At Patagonia, more than 95 percent of our emissions come from our supply chain. The same goes for many companies. Without a standardized way to account for the investments we’re making in reducing our supply chain emissions, it would be impossible to quantify or reach our climate goals. We urge all companies to take a hard look into their supply chains to understand the true climate costs of doing business. It’s imperative we work together to scale investment in supply chain climate action to lower our planetary impact and protect our communities from the worst effects of the climate crisis. Tools like the Verra Scope 3 Standard Program can provide much-needed clarity and enable direct action within your supply chain. We’ve worked with Verra for years to develop their program for scaling supply chain climate action. If you or your business are looking to cut scope 3 emissions, they’d love to hear from you, too.
📢 Verra has launched the first public consultation on preliminary program documents for its incipient Scope 3 Standard (S3S) Program! The purpose of this consultation is to gather feedback on the clarity, comprehensiveness, and feasibility of essential program rules, concepts, and associated guidance. 📆 The consultation runs from March 6 through April 21, 2025. 💡The S3S Program builds on Verra’s flagship Verified Carbon Standard (VCS) Program and aims to deliver an innovative suite of harmonized requirements and guidance, filling a current critical market gap for a consistent approach to addressing Scope 3 emissions. As a result, Verra’s new S3S Program is well-positioned to drive investment and scale up in-value-chain climate action. The program will include the following elements: ✅ Auditable and robust rules and requirements to enable assurance of credible Scope 3 intervention outcomes ✅ Standardized, science-based, and peer-reviewed quantification methodologies that are publicly available ✅ A transparent Scope 3 Registry to aid transparency, drive co-investment, and bring integrity and clarity through unit issuance ✅ Third-party verification of Scope 3 intervention data, methods, and outcomes ✅ Certification of Scope 3 interventions and their greenhouse gas outcomes, built on Verra’s robust third-party auditing and verification systems Read the full announcement and provide feedback on the draft documents: https://bit.ly/41uxY4t #Verra #Scope3 #CarbonMarkets #ClimateAction #StandardsMatter