Built by business, for business
Evolution of PACT
PACT is born
A number of ambitious WBCSD member companies came together and, with the support of McKinsey as knowledge partner, PACT was born with the idea of solving one of the biggest challenges in sustainability: accurately measuring and creating transparency in Scope 3 emissions.
Publication of Pathfinder Framework version 1
New guidance to enhance consistency of emissions data is published. The Methodology was developed jointly by 35 stakeholders from industry and the broader decarbonization ecosystem, harnessing WBCSD’s role as co-convenor of the Greenhouse Gas Protocol.
First exchange of emissions data
First exchange of emissions data realized using several interoperable technology solutions, marking a key milestone in the development of the PACT Network. This achievement was entirely made possible by the SINE Foundation, PACT founding technical partner.
Feb: Version 2.0 of the PACT Methodology is released
Increasing applicability of guidance. Shortly after, updated tech specification is released.
May: Moving from standards development to action
8 companies embarked on PACT implementation program, collectively engaging over 900 suppliers and exchanging over 1,300 PCFs in the process.
Companies taking part in implementation grows from 8 to 25
with ongoing ambition of making product-level carbon emissions transparency a reality. As far as data exchange is concerned, 30 PACT-conformant solutions are readily available on the market enabling PCF data exchange through the PACT Network
Launch of Version 3 of PACT Methodology & Tech Specs
Following two years of implementation, and consultation with over 100 stakeholders, PACT launches the third version of its Methodology and Technical Spcifications. This version builds on the feedback received from real market players.
Path 2030 - Value chains are rapidly decarbonizing
Accurate identification and monitoring of emission hotspots, enabled by primary Product Carbon Footprint (PCF) data, allows us to address environmental impacts effectively. Automated PCF calculations and data exchanges ensure seamless access to vital information across the supply chain.