Our pioneering approach in 3D Carbon Accounting
Most of our clients have already made good progress calculating Scope 1 and 2 emissions, which are derived from a company’s
operations and power usage. Our role involves validating these numbers, supporting with abatement actions, setting targets,
and feeding into SBTi and regulatory reporting.
For Scope 3, we often play a much more prominent role in helping our clients to calculate the emissions in their complex supply chains and downstream activities.
To establish your Scope 3 emissions baseline in accordance with the GHG Protocol or ISO14064 standards, we implement a meticulous process that begins with a
pilot designed to minimize workload for your internal teams. Subsequently, we build a supplier engagement strategy to improve the accuracy of the data and
use our market leading AI supported automated approach, especially in relation to Scopes 3.1, 3.4 and 3.9 A key aspect to our approach is the transparency
and auditability of both the datasets we use and the way we map them to your inventory. Together, we create a baseline that will serve as the foundation
for your decarbonisation strategy.
Our system comes with hundreds of thousands of emissions parameters already pre-integrated. We also deliver to our clients our extensive library of abatement
actions, which includes the emissions impact, cost uplift and timing of each action.
Exhibit 1: 3D Carbon Accounting focus framework
Source: Oliver Wyman analysis
Why 3D Carbon Accounting?
3D Carbon Accounting deliver regulatory-grade Scope 3 reporting which is automated, granular, activity-based and customised to your unique data situation.
- Due to our regulatory expertise, we have developed an offering which will meet the high standards and requirements from the Regulators
- We use our deep industry knowledge to incorporate a deep level of industry understanding throughout the project and to the output
- We use AI to augment data avoiding the reliance on a spend based approach to emissions calculations
- We use our proprietary AI to mapping algorithms for large inventories of 100,000+ items
- Our model is dynamic which enables modelling of future emissions and abatement scenarios to help deliver ambitious targets
- We provide clients with our tools offering automated emissions reporting and disclosures across scopes 1, 2 and 3
- We have a full and broad climate sustainability service to set direction, transition and enable change
We work with industry experts across Oliver Wyman to deal with the inevitable complexities of large organizations, leveraging our automated toolkits and industry-specific data models.
Industries We Serve
Automotive. Our automotive emissions models go deep into the automotive supply chain with a strong emphasis on component-level upstream Scope 3 emissions as well as downstream (tailpipe) emissions.
Aviation. Our aviation emissions models include all the major aircraft families and cover upstream and supply-chain emissions, maintenance, and extensive fuel analysis.
Chemicals. Our models calculate emissions from the sourcing, production and transportation of chemicals and associated products. We cover industrial and inorganic chemicals, plastics, materials, synthetics, soap, cleaners, paints, and agricultural chemicals.
Financial services. Building on Oliver Wyman's deep expertise in financial services, our models help firms understand and calculate their financed emissions for their portfolio. They also help banks to support their customers to adapt to this changing world.
Food and agriculture. Our food module models emissions from agriculture and land use through to food processing, packaging, and delivery.
Manufacturing. Covering consumer products including white goods and electronics, our models consider the raw materials required, means of production and transportation together with life in service by the consumer.
Media and sport. We model emissions associated with the creation of ads and their placement in the media, as well as evaluating Scope 3 for sports clubs and institutions.
Pharmaceuticals and healthcare. Our pharma models can work from a simple list of drug brand names or a more detailed inventory. Either way, we consider the active and non-active ingredients including packaging and transportation.
Power and utilities. Our power module forecasts the emissions intensity of the national power grids of 167 different countries and can be analyzed at the level of individual power plants.
Textiles and apparel. Our retail models consider the fabrics and packaging materials used by the world's most storied fashion houses and largest high street groups.
Transportation. Broadening our work beyond automotive and aviation, our transportation expertise includes trains, shipping, and logistics.
Waste. Our models consider the emissions associated with the various forms of treatment, including incineration, landfill and processes that sequest carbon.
CONTACT US
Please get in touch with us, whether you have a general enquiry, would like to see if your firm or organization is eligible for a free pilot analysis, to book a demo, or if you'd like to join our team.
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