How to better quantify and assess greenhouse gas (GHG) emissions to address climate change?

Challenge proposed by

Challenge award: $10,000
+ accompaniment from Hydro-Québec experts

Challenge award: $10,000
+ accompaniment from Hydro-Québec experts


This challenge is tied to the United Nations’ Sustainable Development Goals:

Collaboration Challenge
Challenge proposed by an industry leader organization that wants to encourage BETA teams to solve a real and pressing issue in the industry. The partner undertakes to follow the winning team of the Challenge for a period of 5 months after the end of the Coopérathon.


This challenge is tied to the United Nations’ Sustainable Development Goals:

Collaboration Challenge
Challenge proposed by an industry leader organization that wants to encourage BETA teams to solve a real and pressing issue in the industry. The partner undertakes to follow the winning team of the Challenge for a period of 5 months after the end of the Coopérathon.

Background

The fight against climate change is one of the greatest challenges of the 21st century. All over the world, the impacts of global warming are being felt. Despite the collective efforts of our economy and society to limit global warming, there still is some way to go to create tools and solutions for organizations to accurately measure and assess GHG emissions. This would allow for the tracking of corporate GHG reductions and thus allow for better financing decisions for more favorable products and services.

Companies and institutions that are exposed to this issue typically face a variety of factors that hinder emissions measurement and evaluation, primarily for the following reasons:

  • Challenges with access to quality data for credible GHG inventories
  • Complexity of measuring GHG emissions, particularly in relation to organizations’ indirect “upstream”, “downstream”, “life cycle” or “financed” emissions (i.e. Scope 3 emissions)
  • Inconsistent approaches to and methodologies for quantifying GHG emissions (e.g. operational boundaries, emissions factors used, global warming potentials used)

Challenge as part of the Cooperathon 2021

KPMG, a leading provider of audit, tax and advisory services, is looking for innovative solutions to better track, measure and assess greenhouse gas (GHG) emissions. Participants in the competition should target their solution towards:

  • Creating tools that help quantify (financed and activity) emissions and/or improve access, availability and quality of GHG-related data in the public or private sector.
  • Creating tools that simplify the development of emission reports that comply with relevant standards (e.g. CDP, GRI, SASB), stakeholder expectations and industry best practices.
  • Creating tools that facilitate the development of decarbonization pathways and plans (e.g. science-based targets, net-zero pathways)
  • Creating tools that offer insights in organizations’ exposure and resilience to climate risks and opportunities (e.g. transition and physical).

Data, articles & information

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We connect passion and talent, communities and academics. Together we develop a socially responsible future.

“Cooperathon” is a Trademark of the Fédération des caisses Desjardins du Québec.

Cooperathon @ FacebookCooperathon @ InstagramCooperathon @ TwitterCooperathon @ YouTubeCooperathon @ Linkedin