Free data!
Following up on our first dataset that enabled the disaggregation of supply chain emissions into sectors, DecarbNexus is releasing a companion dataset that lets you break down any sector’s scope 1 emissions within your value chain into GHG sources. https://lnkd.in/eFAYEXsV
I find this data incredibly powerful for value chain decarbonization. When paired with our first dataset, it translates your organization's scope 3 emissions into the very actionable language of GHG sources - think maritime fuel, coking coal, refrigerants, etc. There are 218 unique GHG sources in the dataset, categorized for corporate use. The world has climate solutions for each but most need climate finance.
The other powerful aspect of this framing is corporate data becomes linked to regional GHG inventories, in this case the US inventory for 2022. When I first examined a corporate inventory from this perspective, I sat back and stared at the results for a while. All the emission sources discussed in IPCC reports and regional inventories are on your screen, allocated to an organization's value chain. This is the clearest connection I have seen between private and public reporting. It highlights why an organization's demand or supply on the economy carries the responsibility to decarbonize through scope 3 targets. It is truly awe-inspiring.
Credits go to the USEEIO team, formerly working for the US EPA and now in the new initiative Cornerstone, and to the US EPA team creating the National GHG Inventory. They did the heavy lifting, I just repackaged and enriched their results with the frameworks needed in the corporate world.
As always, the dataset is interactive and open for feedback. The code and documentation will be released soon, as well as an interactive visualization combining the first and second dataset—let me know if you need early access!
It's Thanksgiving week in the US and I want to express my immense gratitude to the US EPA team responsible for the US inventory. Their annual efforts are monumental and result in a rich, comprehensive assessment. I believe the US inventory is a mostly untapped resource in the corporate world, offering highly valuable insights. It is also the sole data source for GHG emissions in the widely used USEEIO spend-based emission factors. The team has been facing significant challenges with this year's changes and the shutdown. I wish each team member the very best and hope they know their work is deeply appreciated.
Check out the dataset, share your thoughts, and repost if your network could use it. Let’s accelerate value chain decarbonization together.
Luke Pritchard Sam Pearl Schwartz Kim Carnahan Oliver Hurrey Holly Lahd Alexia Kelly Wesley Ingwersen Devon Lake Nicholas Liu-Sontag Joseph Sarvary Mike Taptich Tim Smith
#decarbonization #ValueChain #ClimateFinance #CarbonFinance #IndirectMitigation #BookAndClaim #Insetting #Scope3 #EACs #MarketBasedMechanisms #opensource #NetZero
