- Participants
Brazil
EUA
Reino Unido
Japão
CarbonPrime
CarbonPrime
Helping Supply Chain Partners
Share, Manage, and Monetize
primary emission data
Helping Supply Chain Partners
Share, Manage, and Monetize
primary emission data
We were the first to demonstrate that supply chain emissions can be accurately measured and managed based on a decentralized flow of primary data. Our approach allows commercial partners to collaborate on mitigation strategies with transparency and accuracy while maintaining privacy.
Join us and bring your supply chain along!
We were the first to demonstrate that supply chain emissions can be accurately measured and managed based on a decentralized flow of primary data. Our approach allows commercial partners to collaborate on mitigation strategies with transparency and accuracy while maintaining privacy.
Join us and bring your supply chain along!
We have partnered with SINAI Technologies to bring primary emission data to the cloud. Building the inventory from the bottom up enables supply chain partners to allocate and manage supply chain emissions.
We have partnered with SINAI Technologies to bring primary emission data to the cloud. Building the inventory from the bottom up enables supply chain partners to allocate and manage supply chain emissions.
CarbonPrime Scope
Participant Organizations
0
Facilities
0
Primary Emission Data Sources
0
Timeline
First Pitch
With sponsorship from Sumitomo Corporation of Americas, the CarbonPrime team is formed around the idea that if we are supply chain partners, part of your Scope 1 and 2 Emissions are my Scope 3 and vice versa!
2019
2020
First Movers
We partner with Sinai Technologies to develop a Proof of Concept. Bayer, Amaggi, and JBS are the first commercially connected supply chain players to tackle the challenge of creating a view of Scope 3 emissions using real world primary data.
Defining a Scope
Primary emission data for 2020 is migrated to the Sinai platform and work begins on allocating emissions for facilities in Brazil. Data volume scales quickly and in order to facilitate future audits and validation, the team decides to limit the POC scope - leaving integration of primary data from other partners such as fertilizer producers and small farmers for Phase 2.
2021
2022
Preliminary Results
Initial results provide strong evidence that allowing primary data to flow in the supply chain can paint a radically different view of Scope 3 intensity and should provide a strong foundation for emission mitigation investment strategies.
POC Results Announcement
POC Results are announced and Big 4 Accounting firms are invited to audit primary data sources and allocation methodologies used.
2023
Partners Citations
“Agriculture, more now than ever, is part of the solutions to our planet’s climate challenge. It is crucial to intensify the adoption of sustainable agricultural practices and to strengthen the value of Nature-Based Solutions, but to be fully successful, solutions must work together collaboratively across different industries and throughout the whole value chain. “CarbonPrime reflects this, showing how cooperation and mutual commitment can deliver more efficiency, sustainability and transparency to every stakeholder involved, benefiting growers, the environment, and society as a whole.”
“Climate change is the challenge of our time and we must act urgently to combat the negative effects of global warming and feed a growing world population. As one of the most diversified global food companies, we have an opportunity to leverage our scale and influence to help lead a sustainable transformation of agricultural markets that empowers producers, suppliers, customers, and consumers. Agriculture and livestock are part of the global climate solution. Science and data-led collaborative industry initiatives such as this are critical to increase transparency, more accurately benchmark progress and optimize decarbonization investment across our value chain."
“Visualizing primary data across supply chains is a very important step in helping companies, investors, and policy makers design effective strategies to keep global warming below +1.5oC. RMI is advising WBCSD in their Pathfinder initiative and encourages other industry leaders to develop such capabilities.”
“Enabling supply chain partners to accurately and efficiently allocate and manage emissions is a complex undertaking. To make this initiative possible, a robust software platform that utilizes consistent methods of allocation for the same products throughout the value chain was critical. The initial release of this effort represents a significant milestone, as it provides preliminary results that demonstrate the potential for a new perspective on emissions intensity within a specific pilot value chain. We are thrilled to take this first step towards achieving more precise and efficient calculations of emissions data, with the ultimate goal of facilitating data sharing across multiple global supply chains."
"Taking part in such an initiative with key players within our value chain strengthens AMAGGI's ESG goals. We understand that agriculture has a fundamental role in the mitigation of climate change. Therefore, offering climate solutions to global challenges is in line with our sustainability strategy, which includes commitments to reduce our emissions by 2035 and to neutralize net emissions by 2050 (NetZero emissions), according to the Science-Based Targets initiative (SBTi) and the global Race to Zero movement, which we are a part of."
“The partnership with SINAI offers a platform to centralize data on greenhouse gas emissions from the company's activities, allowing the targeting of mitigation strategies for the impacts caused, as well as defining goals to reduce these emissions. It is also possible to share data with stakeholders, as part of the monitoring of the value chain, providing transparency to the process.”
“Investing in emission reduction opportunities is just like any other investment. If I’m buying shares in a company, I want to know how that specific company performs. I need to understand that company’s primary data. Secondary data, like sector wide performance and industry history are relevant, but far from adequate to justify investment in a specific stock.”
“The initial goal here was to share relevant primary data in a supply chain. Allowing primary emissions data to flow in a supply chain is important because it can provide a solid foundation on which to base investments and other business decisions. CarbonPrime aims to accelerate the deployment of capital in sustainable infrastructure, and data transparency and reliability must be our lynchpin.”
- Participants
Brazil
EUA
Reino Unido
Japão