Many companies have set ambitious climate targets. The harder work is meeting them across value chains while staying cost competitive and showing boards, investors, customers and policymakers progress, including how to credibly navigate potential shortfalls and target resets. As capital markets move their focus from targets to credible transition plans when assessing companies, it is important to establish solutions that are material and can be scaled.

Scale Climate Solutions at Pace enables members across both industrial sectors and forest, land and agriculture (FLAG) sectors to accelerate climate action where success depends on collaboration across value chains. This Action Theme equips CSOs, procurement and value chain leaders, and sustainability teams with the insights, tools and network to reduce emissions across operations and Scope 3 while creating measurable business value.

Members will accelerate value chain decarbonization by combining diagnostics, evidence, key product carbon data (through the Partnership for Carbon Transparency, PACT), supplier insights and value chain collaboration with WBCSD’s Avoided Emissions guidance and enabling policy, as well as through the design and deployment of market instruments to accelerate physical decarbonization. Member Communities can identify selected sprints to follow the Emissions Reduction Accelerator (ERA) methodology: assess progress and barriers, identify unlocks and translate insights into scalable business action across value chains. Building on WBCSD’s people action work and The Business Commission to Tackle Inequality (BCTI) recommendations, every sprint will also integrate a strong people dimension.

The Action Theme will engage members from across energy, heavy industry, built environment, transport and logistics, and FLAG sectors to drive grid electrification and climate innovations at pace and scale across their value chains. This will also include Carbon Capture and Storage (CCS) to cut emissions at source, nature-based and engineered Carbon Dioxide Removals (CDR), carbon markets for financing, andother technology and AI solutions available from leading innovators. With an unpredictable international context as the backdrop for this Action Theme, electrification and grid optimization run through the work program as a critical thread, reflecting their pivotal role in helping companies and countries improve their core competitiveness and energy security, as well as their climate performance.