Industrial emissions are embedded in everyday products.
Food, buildings, electronics, packaging, vehicles, infrastructure, and logistics all depend on high-emitting industrial inputs.
Industrial Commodity Markets
Scope 3 action starts where industrial emissions are made.
S3 Markets builds certificate infrastructure for the hard-to-abate commodity markets that sit deep inside global supply chains.
Steel, cement, fertilizer, copper, plastics, and freight are foundational inputs to the global economy. They are also major contributors to corporate Scope 3 emissions. S3 Markets helps buyers support verified low-carbon production in these markets through commodity Environmental Attribute Certificates.
The largest Scope 3 opportunities are often outside a company's direct control.
Many companies have ambitious Scope 3 targets, but the emissions they need to influence often occur several tiers upstream, in commodity markets where direct procurement relationships are limited or nonexistent. Commodity EACs create a practical way for buyers to support verified low-carbon production even when physical supply chains are complex.
Direct supplier engagement does not reach every tier.
A buyer may have influence over its direct suppliers, but less visibility and leverage across tier 2 through tier N supply chains.
Low-carbon producers need market access.
Producers investing in lower-carbon production need credible ways to monetize environmental attributes and connect with demand.
S3 Markets connects the two.
S3 provides the issuance, transfer, retirement, and documentation infrastructure needed to connect verified low-carbon supply with corporate Scope 3 demand.
Markets we serve
S3 Markets is commodity-agnostic, with an initial focus on the industrial sectors where Scope 3 impact and buyer demand are strongest.
Available now
Explore Fertilizer EACs
Ammonia & Fertilizer
Low-carbon fertilizer attributes for food, agriculture, and consumer goods supply chains.
Fertilizer is a major upstream input for agriculture and food production. Low-carbon ammonia and fertilizer EACs can help food, beverage, agriculture, and retail buyers support decarbonization in the supply chains that feed their Scope 3 inventories.
Why it matters
- Fertilizer emissions are embedded in agricultural commodities and food products.
- Downstream buyers often do not purchase fertilizer directly, but their supply chains depend on it.
- Certificate infrastructure can help connect buyer demand to verified low-carbon fertilizer production.
Buyer profiles
- Food and beverage companies
- Agricultural commodity buyers
- Retailers with food supply chains
- Consumer packaged goods companies
- Companies with Scope 3 Category 1 exposure to agricultural inputs
Producer profiles
- Low-carbon ammonia producers
- Fertilizer producers
- Green hydrogen and ammonia projects
- Nitrogen fertilizer producers with verified emissions improvements
Certificate attributes
- Commodity type
- Production volume
- Facility or project data
- Carbon intensity information
- Production period
- Issuance record
- Retirement record
Food company supports low-carbon fertilizer production
A food or beverage buyer purchases and retires fertilizer-linked EACs to support upstream agricultural supply chain decarbonization.
Fertilizer producer monetizes low-carbon output
A producer issues certificates associated with eligible low-carbon fertilizer production and sells those certificates to downstream buyers.
Available now
Explore Cement & Concrete EACs
Cement & Concrete
Certificate infrastructure for one of the built environment's hardest-to-abate materials.
Cement and concrete are essential to construction and infrastructure, but their emissions are difficult to eliminate through procurement alone. S3 Markets supports certificate pathways that help buyers participate in verified low-carbon cement and concrete production.
Why it matters
- Cement and concrete are embedded in buildings, infrastructure, data centers, logistics networks, and real estate portfolios.
- Many buyers influence construction demand but do not directly control cement production.
- Commodity EACs can create a bridge between low-carbon cement production and downstream Scope 3 demand.
Buyer profiles
- Technology companies building data centers
- Real estate owners and developers
- Infrastructure companies
- Construction buyers
- Companies with major capital projects
Producer profiles
- Low-carbon cement producers
- Concrete producers
- Supplementary cementitious material producers
- Carbon mineralization and alternative cement companies
- Industrial producers with verified lower-carbon production
Certificate attributes
- Material type
- Production facility
- Eligible production volume
- Carbon intensity data
- Baseline or reference case
- Issuance and transfer records
- Retirement documentation
Corporate buyer supports low-carbon cement production
A company with major construction-related Scope 3 emissions purchases and retires certificates associated with verified low-carbon cement or concrete output.
Producer creates a new revenue stream
A cement or concrete producer issues certificates for eligible low-carbon production and uses S3 Markets as the system of record.
Future offtake
Explore Steel & Iron EACs
Steel & Iron
Market infrastructure for lower-carbon metals in global manufacturing and construction.
Steel and iron are foundational materials for vehicles, buildings, infrastructure, equipment, appliances, and renewable energy systems. S3 Markets supports certificate models that can help buyers support lower-carbon production in metals supply chains.
Why it matters
- Steel is embedded across many downstream products and capital goods.
- Many corporate buyers are exposed to steel emissions through purchased goods, infrastructure, and equipment.
- Lower-carbon steel producers need credible mechanisms to connect environmental attributes with buyer demand.
Buyer profiles
- Automotive companies
- Technology and data center companies
- Construction and infrastructure buyers
- Equipment manufacturers
- Renewable energy developers
- Consumer goods companies with metal-intensive products
Producer profiles
- Low-carbon steel producers
- Green iron producers
- Direct reduced iron projects
- Electric arc furnace operators using lower-carbon inputs
- Emerging iron and steel technology companies
Certificate attributes
- Product category
- Production technology
- Facility or project data
- Production volume
- Carbon intensity information
- Issuance record
- Retirement documentation
Manufacturer supports lower-carbon steel production
A manufacturer purchases certificates tied to eligible lower-carbon steel or iron production to support industrial decarbonization in its supply chain.
Steel producer documents environmental attributes
A producer uses S3 Markets to issue, transfer, and retire certificates linked to verified lower-carbon production.
