Frequently Asked Questions

Lock Two Three provides an innovative platform for linking upstream supply chain Scope 2 decarbonization with an organization’s Scope 3 emissions. Our Energy Attribute Certificate (EAC) redemption label and audit trail ensure precise and exclusive benefits for reporting organizations.

No, Lock Two Three is not a consultancy. We offer a specialized platform and methodology enabling organizations to accurately associate EAC redemptions with their segment of a facility’s energy consumption and resultant Scope 2 emissions.

Scope 3 emissions are indirect greenhouse gas emissions occurring throughout a company’s value chain, encompassing both upstream and downstream activities. These emissions stem from operations not directly controlled by the company.

Effectively managing Scope 3 emissions, particularly from purchased electricity in the supply chain (Scope 3, Category 1: Purchased Goods and Services), is crucial for comprehensive carbon footprint management and precise renewable energy reporting.

Lock Two Three offers a unique system to accurately associate EAC redemptions with a reporting organization’s portion of their supply chain’s electricity consumption and emissions. This ensures that only the organization initiating the redemption realizes the benefits, enhancing transparency and accuracy in renewable energy reporting.

We serve diverse industries needing to account for Scope 3 emissions in their supply chains, including manufacturing, retail, F&B, and technology sectors.

To start working with us, contact us through our website’s contact form or email us directly at info@Lock23.com. After passing Know Your Client (KYC) checks, you will gain access to our platform.

Our engagement process follows four stages:

• Step 1: Onboarding
  • Submit and pass KYC checks.
• Step 2: Data Collection
  • Provide information on supply chain facilities, suppliers, or commodities for which you wish to claim decarbonization efforts.
• Step 3: EAC Procurement
  • Procure EACs under specific Lock Two Three conditions linking the EACs to your Scope 3 emissions.
• Step 4: Verification
  • Lock Two Three verifies the correct EACs were procured. If correct, we generate the redemption label and audit statement, allowing you to credibly claim Scope 3 emissions decarbonization within the specified portion of your supply chain.

Our methodologies are based on Greenhouse Gas Protocol (GHGP) leading practices.

We provide varying levels of assurance on the Lock Statement based on selected methodologies and standards, ensuring a rigorous and transparent process for data reliability and accuracy.

Lock Two Three implements robust security measures, including encryption, access controls, and regular security audits, to protect your data. We comply with global data protection regulations to ensure your information is secure and confidential.

We collect data relevant to your supply chain facilities, suppliers, and electricity consumption necessary for EAC redemption and Scope 3 emissions decarbonization. This may include geographic locations, total electricity consumed, and specific facility details.

While we do not assist directly with sustainability reporting, we provide a clear, auditable trail of Scope 3 emissions decarbonization.

Lock Two Three is headquartered in Wyoming, USA, and we offer our services internationally, working with clients across various regions to provide tailored support and local expertise.

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