The Carbon Trust

Delivering tangible impact is at the heart of everything we do. We are proud to bring you our latest impact report. It shows how climate action can benefit planet, business, and people and that even though it can be hard, it is possible. Take a look at our progress which we hope will encourage others to act ➡️ https://lnkd.in/e_fdmuvB Explore our report and see:  💡 how we define, measure, and drive impact throughout our work  🤝 how we drive climate action through collaboration with partners and clients   🎯 progress on our own Net Zero journey #ClimateStrategy #NetZero #SBTs  

🌍 COP29 has closed in Azerbaijan to a mixed response from world leaders and civil society. But what will the agreements reached in Baku mean for businesses? In this month’s edition of the Net Zero Roundup, Carbon Trust experts and COP29 delegates reflect on their time in Baku and explore the business opportunities that could stem from: 💰 The new $300bn international climate finance goal 🍃 The beginning of the UN carbon market under Article 6 🎯 Increasing national climate ambition and the road to COP30 Read their insights below ⬇️

🌍 Decarbonising the fashion industry 👚 The Carbon Trust is proud to have contributed to the 'Status of German Fashion 2024' study, published today by the Fashion Council Germany, in partnership with eBay and Oxford Economics. This study delves into the key trends, challenges, and opportunities shaping the German fashion industry — with a strong focus on sustainability. Our contribution focuses on practical recommendations for decarbonising the fashion sector. From transforming supplier relationships, implementing circularity principles to financing, the path forward is clear: sustainability is no longer optional, it is essential. Read the full report and explore our recommendations here ➡️ https://lnkd.in/eRXvdmjd

🔧 CBAM for steel, aluminium and iron 🔧 Steel, iron, and aluminium are essential to Europe's core industries. They are also crucial for the green transition, being used in renewable energy infrastructure, electric vehicles and charging points. They are also very carbon-intensive materials.   For businesses in these value chains, CBAM has widespread implications. 1️⃣ What does it mean for you? 2️⃣ What are the reporting requirements? 3️⃣ How will it impact your costs, business operations and supplier engagement?  4️⃣ What other ripple effects may it have? Find out in our latest insight ➡️ https://lnkd.in/gKGNridF

Targeted climate action relies on accurate data. Yet, many companies struggle to access reliable emissions data on the goods and services they purchase due to a lack of standardisation in the exchange of such data.   That is why the WBCSD – World Business Council for Sustainable Development has developed PACT (Partnership for Carbon Transparency) – a standardised approach to calculate and exchange supplier-specific product carbon footprints. 👣 We’re proud to support this initiative by enabling companies to share verified product carbon footprints aligned with PACT. Discover more about PACT ➡️ https://lnkd.in/e4PUFSSP

In our role as an official nominator, we were honoured to be invited to The Earthshot Prize ceremony which took place as part of Earth Shot Week in Cape Town. Azminah Mayet, Associate in our South Africa team represented the Carbon Trust. The event showcased the inspiring work of many innovators, philanthropists, investors, programme managers, and consultants across the globe who are striving to make a positive impact on the climate. Congratulations to all the deserving nominees and winners! 👏 With the deadline for the next wave of nominations on 11 December, we look forward to putting some innovative initiatives up for next year's award.

🎙️ Hear from our Head of Sustainable Finance, Pietro R., on Lloyds Corporate & Institutional's ‘Credible transition plans in practice’ podcast, in collaboration with edie Extra.   In this episode, Pietro explores how credible transition plans (CTPs) drive innovation, competitiveness, and resilience in a low-carbon economy.   Why does this matter? 🎯 Organisations fear falling short on setting bold targets, yet investor pressure for ambitious action is rising. 💷 Transition plans are now a key focus for the investment process, with 82% of investors frequently discussing them during corporate engagements.   Don’t miss this deep dive into the strategic importance of CTPs. Listen here ➡️ https://lnkd.in/emRiBX7a

