Climate & GHG
3R is a leading provider of greenhouse gas (GHG) consulting services. Our team of experts offers a comprehensive suite of services, including GHG inventory, target setting, carbon reduction strategy, climate risk and opportunity analysis, and climate-related reporting. With our expertise in carbon accounting, risk and opportunity management, and climate analysis, we provide organizations with the tools they need to confidently set and achieve their climate goals.
GHG Inventory
Climate & GHG
Greenhouse Gas (GHG) inventories help organizations gain insight into their environmental impact and provide a foundation for furthering your GHG and climate-related programs. 3R uses the Greenhouse Gas Protocol Standards and the ISO 14064 Standards to ensure that your inventory is calculated as completely and accurately as possible. We work with our clients to determine the organizational boundary and the data that needs to be collected across Scopes 1, 2, and 3. From there, our team of engineers and subject matter experts perform the required calculations, including using appropriate estimations in lieu of actual data. After the inventory has been completed, your organization will have a detailed report that includes our findings from the inventory, methodology, and any year-over-year analyses that are available.
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Target Setting
Climate & GHG
While there are several targets that can be set, 3R provides support and guidance to determine which kinds of targets are the most material, based on your peers, industry, and customer or investor requests. Setting targets helps an organization to quantify impact and monitor progress. 3R’s approach puts emphasis on integrating targets into reporting and overarching business strategies to ensure you are consistently aligned across the organization.
3R’s team of subject matter experts are also well-versed in setting science-based reduction targets in line with the 1.5°C trajectory, which meet the requirements for the Science Based Target Initiative (SBTi) and are aligned with TCFD and CDP. Our team is equipped to analyze different potential targets for Scope 3 emissions, all in accordance with SBTi, and provide your organization with the necessary tools to ensure you feel confident in the targets you are setting.
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Carbon Reduction Strategy
Climate & GHG
Once your organization has a GHG inventory and target(s), our team can create a carbon reduction strategy to ensure that you are able to meet the target(s) you’ve set. This plan includes identified timeframes for implementation, responsibility within the organization, accountability for execution, and strategies and initiatives. 3R’s experienced, accredited professionals are also experts in energy efficiency, and risk and opportunity management, which ensures your plan is considering all possible aspects for reduction measures.
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Climate Risk and Opportunity Analysis
Climate & GHG
The team at 3R can work with your organization to identify what your climate-related risks and opportunities are and how this process is implemented across your organization. Through a climate analysis, your organization can start to fully understand both the current and future states of the business while looking to proactively manage any changes in regulation, customer requests, or markets.
3R will analyze both transition and physical risks and map these risks across different climate scenarios to show the change in likelihood and impact as we manipulate different warming temperatures over the next several years. This analysis will also incorporate any current projects and/or initiatives that have been implemented to realistically determine the severity that these different risks may pose.
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Climate-Related Reporting
Climate & GHG
3R is well positioned to support clients with their CDP submissions and their TCFD (Task Force on Climate-Related Financial Disclosures) reporting. By creating a comprehensive and holistic Climate Service Line and using TCFD as the foundation, we are able to work with organizations to continuously improve their reporting for both internal and external purposes.
As a CDP Accredited Solutions Provider, 3R has access to CDP insights on the 13,000+ companies that respond to the questionnaires. We will work with your organization to analyze CDP scores and identify the biggest areas for improvement as well as work across reporting frameworks to ensure you are meeting industry best practices and being able to provide your stakeholders with the information they are asking for.
Our team can work with you to integrate the four pillars of TCFD into your organization, so that it’s built into the way you conduct business. This will ensure that any work your organization is doing aligns with future SEC reporting requirements, putting you ahead of regulatory changes.
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