 Our next presentation will be from the World Business Council for Sustainable Development, WBCSD. And what Anna will be covering will be what are the objectives and what are the links between WBCSD and the open footprint. A little bit about Anna. Anna Stanley is a manager at the World Business Council for Sustainable Development. And she leads the Value Chain Carbon Transparency Pathfinder, which seeks to address the challenges surrounding scope 3 emissions transparency. So Anna, I will turn it over to you. Thank you very much Heidi and thank you for having me today and good morning, good afternoon and good evening to everyone joining us. Yeah, so Heidi's obviously already given you a short introduction to myself. I think maybe one more thing I'd like to share with you is maybe my driving force for working in this space. So you get an idea of who I am and kind of why I'm working on this topic. So I really have a strong desire to play my part in moving businesses in the kind of the entire world towards a more sustainable place. I'm really passionate about finding tangible solutions to sustainability challenges and empowering individuals and businesses to be able to make the impact that they should be having in order to help us transition. And it's within this context that I've come to work with WBCSD on this project on emissions transparency. This project in my work at WBCSD is very closely aligned with this goal because I work on enabling companies or giving companies the tools to accelerate their decolonization journey. Today I wanted to kind of cover three different areas with you today as Heidi already indicated a little bit. And I really wanted to the kind of the key takeaway from me really out of all of this today should be that collaboration and climate space is one of the biggest and most important things that we can do. And in order to kind of bring this closer to you and to kind of get my perspective on that I would like to talk a little bit about the work we've done in the carbon transparency pathfinder that Heidi just mentioned. The work we're just embarking on in the carbon transparency partnership and also kind of the role that the open footprint initiative plays in this context. So maybe before I go to the details of that, I'd like to start with a little bit of context on WBCSD and give you an idea if you're not familiar with the organization to kind of just give you a quick insight. Heidi can I just ask you to move to the next slide please. You've got control of the slides. If you take your cursor on the screen, you'll then be able to move the slides with the arrows to the left of the screen or with your spacebar should move them on one at a time. There you go. Thank you very much. I couldn't see that. Perfect. Yes. So what is the WBCSD? The WBCSD is a global CEO organization. It's a kind of, I guess, a coalition of over 200 leading businesses which are working together to accelerate the transition to a sustainable world. Members from all different business sectors and major economies are coming together in the WBCSD. And we really have a strong presence with revenues over 80.5 trillion US dollars and a network also of 70 national world business councils that kind of come. In addition to these stakeholders, we work with that together. And, you know, what the WBCSD provides is a unique platform to work on topics together to really drive change in specific areas. So we focus on a host of different areas which enable the transition to a more sustainable world, reaching from a focus on circularity, sustainable cities, social and kind of, yeah, I guess social change, food and agriculture, but also the climate and interspace within which I work. And the WBCSD also focuses quite strongly and has a very strong rooting in the space of greenhouse gas emissions. Originally back in the day when the greenhouse gas protocol that we heard about briefly earlier was founded and WBCSD was the original convener. And together with WRI worked towards, yeah, I guess putting it in place and developing it. And this work has continued throughout the past years. And with the work that I now currently lead, we've really taken the next step on the journey towards working on emissions transparency and in the space of greenhouse gas emissions to ensure that we support this transition to a more sustainable world. And the context in which all of this is really set is and the project that I'd like to talk about today a little bit is the fact that it's very clear that we're not actually on track at all to reach the 1.5 or even the two degree target of the Paris Agreement. The unit program emissions gap report shows that very clearly that our efforts are insufficient and that we need to step up our game if we really want to want to get ahead. And part of that is, you know, the huge, a huge part of the emissions obviously emanates from the business community. So there really is an amount of pressure which is building for business stakeholders to play their role to reduce their emissions and to accelerate what they're doing in order to do so. You know, there's pressure from the customer side in the sense that customers increasingly demanding sustainable products, demanding to know the common footprint of their products. For example, on the policy side of things, laws are being passed all over the place, creating incentives, but also kind of, I guess, boundaries and things that need to be implemented within companies to ensure that these laws are met. One good example in Europe is the European Green Deal. But also, for example, there is a legislation coming in about in a couple of years time, about two years time around a product environment footprints and requirements to display what footprints your product actually causes. And there's also huge, huge pressures from the investor community. I think in this year's CEO, I think, made very clear how much, how important it is that businesses start really considering making kind of an acceleration of emissions and really demonstrating the activities that companies are doing to achieve that really part of the parcel of businesses core mission and their core undertakings. So with all these pressures mounting, you know, we clearly need to do a lot. But