Lea Patterson, CEO - Pilbara Group
In the global race to combat climate change, the need for accurate, transparent and actionable carbon accounting has never been greater.
The Sustainable Management methodology represents a revolutionary step forward in emissions measurement and management, offering a scalable, auditable and financially integrated framework that enables organizations to trace greenhouse gas emissions (GHG) across complex value chains and down to individual products and services.
Sustainable Management incorporates the E-Liability Methodology developed by Professor Karthik Ramanna (Oxford University) and Professor Robert Kaplan (Harvard University) as a rigorous and auditable carbon accounting standard. Unlike conventional carbon accounting systems which rely on estimates and problems with multi-counting emissions, the E-Liability Methodology counts direct emissions once and only once and allocates them to individual products/services which are passed onto customers as an E-Liability. This company will in turn, add all of their direct and indirect emissions and allocate those to their individual products/services and this E-Liability will work it's way through the entire value chain, like a Value Added Tax.
Sustainable Management takes this method one step further by including financial data, so that individual companies can see the emissions on an individual product/service basis but also the profitability. This provides the data required to help companies reduce emissions in a financially sustainable manner via a number of interventions:
The Sustainable Management methodology was developed by CAM-I , a 50 year old non-profit based in Austin Texas. Brisbane based company, Pilbara Group, have been members of CAM-I for over 15 years and Lea Patterson, the CEO of Pilbara is on the board of CAM-I and has been an active leader in the development of this methodology.
The E-Liability Methodology is currently being developed into a formal standard with the IEEE (Institue of Electrical and Electronics Engineers) and Lea is on the working group for this standard. The E-Liability Methodology lays the foundation for a credible and transparent carbon market. By enabling granular, verifiable emissions tracking, it addresses key challenges that have plagued voluntary and compliance carbon markets—such as double counting and unverifiable offsets. For Australia, this presents a unique strategic opportunity. With its robust financial infrastructure and regional influence, Australia is well-positioned to lead the development and management of a trusted carbon market in the Asia-Pacific region, underpinned by E-Liability principles.
Should you wish to learn more, please contact: Lea.Patterson@pilbaragroup.com | visit: www.pilbaragroup.com