🧑🌾🌾 Following the outcomes emerging from COP29’s agri-day, where US and UAE innovation funding to reduce climate impact and enhance farming resilience was announced, we are sharing some learnings from our recently hosted Net Zero food and agricultural system roundtable. The event brought together leading voices committed to decarbonising food and agriculture from across the value chain including processors, retailers, insurers, financers, and key industry bodies. The discussion focused on the challenges of scaling data-driven technology innovation across the food and agriculture value chain. 💡 Here are some of our key takeaways: 1️⃣ Scaling and commercialising Net Zero technologies is critical for the food and agriculture sector, with MRV (Measurement, Reporting, and Verification) technologies a key enabler for transparency, traceability, and precise impact tracking. 2️⃣ Robust MRV systems can facilitate innovative financing and improve access to affordable financial products. 3️⃣ Data collection must be consistent and reliable without overburdening producers. 4️⃣ Adoption and scalability depend on aligning solutions with producers' needs and demonstrating clear value. 5️⃣ System transformation requires collaboration among retailers, processors, tech providers, and financiers to scale effective technologies. 6️⃣ Retailers and processors can drive cost efficiencies and scalability by leveraging purchasing power and verified producer data. Thanks to everyone who participated! As a result of these discussions, we are refining the objectives of our new Food & Agriculture Systems Technology Accelerator (FASTA) in collaboration with UK Agri-Tech Centre. If you are a food producer, processor, retailer, or part of the wider financing sector and would like to find out more, please get in touch: https://lnkd.in/e35d53sP

🌍📈 With Africa's population projected to rise by 63% by 2050, the challenge of feeding a booming population, alongside adapting to a changing climate, is set to intensify. The latest Powering Renewable Energy Opportunities (PREO) report explores the challenges and opportunities for agriculture and food production in the face of this rapidly increasing population growth on the continent. 🌱🧑🌾 'Cultivating opportunities in Africa: Powering agricultural productivity through renewable energy integration' - explores the integration of productive use of renewable energy technologies, like solar-powered pumps and cold storage, examining their potential to transform agriculture, enhance livelihoods, improve incomes and strengthen food security. The report showcases five PREO-supported companies (SIMUSOLAR LIMITED, Good Nature Agro, Heifer International, Koolboks, SokoFresh™) driving this change. The Carbon Trust is proud to deliver PREO, alongside Energy 4 Impact, with support from Transforming Energy Access and IKEA Foundation. Read the report ➡️ https://lnkd.in/eTykuj4F

With a busy week one of COP29 Azerbaijan over, here are some highlights from the Carbon Trust delegation... 🌍   ⛏️ Bogi Højgaard CFA took the stage at an event organised by CPI, focusing on coal retirement in Asia. Drawing on our team’s extensive experience in coal transition, the discussion highlighted practical pathways to accelerate a just energy transition in the region.   💴 Amanda Luna Mera joined a Bank Pembangunan Malaysia Berhad event, alongside senior representatives from leading Asian banks. The panel explored innovative strategies to unlock climate financing, emphasising regional collaboration for sustainable growth.   💸 Amanda also spoke at Carbon Pricing in the America's event on ‘Leveraging carbon pricing for climate finance in the Americas’. This session underscored the critical role of carbon pricing as a tool to mobilise financing for climate action across Pan-American nations.   🤝 We hosted our official side event, organised in collaboration with the National Council on Climate Change (NCCC). The high-level discussion with Dr. Kabir Yusuf from the Federal Ministry of Agriculture and Food Security, Nigeria and Mr. Muhammad Shahid Ahmed from the Nigerian Financial Intelligence Unit delved into the ecosystems required for a value-added, climate-resilient, and just transition in emerging markets. The Carbon Trust shared insights from Zero Emission Generators activity in Nigeria and insights on climate finance from the Latin America region. The session explored the potential of localised value chains to build sustainable, equitable and resilient economies.   It's been a week filled with action and insights. We’re looking forward to what the final few days of the conference have in store.