the problem is, at the moment, in particular, one of the, one of the biggest parts of the greenhouse gas emissions actually sits in a company supply chain. So we heard about the scope one, two and three emissions earlier, and, you know, scope one and two actually make up quite a small amount of kind of small share of the emissions that a company generates. The majority of scope three emissions, something which sits outside of the company's boundaries, and so something also which is quite difficult to control. And the problem in this space is that this is sort of black box. Many companies don't really understand what their scope three emissions are kind of on a granular level and product level. I think, you know, when we start talking about emissions transparency, a lot of people say, well, we have emissions transparency, we have the greenhouse gas products, you know, we know everything we need to know. And it's all easy. But actually, when you start looking into the details of the footprints of your actual products, it quickly becomes apparent that we don't have enough information and we don't have enough kind of a good enough methodological infrastructure to actually be able to calculate those emissions. So there is no consistent methodology for the calculation, meaning that the methodologies which do exist like the green house gas and product standards, the Isis standards, the product category rules, which are kind of rules which are designed to help you calculate for principle specific products. They all leave room for interpretation and, you know, all kind of for different decision points where different companies might take different routes. So you end up with a situation where you don't really have information or data which can be really compared because you're not comparing apples with apples. And the other thing is that a lot of the data which is currently actually calculated is also based on secondary data. So I'm really, you know, sophisticated models, but still not real data or on proxies. So in the end, you know, you don't really know what your actual script footprint is. It might be much higher than you actually are a student. And then in addition, you know, thirdly, I think the one of the kind of once you have the information in place. It's also quite difficult to actually get that information to the right people and the people who want it. Supply chains extremely complex companies, you know, often are parts of really long supply chains and getting that information up the supply chain and really kind of to a point where everyone's data is bundled is extremely complex. It may be even more difficult by the fact that companies often operate in different technological systems. So all this clearly is a huge challenge towards creating emissions transparency. And we found ourselves, you know, about a year ago, we found ourselves at this point where where members of the world business council said, you know, we need to work on this because if we were having these pressures, we need to increase out the speed of decarbonisation, but we can't do that because we can't decarbonise if we don't actually know we can't actually track what we actually what we actually create in terms of emissions. And, you know, so how can we even reduce if we don't even know what our missions are? So it's kind of in the framework of that that we came together and there's a value chain carbon transparency pathfinder project. And then before we go into the details of the project, I'd like to just really briefly share some information in terms of, you know, what what the things are that you can actually create with emissions transparency. The use cases are really, really broad and they reach from use cases for companies but also for regulators and governing bodies and also individuals. There are quite a few examples listed to us and maybe let me just pick out pick out a few. I very briefly mentioned the product labelling. So, you know, if you have all the information in place and you know what what carbon footprint throughout the whole supply chain, the production of your product actually generates. You can go and put a carbon label on your product and as a consumer or on the one hand, if you if you're selling that product to know within within your supply chain, companies will make their decision maybe on the basis of that. But as a consumer and any consumer, like you and me, you will be able to understand what impact our buying decision actually has, which is a huge thing. And it's hugely important because, you know, obviously consumers have a lot of buying power and then we can tailor how we buy and help also set incentives for companies to be low carbon. On the other hand, you know, I think I mentioned that that supplier kind of working together with suppliers, figuring out who has high, high carbon products, for example, and helping them decarbonize. Also around innovation and trying to pinpoint where there's areas where their products don't exist yet and how we can actually innovate around that space and create new new products. And then maybe one of the other things I'd like to also kind of highlight having better data will really help also understanding where carbon hotspots are. And then, you know, regulators and governments and also businesses, of course, to take more targeted action. So those are just some of the some of the key things I wanted to highlight that we started off with, you know, thinking about when we worked, started our work on the on the value chain carbon transparency pathfinder. And what the pathfinder does, it brings together businesses and other stakeholders to really unlock the big and enablers to kind of accelerating decarbonization. As I indicated earlier, there's a huge methodological problem, but there's also a technological problem. And so what we're working on and kind of the two main the kind of the focus is really to create the infrastructure on a methodological and technological side for the sharing of carbon emission data. And across, you know, industries and value chains. So the two core deliverables which we set ourselves, which we set out to resolve with the with the pathfinder on the one hand to create a methodology for the calculation allocation