BMO
This collaboration empowered First Sentier Investors 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.
Decarbonization Modeling in SINAI
SINAI’s Climate Team utilized public, industry-specific databases to model mitigation opportunities for the iron and steel sector. As BMO’s analysis focused mostly on North America, regional trends were utilized to develop a North America decarbonization scenario for the sector.
SINAI’s Low Carbon Scenarios module allows for detailed modeling of project-level financial and environmental impacts. Utilizing data from the public domain, cost and abatement estimates of key mitigation options for the iron and steel industry were modeled. This work allowed BMO to understand the impacts of these projects, as well as the financial investment required for implementation.
SINAI’s Software Solutions for Financial Institutions
To achieve net zero on a global scale, innovative financing structures that provide a blend of capital from the public, corporate, and finance sector are needed to advance solutions that are not currently economical. Financial institutions can play a key role in this process by identifying opportunities for their portfolio companies to reduce emissions, supporting sustainable financing and impact investing, and investing in innovative solutions to address climate change. In SINAI’s partnership with BMO we demonstrate how financial institutions can work with technology companies to identify solutions that help to mitigate the impact of climate change for portfolio companies.
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With SINAI, Minerva consolidated their carbon management initiatives, covering Scope 1, 2, and 3 emissions. The platform enabled bulk data uploads, advanced scenario modeling, and financial feasibility analysis. These features allowed Minerva to build a dynamic database of projects and maintain continuity in their decarbonization strategy.
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Wilson Sons, one of the leaders in maritime logistics, faces the complex challenge of decarbonizing the hard-to-abate shipping sector. With operations spanning port terminals, offshore services, and maritime towage, the company must balance evolving decarbonization goals with the technical and operational readiness of the sector. Partnering with SINAI, Wilson Sons developed a collaborative, asset-level approach to evaluate over 600 decarbonization projects. This partnership enabled the development of a reliable, cost-effective strategy to measure, monitor, and implement decarbonization initiatives, ensuring long-term sustainability and impact.
Natura’s collaboration with SINAI has transformed its approach to sustainability, providing a centralized platform to manage emissions data accurately and prioritize high-impact mitigation projects. Natura is now positioned to achieve its Net Zero target by 2030. - Reduced GHG Inventory Preparation Time: By automating processes, Natura decreased inventory preparation time by 80%, freeing up resources to focus on strategic decarbonization efforts. - Enhanced Scope 3 Calculation Accuracy: SINAI’s region-specific methodologies improved the reliability of Natura's scope 3 emissions data, creating a strong foundation for their decarbonization strategy. - Integrated Financial and Environmental Decision-Making: The Marginal Abatement Cost Curve enabled Natura to assess projects' environmental and financial impacts, ensuring the most cost-effective pathway to their sustainability goals.
An Integrated ESG and Decarbonization Platform
Discover how SINAI’s powerful tools go beyond carbon accounting to drive actionable insights, decarbonization and compliance.
