Innovation and Thought Leadership
At POINT380, we are constantly considering new ways to do things better. Since 2006, we have assisted leading companies and NGOs wrestling with questions of how to qualify and quantify sustainability issues and solutions.
Our work with clients has led us to develop new approaches to common obstacles, including simplifying science-based target calculations, establishing and tracking sustainability efforts within diverse supply chains, and offering an objective means for investors to evaluate companies’ GHG emissions performance.
Highlights of our thought leadership work
Science-Based Targets for your Supply Chain
In 2017, POINT380 worked with Hewlett Packard Enterprise (HPE) to develop the first-ever supply chain science-based target (SBT) program. This work led to development of a methodology for calculating and cascading corporate science-based targets and emissions reductions goals from corporation to individual suppliers. Since establishing this supply chain science-based target methodology, POINT380 has applied the methodology to other companies and their supply chains in the information technology and retail sectors. Supply chain managers subscribing to POINT380’s Flagstaff RPO™ Software platform are now using this methodology to calculate supply chain emissions, manage supply chain targets, and engage suppliers to meet established standards and shared reduction goals
Simple, Fair and Public Approach to Calculating Science-Based Targets: Portfolio Rate of Change (P-ROC) Methodology
In 2017, POINT380 developed a complementary science-based target calculation methodology called Portfolio Rate of Change, or P-ROC. P-ROC was designed to overcome practical issues with applying existing science-based target methods, and to maximize adoption of science-based targets by the business community. P-ROC is a simple, scientifically valid SBT methodology applicable to corporate supply chains, financial investment portfolios, industry coalitions, nonprofit organizations, governments, states and municipalities, and to individual companies, conglomerates and groups of companies in any industry and at any stage.
P-ROC uses publicly available data, aligns business incentives with environmental goals, applies a uniform approach to all entities, and permits independent evaluation of an organization’s emissions performance and targets by external entities. Most recently, POINT380 is has applied P-ROC in its work with HPE to set the world’s first supply chain science-based target.
P-ROC builds on the body of research behind existing science-based target methodologies and allocates emissions according to net economic output, or gross domestic product (GDP). It requires an organization’s emission intensity be reduced in direct correlation to a global intensity index. This means that an organization’s starting level of intensity is not material. What is material is an organization’s rate of change in comparison to the global intensity pathway, hence the name of the methodology.
For more information about the P-ROC methodology contact us at Info@point380.com
Sustainability Metrics for Benchmarking Corporate Performance: Climate Point Ratio™ (CPR) Index
Enabled by its development of the P-ROC methodology, POINT380 developed a sustainability metric, the Climate Point Ratio™ (CPR), to quantitatively measure a company’s performance relative to the requirements of Climate Science. CPR is an index to assess whether a company or portfolio of companies are reducing emissions at the rates required to mitigate the worst effects of Climate Change.
POINT380 has used CPR to help investors fairly assess the companies in their portfolios and also to rank the performance of the entire corporate sector in a project with the World Economic Forum.
For more information about the Climate Point Ratio™ (CPR) contact us at Info@point380.com
Business Case and Publications
POINT380 has co-authored, contributed, or performed the analysis for numerous influential works about the intersection of business and Climate Change. These works include: Reinventing Fire, The 3% Solution, The Climate Has Changed, The New Climate Economy, and Green Giants.
The 3% Solution
In a multi-year project for the World Wildlife Fund and CDP, POINT380, McKinsey&Company and Deloitte conducted research and analysis to determine the potential for the US corporate sector to reduce greenhouse-gas (GHG) emissions over the period 2010 to 2020. The technical potential to save emissions from this research is compared to the reductions recommended by the Intergovernmental Panel on Climate Change (IPCC) to avoid the worst effects of climate change.
Industrial companies have potential to greatly expand efficiency and renewable energy resources; those that can innovate and capitalize on this fact will be able to harvest financially attractive opportunities over the long-term. Our research shows that applying today’s best and early available commercial technologies across all U.S. industrial production would improve industrial energy productivity by an estimated 30 percent, from 250 to $320 of output per MMBTU of primary energy consumed.
POINT380 performed analysis for the book by E. Freya Williams, Green Giants.
The Climate Has Changed
POINT380 collaborated closely with the We Mean Business Coalition on the publication, The Climate Has Changed.
Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate
POINT380 collaborated with the New Climate Economy to conduct analysis for the publication, Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate.
Market Opportunity Analysis for Utility DSM Programs
New and proposed regulations, such as the Green Communities Act in Massachusetts, along with the high cost of new generation, transmission and distribution, and public pressure to provide affordable and reliable energy, are causing electric and natural gas utilities to aggressively develop demand-side management programs. An energy efficiency (EE) potential study is a common first step in this process; however, utilities frequently find a gap between the information in these studies, and that which is needed to develop actionable EE strategies.
Through our work with several utilities in the northeast United States, we customized and expanded relevant EE potential studies by: (1) incorporating historic and current EE programming data, (2) pairing utility-specific data with the potential studies’ findings, and (3) developing improved customer segmentation. The resulting work culminated in the Energy Efficiency Market Opportunity Analysis (EEMOA) which allows a utility to: (1) assess aggregate data to inform program strategy and resource deployment, (2) use granular data for tactical planning and implementation, (3) discern differences between customer segments and recognize unique marketing techniques required for each, and (4) better defend reported EE budgets and targets to both internal and external stakeholders. Ongoing development of the EEMOA has identified opportunities to enhance output analytics by emphasizing customer-level analysis, program scenario analysis, new and emerging technologies, and additional use of primary market research, thereby providing a more useful framework for delivering the actionable guidance utilities need to develop and implement effective EE programs.