Field notes
DP World's Insetify: inset credits at commercial scale
Offering credits at no cost to customers is a deliberate market-building strategy.
Read the articleInsights
Research on financing emissions reductions across the value chain.
Carbon3 publishes sector outlooks, articles and field notes on insetting, Scope 3 and the capital that funds them.
Articles
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Transition finance
Energy transition M&A showed resilience in 2025
Deal volume fell 15 percent but value rose 20 percent to $599 billion.
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Banks are financing supplier upgrades to reduce Scope 3 emissions
DBS's data center retrofit initiative links supplier efficiency to sustainability-linked loans.
Read the articleMarket structure
Decarbonization is being reframed as energy security
The latest energy shock is a reminder that dependence on fossil supply carries geopolitical and commercial risk.
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What the data shows about the Scope 3 market
Across 1,248 registry companies, 558 projects and 1,065 opportunities, only 127 firms appear to be moving from exploration into execution.
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Mitsubishi Heavy Industries and the Category 11 question
Around 99 percent of MHI's Scope 3 is product use.
Read the articleSector: Agriculture
Yara: cost discipline and decarbonization as one agenda
Record operational performance alongside 42.6 million tCO2e of Scope 3.
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Brenntag: distributors as the middle of the value chain
Scope 1 of 185,546 tCO2e against nearly 30 million in Scope 3.
Read the articleSector: Aviation
OMV's SAF push is a value-chain repositioning
Scope 3 of 145.9 million tCO2e, and agreements to deliver 1.5 million tonnes of SAF by 2030 through cross-industry partnerships.
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Equinor's 278 million tonne Scope 3 footprint
Billion-dollar capex decisions increasingly depend on supplier and partner decarbonization alignment.
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Delta Electronics: Scope 3 is 71 percent of the footprint
In electronics the challenge is purchased electricity, supplier alignment and downstream product impacts, not on-site combustion.
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Woodside links sustainability to shareholder value
The competitive question is how credibly companies connect climate governance, operational delivery and capital allocation.
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The Carbon3 Newsletter
Weekly analysis of industrial decarbonization and insetting across Scope 1 to 3, from the Carbon3 team.