Baringa and iCI’s webinar series: Decarbonising portfolio companies Scope 3 emissions

Scope 3 emissions typically account for as much as 80% of a company’s total emissions. While many companies have developed tangible strategies to reduce their Scopes 1 & 2 emissions, tackling Scope 3 is proving far more challenging given the lack of available data, its relative opaqueness and the notorious subjectivity around ownership of emissions.

This 4-part series was designed to educate operational staff engaged in ESG & climate topics and appropriate procurement personnel from private equity portfolio companies about Scope 3 emissions, as well as why and how to engage with their value chain partners to reduce emissions impact overall. The webinar series provided practical guidance that was brought to life by real-world case studies from sustainability professionals, in a broad range of sectors, who lived and breathed the journey.

We presented the following webinars:

Deep Dive on Scope 3: Unpacking Value Chain Emissions Complexity
24 May at 4 PM BST

Scope 3 Emissions: Data Collection & Transparency
31 May at 4 PM BST

Setting Scope 3 Targets
08 June at 4 PM BST

Achieving Scope 3 Targets through Engagement
29 June at 4 PM BST

Watch the playbacks:

Deep Dive on Scope 3: Unpacking Value Chain Emissions Complexity

In this webinar Baringa:

• Contextualised the need for Scope 3 measurement and accounting
• Discussed the most widely used framework for doing so: the GHG Protocol
• Provided a framework for calculating your Scope 3 emissions
• Brought these learnings to life with a case study from Guala Closures

Scope 3 Emissions: Data Collection & Transparency

In this webinar Baringa:

• Discussed the four-step iterative process for collecting and evaluating Scope 3 data:

1. Prioritize collecting higher quality data for significant emissions based on the emissions’ characteristics
2. Select primary and secondary data sources; giving you a framework for evaluation
3. Collect the most precise data available to your business; identifying common pitfalls
4. Improve emissions measurement and reporting based on changes to the internal and external landscape

• Provided insights into Scope 3 tools in the market that can help your business
• Brought these learnings to life with three case studies

Setting Scope 3 Targets

In this webinar Baringa:

• Introduced science-based targets and how the Science Based Targets initiative (SBTi) supports and validates targets for corporates
• Discussed different methods to set Scope 3 targets and the pros and cons of the different target types
• Provided insights into best practices and minimum requirements when setting Scope 3 targets
• Brought these learnings to life with two case studies

Achieving Scope 3 Targets Through Engagement

In this webinar Baringa:

• Discussed different methods a company can use to reduce their Scope 3 emissions through engagement with their value chain 
• Provided best practices and helpful tools to help engage with suppliers and customers