Climate action beyond the value chain Condensed version - Disclosure template for companies

The document is a reporting guide designed to help companies transparently communicate their beyond value chain mitigation (BVCM) strategies. It is intended as a complement to existing frameworks like the CDP Climate Change 2023 Questionnaire and CSRD ESRS E1, rather than a standalone report. The template requires companies to disclose financial investments in BVCM, the specific activities supported, the quality of their engagement—including considerations of climate justice and additionality—and how they communicate these actions to stakeholders to avoid misleading claims.

• The template is designed to be used as a supplementary tool to existing climate disclosure frameworks to avoid double reporting, specifically mentioning the CSRD ESRS E1 and the CDP Climate Change 2023 Questionnaire.
• Companies using the template must provide detailed financial data on BVCM, including the total amount contributed during the reporting period and the ratio of these contributions relative to the company's total capital expenditures (CapEx), operating expenses (OpEx), and investments made to decarbonise their own value chain.
• The disclosure requirements for BVCM activities include specifying the activity type, the form of financial contribution (such as carbon credits or impact funds), the type of mitigation (emissions reduction or carbon removal), and whether the contributions have been third-party certified.
• The template emphasizes the quality of engagement by asking companies to describe how they integrate principles of climate justice, urgency, and the needs of vulnerable actors, such as local communities and indigenous peoples, into their BVCM project selection.
• Companies are required to disclose their communication strategies to ensure stakeholders are not misled, specifically whether they differentiate between value chain abatement claims and BVCM claims, and how they prevent multiple actors from claiming the same benefits.

APA

Carbon Market Watch (n.d.). Climate action beyond the value chain Condensed version - Disclosure template for companies. https://carbonmarketwatch.org/wp-content/uploads/2024/02/12-02-2024-_CONDENSED_-BVCM-Disclosure-template.docx-1.pdf

Chicago

Carbon Market Watch. Climate action beyond the value chain Condensed version - Disclosure template for companies. n.d. https://carbonmarketwatch.org/wp-content/uploads/2024/02/12-02-2024-_CONDENSED_-BVCM-Disclosure-template.docx-1.pdf.

Wikipedia

{{cite report |author=Carbon Market Watch |title=Climate action beyond the value chain Condensed version - Disclosure template for companies |url=https://carbonmarketwatch.org/wp-content/uploads/2024/02/12-02-2024-_CONDENSED_-BVCM-Disclosure-template.docx-1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{carbonmarketwatchndclimate, author = {{Carbon Market Watch}}, title = {{Climate action beyond the value chain Condensed version - Disclosure template for companies}}, institution = {Carbon Market Watch}, url = {https://carbonmarketwatch.org/wp-content/uploads/2024/02/12-02-2024-_CONDENSED_-BVCM-Disclosure-template.docx-1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }