENGIE (France),Eni (Italy),Equinor (Norway),Galp (Portugal),PrimaGaz (Belgium),REPSOL (Spain),Shell (United K.),Total (France),Tullow (Ghana),UN Global Compact (USA),Butagaz (France),CEPSA (spain),EDF (France),Rubis Energie (France),Woodside (United K.),YPF (Argentina),Origin Energy (Australia),Burgard (Denmark),Decathlon (France),ID Kids (France),Intermarché (France),Kiabi (France),Nature et Découvertes (France),Norauto (France),Bébé au Naturel (France),Carrefour (France),Casino (France),Coq en pâte (France),JFR (USA),Kesko (Finland),Legallais (France),Lyreco France (France),Maisons du Monde (France),Samse (France),Tape à l'œil (France),The Wharehouse (New Zealand),Thermador Groupe (France),Toupargel (France),Walmart (USA),Woolworths (Australia),Aéroports de Lyon (France),Aéroports de Paris (France),Airbus (France),Alstom (France),American Airlines (USA),Andreani (Italy),Blablabus (France),Bollore logistics (france),CMA CGM (France),Confort Delgro (Singapore),DB schneker (Germany),Derval (France),DHL (United K.),Egis,(France),Fedex (USA),Ferrovie dello stato italiane (Italy),Geodis (USA),Groupe Noblet (France),Landry (France),Michelin (France),ODC Marine (France),RATP (France),SAFRAN (France),SNCF (France),SNCF logistics (France),Thalys (France),Transdev (France),UCL (France),BERT (France),Breger (France),CAT 29 (USA),Eurotunnel (United K.),Groupe Guisnel (France),Keolis (France),La Poste (France),TOWT (France),Transport Main forte (France),Transports Derval,Transports Landry (France),Transports TAB (France).
Business organisations 5 EpE
Research and educational organisations 4
Non-governmental organisations 6
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 10 Bpifrance,  Ircantec,  Caisse des Dépôts,  APE,  FRR,  Erafp
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
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
Last update: 21 April 2021 09:20:02

Not only have national states as participators