The design and implementation of ADEME’s voluntary program is the specific part of CLIMFOOT project connected with ACT.
ACT aims at developing a set of methodologies that will take a holistic view of a company’s, looking both at its operational impacts and dependencies, as well as of its supply chain. The ultimate goal is to drive action by companies and put them on a 2°C compatible pathway in terms of their climate strategy, business model, investments, operations, GHG emissions and GHG emission management.
During this pilot, 3 sectors will be addressed: Electric utilities, Auto Manufacturers and Retail. These 3 sectors are covering issues pertaining to: large emitters, complex supply chains, complex value chains, mitigation issues, agricultural emissions, complex regulatory environments, and have been chosen because they cover this large scope of issues and complexity.
ACT will assess alignment with low-carbon transition, by assessing the credibility of climate related information and commitments from companies. In other words, ACT shall assess the level of confidence in the organization’s climate strategy. Five simple questions help to do so:
Q1 What the company proposes to do?
Q2 How the company plans to do it?
Q3 What the company is doing now?
Q4 What the company has already done?
Q5 How does it all fit together?
ACT is led by ADEME and CDP and gather (as partners) the European Investment Bank and 2°C Investing Initiative. Total budget is around 400k€ funded 100% by the partners (on which 70% is funded by ADEME). 2°C Investing is providing technical inputs in the frame of SEI Metrics (H2020 funded project – Project number: 649982).
A pilot phase will involve 25 companies from more than 10 countries (France, Italy, Spain, UK, Germany, Finland, US, Mexico, Japan, South Africa, Australia, Brazil).