Venezuela’s oil future is murky. But its production emissions are all too clear.
Venezuela's oil is already at a disadvantage among buyers of lower-emissions product.
The Supply Chain Emissions Initiative
The Supply Chain Emissions Initiative enables companies to better understand and reduce their supply chain greenhouse gas emissions
The global economy is responding to urgent climate concerns, with over half of S&P 500 companies setting emission reduction targets. Financial institutions are prioritizing climate risk, while shareholders, customers, and regulators demand action. Managing supply chain emissions is critical for companies to meet their climate goals, ensure regulatory compliance, reduce risks, attract investors, and stay competitive in climate-conscious markets.
Companies need clear strategies to track and reduce emissions, starting with high-impact material sectors. CIP’s supply chain team is committed to enhancing emission transparency and driving meaningful reductions.
Driving Actionable Supply Chain Emissions Management
Achieving net-zero requires accurate, actionable emissions data to inform purchasing and investment decisions. However, the current carbon accounting frameworks make it difficult to demonstrate decarbonization efforts and drive real change. The right technology is essential to accelerate decarbonization by making emissions data comparable, interoperable, and machine-readable, allowing for total product-level emissions visibility across sectors and stages of a product’s life cycle. We develop and embed product level carbon accounting guidance into global and regional standards, advance interoperable data formats to streamline emissions tracking, and collaborate with key corporations to demonstrate how emission transparency drives informed decisions and meaningful supply chain decarbonization. Read the complete carbon accounting briefing Read the sectoral carbon accounting guidance pilots Read the technology ecosystem briefing Read the the corporate guide for smarter actions
Enabling a Credible and Scalable Green Market
To drive high-impact emissions reductions, we collaborate with buyers' to bridge the supply-demand gap by aggregating demand for clean materials through purchasing mechanisms which accelerate clean technology deployment. Our work on green markets looks to leverage these purchases alongside policy towards to achieve the scale need for system wide change. Read more about the Sustainable Steel Purchasing PlatformOur work by Sector
We are developing sector-specific approaches to decarbonize global supply chains.
Natural Gas
In partnership with MiQ, we created Methane Performance Standard which differentiates lower-emissions natural gas by tracking methane emissions across the entire value chain. With a global warming potential over 80x more powerful than CO2 over a 20-year timeframe, methane must be addressed now.
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Aluminum
Decarbonizing the aluminum sector relies heavily on low-carbon primary production technology, electricity decarbonization, and end-of-life scrap collection and sorting.
Our aluminum emissions reporting guidance provide key metrics to accelerate decarbonization.
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Plastic
The transformation of crude oil and natural gas into intermediate chemical products is a highly emissions-intensive segment of the oil and gas value chain.
Through plastic molding and extrusion guidance, we aim to improve emission measurement and support the sector's decarbonization.
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Steel
Steel production accounts for roughly 7% of global energy emissions and is on track to consume 25 percent of the total remaining 1.5°C carbon budget by 2050.
Our steel emissions reporting guidance, and Purchasing Platform enable actors to decarbonize this critical sector.
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Aviation
Aviation accounts for ~2% of global CO2 emissions annually.
We are developing aviation fuel accounting guidance in collaboration with the World Economic Forum's Clean Skies for Tomorrow Sustainable Aviation Fuel Certificate (SAFc) framework to decarbonize the way we travel.
Learn MoreLatest Publications
Catalytic Procurement: How Corporations Can Lead the Green Commodity Transition
RMI’s Catalytic Procurement report shows how corporate procurement can catalyze low-emission markets through innovative market mechanisms.
Plastics Extrusion and Molding Greenhouse Gas Emissions Reporting Guidance
RMI’s Plastics Extrusion and Molding Greenhouse Gas Emissions Reporting Guidance