Success in Action: How Customers Thrive with SINAI

First Sentier Group engaged SINAI to transition from spreadsheet-based carbon accounting to a comprehensive, auditable GHG accounting software, enabling the firm to streamline emissions auditing, enhance scope 3 tracking, and develop decarbonization strategies.

This collaboration empowered First Sentier Group to achieve their near-term renewable energy target of 80% renewable energy by 2025, strengthen audit readiness, and advance their efforts to drive sustainability.

SINAI collaborated with the Bank of Montreal (BMO) to a) conduct an analysis of decarbonization opportunities for iron and steel production in North America, and b) assess the technological and commercial viability for the sector to achieve net zero. As a part of BMO’s climate ambition, they are committed to being their clients’ lead partner in the transition to a net-zero world, by identifying opportunities for their portfolio companies to reduce emissions, and support sustainable financing and impact investing.

The steel industry is one of the three largest industrial emitters of carbon dioxide globally. BMO collaborated with SINAI to perform an analysis of the sector due to its importance in the global economy. The results of this work were published in BMO Financial Group’s 2022 Climate Report.

Caramuru: Building a Pathway to Decarbonization and Sustainable Finance with SINAI

Caramuru, a large grain processor and biofuel producer in Brazil, identified climate change as an important issue in its business and wanted to take action to reduce its carbon footprint. They engaged SINAI to support them on their decarbonization journey, starting with the construction of a GHG Inventory to measure their emissions and develop a reliable decarbonization strategy. Additionally, Caramuru recently made an Export Pre-Payment Note (PPE) with sustainability-linked KPIs, including reporting goals for their GHG emissions, including scope 3 value chain emissions.

SINAI's solutions included the development of a granular GHG Inventory and screening of scope 3, which allowed Caramuru to meet their PPE requirements and begin planning to establish goals aligned with SBTi. This case study will explore three sections that delve into the results delivered by SINAI:

• Building a GHG inventory for the first time;
• Disclosing emissions that support the requirements of a PPE; and
• Working towards decarbonization.