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We explore different approaches to allocating responsibility for BVCM to companies as well as the tension between "responsibility" and "ability" to pay
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Classroom Contents
Beyond Value Chain Mitigation: Public Consultation and Guidance Development
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- 1 Intro
- 2 BVCM is one of the four elements of the Net-Zero Standard
- 3 The consultation process is structured around 9 topics
- 4 There is a need to provide more information on what activities and types of investments can fulfil company commitments to BVCM... there are a number of areas on which we're consulting
- 5 We intend to structure the BVCM guidance on the four steps below
- 6 We explore different approaches to allocating responsibility for BVCM to companies as well as the tension between "responsibility" and "ability" to pay
- 7 We are consulting on 3 possible methods that companies could use to determine the nature and scale of their commitment to BVCM
- 8 We are consulting on 6 Principles for step 3 to support companies in designing a BVCM portfolio
- 9 While claims are an important part of the business case for BVCM, they are also a source of risk for companies given the evolving regulatory landscape
- 10 There are a number of important developments in this space, including..
- 11 We utilized insights from a recent survey of 212 businesses and interviews with a further 25 to propose a set of incentive mechanisms
- 12 We highlight potential actions to remove barriers to investment in BVCM, and new incentives for promoting it
- 13 We have created 3 fictional case studies to help visualize how companies operationalize the SBTI's recommendations