of primary emissions data really to kind of bring the consistency and accuracy of data on a product level and building as much as possible on existing standards. And then also creating a kind of technological framework around that to create a network of networks in which all the different solutions that exist can kind of interoperate in the manner that you're able to exchange your carbon data for one company to the next without being hindered. Yeah, hindered in the process of doing so. And, you know, it's it's a really unique project in the sense that we, as I said, and I can't emphasize this enough because I think this is a really common misconception that we work on a product level. You know, organization footprinting and then kind of cascading down in terms of spend analysis and then then allocating footprints to your products that that exists. But we kind of take a bottom up view from really the product level and what does that particular product, what's the footprint the product itself, what does it has it created. And also, you know, it's a really unique project in the sense that it's actually bringing together companies from one value chain. We've started off with the FMCG industry and I'll show you kind of some of the plays in a minute who is involved. But so we have some gas companies. We have some CPG companies. We have some some packaging companies and some chemical companies working together. So it really shows this value chain cross tutorial approach. But it also shows, you know, there are also companies from the same industry working together, of course, and antitrust safe space. But, you know, kind of really kind of leaving the competition competition element at the door and understanding that it's essential if we want to resolve this problem to work on this subject together. And I think that the last reason why the project is so unique is because we really focus on creating openness and interoperability, especially on the tech side of things. You know, so here's a kind of a small overview of some of the some of the players who've been involved to farm, like I said, really a big range of companies. And we launched our mission paper, which you can find on the WBCC website in about March time. And maybe just to, you know, kind of to give a bit more background in terms of kind of what drives the project on a day to day basis and how we approach the development of the methodological framework, but also the principles for the network for data exchange. So some of the, and you know, there's a lot of information here. So maybe let me just pick out the key things as I indicated on the methodological side of things. We want to build on existing standards and methods as much as possible, working very closely with the necessary governing bodies and kind of entities that aren't that are active in the space to ensure alignment. So, for example, you know, building on the product category rules, but also the EU PEP legislation and and aligning closely with the EU Commission in that context, building on the ISO standards, building on the, of course, in the greenhouse gas protocol. And as we, you know, kind of currently are very strongly involved in the secretariat of the greenhouse gas protocol, actually the same person sits on my team that sits on the secretariat team from the WBCC decide. So we have very strong links into that as well. And, you know, I think I already mentioned we we focus on the product level, because several times, but it is a very important point. And we really want to make sure that we, you know, create a system which addresses some of the key concerns around what you do when they're kind of complimentary rules, how do you kind of integrate them. Or the additional guidelines, which are kind of relevant from, you know, on a sector specific basis, and what data elements do you actually then end up sharing with other companies, how can you create consistency around that. And so that's the kind of on the methodological side of things, some of the questions we're asking ourselves and trying to resolve. And then in terms of the network for data exchange, you know, we're taking at the moment a cradle to date approach, what that means is that you kind of, you know, when you when you get the data in the product, it's the full value chain for you, which comes to you as one footprint. So there's no kind of openness at the moment, at least of which companies have which part of the footprint. I think this is something we're going to be looking into kind of further down the line. But even if you just have the, you know, one footprint for your product kind of full supply chain that comes with for you. That's already hugely valuable and important. And we're also looking at kind of, you know, making sure that the data that we, yeah, or the tech part on the tech side of things that that's confidentiality of data and reliability of the system. So kind of through auditing measures, et cetera, it's guaranteed. And of course this interoperability aspect is really big. And what lies at the heart of this interoperability aspect for us really is the fact that we want to make sure that anyone can actually tag into the system as long as they're here to use the methodology and agree to kind of play by certain, you know, I guess, general terms and conditions. But we want to make this a system not just for the big players, but also for the SME players. And also for many different types of tech players, no matter, you know, start up established company, that it's really an open system which creates, yeah, or kind of an open it's, you know, it's not a solution. It's a network. It's a kind of, I guess, you know, I would say it's like the kind of like the big factory and then there's lots of little supply chains in the factory that kind of moving backwards and forwards, you know, which are powered by the solution providers, and we just provide the building around it. And that's really how we see it. We want to create that space that everyone can come in and kind of be part of the journey. And, you know, we started on this work about a year ago and over time, you know, we very quickly got to the point where we realized how important it actually is to focus on not just what we're