Overview of the Value Change Initiative Approach and Structure

What are the challenges VCI approach is addressing?

Complexity in Value Chains

The intrinsic nature of Value Chains and their complexity;
Achieving full traceability for VC interventions is very hard and often as good as impossible due to complex, global, and dynamic value chains;
Current guidance needs to be specified to sector-specific contexts.

Enabling collaboration

In Value Chains, there is a need for joint action and co-investment;
Working only with those suppliers to which full traceability already exists does not foster the scaling of VC interventions (= value chain decarbonization) needed.

Intervention reporting

There is no clear guidance on how to include intervention results into inventories;
Implementation of value chain interventions poses numerous questions.

The Value Change Initiative Structure

The Value Change Initiative (VCI) structure is typically organized to facilitate collaboration, coordination, and effective action among its participants. The structure is designed to ensure that the initiative can drive systemic change across entire value chains, focusing on sustainability and reducing greenhouse gas (GHG) emissions.

VCI Membership tiers

Member	For any organisation working on Scope 3
Implementation Partner	For companies implementing value chain interventions
Global Partner	For companies who want to drive the strategic direction of the VCI

Workstream & programming

Corporate Advisory Group Objectives:

Shaping Scope 3 discussions
Staying at the forefront of value chain decarbonization developments
Defining best-practice solutions on emission reduction interventions
Leading and contributing at strategic and technical levels

Apparel & Footwear Group Objectives:

Building capacity
Advancing knowledge to implement Scope 3 interventions
Incentivising action and investment in value chains
Extending the existing Value Change Guidance to sector-specific needs

Food & Agriculture Group Objectives:

Building capacity
Advancing knowledge to implement Scope 3 interventions
Incentivizing action and investment in F&Ag value chains
Extending the existing Value Change Guidance to sector-specific needs

Data Lab Group Objectives:

Extending existing Value Change concepts and their implications for data
Setting the foundations for a credible environmental impact accounting framework
Enabling unlocking the needed scale for 1.5°C
Enhancing credible impact beyond carbon
Aligning with SBTi Net-zero Standard, SBTi FLAG Guidance, GHG Protocol LSRG, and other frameworks

To learn more, go to: https://valuechangeinitiative.com/