Partnership for Carbon Transparency
PACT is at the forefront of sustainable value chains, setting new standards and forging partnerships to make a difference. With clear data and teamwork, we’re making it easier for everyone to join the journey towards a greener future.
A streamlined methodology for calculating and exchanging product carbon footprints. Improving accuracy and enabling decarbonization across value chains.
Approach
A credible and scalable standard, making it easier for you to calculate and exchange Scope 3 data
With member companies from all business sectors and all major economies, and as the co-convenor of the GHG Protocol, WBCSD’s neutral position ensures trust and a common vision and strategy to decarbonize across supply chains and industries.
Each organization is the sole owner of and exercises sovereignty over its data, with full control over who has access to any data-point. The granularity of the data exchanged and the tool with which it is exchanged is chosen flexibly in line with PACT requirements. The technology is accompanied and supported by a governance framework that further strengthens the data sovereignty of each stakeholder.
Organizations simply cannot track and reduce what they cannot measure, putting at risk the achievement of their net zero targets. By enabling access to granular, consistent, and actionable supplier data in a scalable way, PACT allows step-by-step and fit-for-purpose integration to enable business decisions.
By bringing together a growing number of stakeholders across value chains and industries as well as standard-setting bodies, leading technology companies, reporting organizations and regulators, PACT drives exchange, alignment and integration.
Evolution of PACT
PACT is born
A number of ambitious WBCSD member companies came together and, with the support of McKinsey as knowledge partner, PACT was born with the idea of solving one of the biggest challenges in sustainability: accurately measuring and creating transparency in Scope 3 emissions.
Publication of Pathfinder Framework version 1
New guidance to enhance consistency of emissions data is published. The Methodology was developed jointly by 35 stakeholders from industry and the broader decarbonization ecosystem, harnessing WBCSD’s role as co-convenor of the Greenhouse Gas Protocol.
First exchange of emissions data
First exchange of emissions data realized using several interoperable technology solutions, marking a key milestone in the development of the PACT Network. This achievement was entirely made possible by the SINE Foundation, PACT founding technical partner.
Feb: Version 2.0 of the PACT Methodology is released
Increasing applicability of guidance. Shortly after, updated tech specification is released.
May: Moving from standards development to action
8 companies embarked on PACT implementation program, collectively engaging over 900 suppliers and exchanging over 1,300 PCFs in the process.
Companies taking part in implementation grows from 8 to 25
with ongoing ambition of making product-level carbon emissions transparency a reality. As far as data exchange is concerned, 30 PACT-conformant solutions are readily available on the market enabling PCF data exchange through the PACT Network
Path 2030 - Value chains are rapidly decarbonizing
Accurate identification and monitoring of emission hotspots, enabled by primary Product Carbon Footprint (PCF) data, allows us to address environmental impacts effectively. Automated PCF calculations and data exchanges ensure seamless access to vital information across the supply chain.