doing in our space but actually to look beyond the FMCG value chain. You know, I think we mentioned this earlier with scope one and two and scope three, scope three actually is, you know, one of the parts which is all kind of emissions in the value chain. They're so interconnected. So one company scope one and two, another company scope three. Many companies operate across value chains, but they also operate across industries. So companies will be operating in the gas industry, in the chemicals industry and in the agriculture, agriculture industry for all of them sake. And, you know, in terms of kind of being linked into players into those industries. So if we create a methodology and a tech infrastructure, which only suits those, you know, kind of industries that we're reflecting at the moment in the pathfinder. Then we're actually running the risk of not resolving the problem we're trying to solve by having kind of one uniform overarching methodology, one network that kind of enables everyone to come together. But we actually create the same problem over again, over and over again, just in a different, I guess, different. It just looks a bit different. So, you know, we would have a fragmented landscape of different methodological approaches in every single industry. We would have tech solution, which would be really sophisticated, but only work in a particular industry. For example, maybe in a couple of adjacent ones, but basically the ultimate aim of what we're trying to do really wouldn't be achieved. And so that's why we thought, you know, collaboration around this kind of going beyond the, the universe that we started off with the really broad collaboration is so key. And it actually also helps those parties that come into the, into the, yeah, to the table actually also strengthen what they're doing. And so with that kind of in mind, we set out, it's a week ago now that we launched the carbon transparency partnership. And the carbon transparency partnership really is designed to kind of connect the dots and create alignment on the way forward. Provide, you know, an exchange, a specific exchange between different initiatives working in particular, in particular industry focused topics, but also for other companies to come together beyond the FMCG value chain in which we find ourselves. So I just really briefly wanted to kind of give you a brief insight into the setup of the partnership. We've created for working groups of work streams, as you want to call them under the helm of the carbon transparency partnership. And the pathfinder, the value chain, carbon transparency pathfinder originally sat within one of our projects called SOS 1.5. But it's now moving kind of next to it because it really is becoming a standalone project. And within it we're housing these four different work streams. The value chain carbon transparency pathfinder will continue to run and continue to drive the objectives it's set out to do from the start. But this will be complemented by some activity in different areas. So we're adding the pathfinder activation cluster, which is really designed to focus on implementation and piloting and in taking the work we're doing in the pathfinder to the kind of broader level. So it's an able exchange across different industries on the methodological framework we, for example, are creating. And, you know, I didn't say this earlier, but for the methodological framework we've now put together a first draft, which we signed up with our members, which we shared for external reviews with bodies like the EU commission. But also some standard setting bodies, some kind of footprinting organizations, etc. Some of our friends, so to speak, in this universe. And, you know, the pathfinder activation cluster is designed to strengthen that methodological framework and really come in and challenge whether it can be applicable across a breadth of industries. And the idea is that this framework or this methodology will form the basis and that every industry that might, you know, kind of create things on top of it, which are necessary and relevant for its industry. So in the oil and gas industry, for example, it's an example I like to use because it's a fairly clear one. There's a question of co-private allocation. In the automotive industry, there's often questions around, you know, kind of specific part traceability, which are associated, which are kind of all come together as part of having just the footprint associated with the supply chain. But then there's other information and other kind of, yeah, I guess capabilities, which are needed and companies, they want those in addition to the carbon footprint. And so we want to have this activation cluster, which really brings together the different industries, the different companies in those industries in particular, and enables us to ask the questions of whether what we're doing, you know, in the methodological front, but also a little bit on the tech side, whether that actually works. And for the companies to come together and discuss what is actually needed to then implement this? How do we run, you know, what can we run data pilots together? What's needed to do some piloting on the tech side? We want to do the pilots on the tech side. So it really is the space where we define kind of the universe of making it actually happen and making it practical and making it applicable to many. And then that's complimented by some industry deep dives. So there are specific areas where we've been approached, where companies have said, or other initiatives have said, you know, we really want to work on that space. There's no one doing anything in this space. Will you help us bring it together? There are some industries where nothing is happening and we think that the carbon impact is so high that something needs to be done. So this is kind of what the industry deep dives are trying to target. And then finally, there's this initiatives hub. An initiatives hub really kind of was born out of the realization that there are great initiatives out there working in a similar space or, you know, kind of adjacent spaces and solving topics which are exactly the same or trying to solve exactly the same topic, but trying to solve a topic which