THE CHALLENGE

Large organisations will be required to disclose their scope 3 emissions by 2027.

Proposals are required to provide a response to the following challenge statement:

How might we assist these organisations to better reduce and record scope 3 carbon emissions across their value chain to ensure transparency, foster collaboration among suppliers, partners and consumers and to achieve net zero goals?

Share in over $30,000 of funding to the winners!

WHY SCOPE 3 CARBON EMISSIONS?

Scope 3 emissions occur outside of the boundary of an organisation as a result of it’s actions. They refer to indirect greenhouse gas emissions generated throughout a company's value chain, including activities such as purchased goods and services, employee commuting, and end-of-life treatment of sold products.

By requiring companies to disclose their scope 3 emissions, the government aims to enhance transparency, accountability and ultimately drive emissions reductions across the economy.

Businesses will need to measure, monitor and disclose their scope 3 emissions enabling stakeholders to make informed decisions.

It’s about holding companies accountable for their environmental performance.  

WHAT IS A GRAND CHALLENGE?

We are bringing together multidisciplinary minds to explore accessible solutions to ultimately improve emissions reporting for our community.

The Grand Challenge is a series of events designed to build a robust solution to a specific problem. In this challenge, the University of Newcastle is seeking new and innovative solutions that empower organisations to reduce and record scope 3 emissions.

During the Grand Challenge, you have the opportunity to hear from industry experts about the problem of emissions reporting and then form interdisciplinary teams with other participants. Your team will research more into the emissions reporting and will begin to develop your idea or solution with support at our optional events. We have innovation mentors available to support your submission throughout.

Successful teams will receive up to $10,000 in funding to develop and test prototypes within a 6-month period.

The judges will outline your solutions’ merits according to the marking criteria and award the funding on the Awards Night.