Building on a successful collaboration since 2022, the Partnership for Carbon Transparency and the Scope 3 Peer Group (S3PG) are excited to announce the formalization of their partnership through a Memorandum of Understanding (MOU). This strategic alliance reflects a shared commitment to advancing value chain transparency and driving decarbonization efforts across the business ecosystem.

By engaging in regular discussions throughout 2023 and 2024, both organizations recognized the need for a more structured approach to leverage and mobilize their respective communities. The recent focus on the full-scale implementation of Product Carbon Footprint (PCF) calculations has made the formalization of this partnership not just timely but essential. Together, PACT and SP3G will develop solutions, tools, and materials that enhance awareness and capability-building for PCF calculation, equipping organizations with the knowledge to effectively address Scope 3 emissions.

“Formalizing our partnership is a significant milestone,” said Naama Avni-Kadosh, Director at PACT. “By signing this MOU, we are demonstrating our commitment to harmonizing our efforts and resources that embrace innovation and accelerate decarbonization.”‍

Oliver Hurrey, Founder and Chair of S3PG said: “With 5 years left to 2030, it’s time for us all to get behind one of the most important collaborations in the pursuit of comparable and actionable data. PACT gives us what we’ve needed for a couple of decades and I’m absolutely delighted to support such a dedicated and passionate team, with a crucial mission.”

With the growing urgency of climate action, both PACT and S3PG stand united in delivering the clarity needed to achieve the ambitious goals set by companies globally. By working together, both organizations are dedicated to ensuring that businesses can navigate the complexities of value chain transparency.

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