is highly relevant, you know, really sits just next to what we're doing. And, you know, if we're not talking to each other, we're walking in all sorts of different directions. So we're bringing together these different initiatives from the chemical industry, from the automotive industries, from the gas industry, from all the different industries. You know, anyone who's out there working in these topics in an industry initiative and really want to create that alignment and that kind of strength and collaboration. And that's what the initiatives hub will cover. And as I said, the core deliverables of the Pathfinder, you know, they really are also the core deliverables of this partnership. With the ultimate aim of creating a Pathfinder network which enables scope three value chain transparency. And maybe just before, because I know I'm running out of time, but to kind of perform here before we kind of come to the end. This initiatives hub is where I'm really excited to be working together with open footprint and we've been working together with open footprint really for a long time now. It's been, you know, over kind of, I think about 69 months now that we've collaborated and we've had exchanges on a really regular basis, trying to understand kind of where where we both said what we're trying to what we're trying to do. Where kind of we and where open footprint starts where we have to connect and align and also integrate. And, you know, that's why I'm really pleased that open footprint is one of the first initiatives to join us in the initiatives hub and to kick the work off in space. And I think it's going to be a really important work that we're going to be doing together with these initiatives in order to make sure that we, yeah, like I said, create good and useful scope three emissions transparency. So to kind of wrap up and if there are any questions, of course, I haven't been on the chat, but I'm sure there might be a couple of questions. I'm happy to answer those. But maybe just to wrap up, if you'd like to get involved, you can find information on the path and emission paper and also the carbon transfer partnership on the website and my contact details are there as well. So do feel free to reach out if you would like to find out more or you would like to join any of these these ongoing work streams and help us create emissions transparency going forward. Thank you very much. Many thanks. We've got two questions. Anna, I read them out to you. Many. Anna, wonderful presentation. Thanks. You talk on principles like 46 as cradle to to gate. What about end of life product like dispose the product and impact. So there might be a product that is friendly to produce but isn't friendly to dispose. So what about cradle to grave. I think it's that's a really good question. It's one we're starting to kind of talk about a little bit more methodological group. I think one of the difficulties of kind of end of life is, is, you know, kind of it's not so easy to, I guess, to kind of get right and the feeling was initially that, you know, and this is how the process we've been taking along with with this kind of project and we will also take the partnership is that we kind of go bit by bit in the sense that, you know, cradle to gate is great. Gate to gate be even better. And of course, cradle to gate is great cradle to grade would be even better. So I think we're trying to solve the kind of challenges bit by bit and together with the group we prioritized at the beginning. But we will be also looking into this topic in the course of time and to see how how and if, you know, we resolve this within the methodology. The second question. I've just opened the chat. So I think that in terms of kind of engagement of sectors and geographies, we are currently mapping the kind of sectors and more detailed to figure out where where there is kind of lower engagement and where kind of, you know, companies are less less keen. There are some sectors where the team quite advanced, where there's kind of not as much need to kind of do something. So the engagement towards us all this is a little bit lower. But I can't pinpoint any specific areas of the moment in terms of where we really need to up the engagement because we're currently still in the process of mapping it. But I do think that it's important to make sure that all the, you know, every industry somewhere is connected to the next. So the broader the engagement is that we can create and the more companies we can get from the more diverse set of industries, the better, because the stronger the methodology will be that we will have. On the flip side, of course, there are some industries which are going to be much more powerful and kind of much more than they are going to be able to dictate the tone to other industries much more. So I think it's also a question of having this core, you know, a key industry that they want to discriminate against anyone. So I think it's definitely important to have everyone as part of this. But but I do think that, you know, if you have some of the key industry and some of the key actors across the whole board game involved, that already is an important step. And that's why alignment and and interaction and, you know, also in the policy side, but also initiatives, all this is such is really at the heart of what we're trying to do with this partnership. Because we think that the strength definitely comes in masses here. And that's the, you know, and the credibility and that's how, you know, how standards are developed really by having kind of general consensus around the need to resolve something and then finding a joint way to do it. So that's really what we're trying to do. It's one of the questions that was just added. I want comment maybe. Right. Yeah. They're very, very interesting Philip to hear that. And yeah, I mean, you know, like I said, do feel free to reach out if, if you want to understand how you can, how can you can become involved and, you know, how would roll your industry might play. Thank you. And thank you very much. That was very interesting. And we're looking forward to continuing our partnership and discussions and integrating both the path finder and the open footprint forum platform as well.