Tackling Scope 3 emissions is one of the most critical and challenging tasks for any company pursuing credible climate action. These emissions often represent 70–90% of corporate emissions and arise from indirect activities across the value chain, both upstream and downstream.
One of the most effective ways to reduce emissions at scale is by helping your suppliers transition to certified renewable electricity. BraveTrace New Zealand Energy Certificates (NZ-ECs) enable suppliers to report zero-carbon Scope 2 electricity emissions, making this a practical and effective lever for reducing Scope 3 emissions across your value chain, as their Scope 2 emissions flow through into your Scope 3 footprint.
Overview of GHG Protocol scopes and emissions across the value chain. Sourced from the GHG Protocol.
As a supplier, the value of procuring NZ-ECs goes beyond your customers’ supply-chain decarbonisation and climate reporting requirements. They provide stakeholders with visible assurance that your renewable electricity claims are independently traceable, reliable, and verifiable, strengthen your competitiveness in RFPs, and create additional revenue for renewable energy generators.
Widely adopted across the country through the BraveTrace Network, NZ-ECs allow you to:
- Claim with confidence that every MWh of electricity you consume is matched with a MWh produced from a verified renewable generator
- Report zero-carbon Scope 2 electricity-related emissions in line with international standards, supported by a detailed BraveTrace auditable report
- Accelerate the deployment of more renewable energy across Aotearoa New Zealand
- Prevent double-counting and incentivise others to take action by increasing the carbon intensity of the Residual Supply Factor (RSM)
Check out more on our website about the benefits of renewable energy certificates for both renewable generators and energy users.