Future offtake
Explore Copper EACs
Copper
Low-carbon copper attributes for electrification, technology, and infrastructure supply chains.
Copper is essential to electrification, data centers, power grids, electronics, and clean energy infrastructure. As demand grows, buyers need credible ways to support lower-carbon copper production and document the associated environmental attributes.
Why it matters
- Copper is a critical input for electrification and digital infrastructure.
- Downstream buyers often depend on copper but may not have direct access to mine-level procurement.
- Certificate infrastructure can help connect verified lower-carbon copper production with buyer demand.
Buyer profiles
- Technology companies
- Data center operators
- Electronics manufacturers
- Renewable energy developers
- Automotive and electrification companies
- Infrastructure and grid companies
Producer profiles
- Copper miners
- Copper processors
- Projects with verified lower-carbon copper production
- Producers using lower-carbon electricity or process improvements
Certificate attributes
- Copper product type
- Mine or facility information
- Production volume
- Carbon intensity data
- Eligible production period
- Issuance record
- Retirement documentation
Technology buyer supports lower-carbon copper
A buyer with copper exposure through hardware, infrastructure, or data centers purchases and retires certificates tied to verified lower-carbon copper production.
Copper producer differentiates low-carbon output
A copper producer issues certificates that document the environmental attributes of eligible lower-carbon production.
Future offtake
Explore Plastics EACs
Plastics
Certificate pathways for lower-carbon and circular materials.
Plastics are embedded across packaging, consumer goods, textiles, electronics, automotive supply chains, and industrial products. S3 Markets is designed to support certificate infrastructure for lower-carbon and circular material pathways where attributes can be verified, issued, transferred, and retired.
Why it matters
- Plastics are widespread across corporate Scope 3 inventories.
- Physical recycled or lower-carbon material supply may be constrained or difficult to trace across complex supply chains.
- Certificate models can help scale demand signals for verified lower-carbon or circular production.
Buyer profiles
- Consumer packaged goods companies
- Retailers
- Packaging buyers
- Apparel and textile companies
- Automotive companies
- Electronics manufacturers
Producer profiles
- Lower-carbon plastics producers
- Circular polymer producers
- Chemical recycling projects
- Advanced recycling and material recovery companies
- Bio-based or alternative feedstock producers where applicable
Certificate attributes
- Material type
- Feedstock or production pathway
- Eligible production volume
- Facility or project data
- Carbon or circularity attribute information
- Issuance record
- Retirement documentation
Packaging buyer supports circular material production
A buyer purchases certificates associated with verified circular or lower-carbon material production where physical supply is constrained.
Materials producer creates attribute visibility
A producer uses certificate infrastructure to track and monetize the environmental attributes of eligible material output.
Available now
Explore Freight EACs
Freight
Environmental attributes for lower-carbon freight and logistics.
Freight emissions are embedded in the movement of goods across supply chains. S3 Markets can support certificate infrastructure for verified lower-carbon freight services, including cases where buyers want to support cleaner transportation outside their direct logistics contracts.
Why it matters
- Transportation emissions are a major part of many Scope 3 inventories.
- Companies often rely on complex logistics networks with limited direct control over every lane, carrier, or mode.
- Certificate infrastructure can help buyers support verified lower-carbon freight activity and receive documentation.
Buyer profiles
- Retailers
- Consumer packaged goods companies
- Manufacturers
- Technology and hardware companies
- Logistics-intensive businesses
- Companies with Scope 3 transportation and distribution exposure
Producer profiles
- Electric freight operators
- Low-carbon trucking companies
- Alternative fuel freight providers
- Logistics providers with verified lower-carbon services
- Fleet operators with credible emissions data
Certificate attributes
- Freight mode
- Lane or service area
- Activity data
- Ton-mile or shipment data
- Carbon intensity information
- Issuance record
- Retirement documentation
Retailer supports lower-carbon freight
A company with logistics-related Scope 3 exposure purchases certificates associated with verified lower-carbon freight activity.
Freight operator monetizes verified low-carbon service
A logistics provider issues certificates linked to lower-carbon freight activity and sells those attributes to buyers.
Looking for Scope 3 action in a specific commodity market?
Tell us which commodities, suppliers, or Scope 3 categories matter most to your organization. We can help you evaluate available certificate pathways.
How we prioritize markets
S3 Markets focuses on sectors where certificate infrastructure can unlock meaningful Scope 3 action.
Material Scope 3 relevance
The market should be meaningfully connected to corporate Scope 3 inventories, especially purchased goods and services, capital goods, transportation, or upstream supply chain activity.
Hard-to-abate production
The market should involve industrial production where decarbonization is difficult, capital-intensive, and commercially valuable.
Verified low-carbon supply
There should be producers capable of documenting eligible lower-carbon production or services.
Buyer demand
There should be corporate buyers with a credible need to support decarbonization in that commodity system.
Attribute definition
The environmental attribute should be specific enough to issue, transfer, retire, and document without creating unacceptable double counting risk.
Standards pathway
The market should have a plausible path to standards-aligned claims, reporting, and assurance.
One infrastructure layer across many commodity markets.
Each market has different production technologies, verification needs, and buyer use cases. But the core S3 Markets infrastructure remains consistent: verify eligible production, issue serialized certificates, manage transfer and allocation, retire certificates, and generate audit-ready documentation.
Identify eligible production
S3 works with producers and partners to understand the commodity, production process, emissions data, and environmental attribute.
Define certificate rules
The certificate structure is mapped to production volumes, carbon intensity data, allocation logic, and relevant documentation.
Issue serialized EACs
Certificates are issued into the S3 Markets system of record and linked to the underlying production data.
Connect supply with demand
Buyers can access certificates that align with their Scope 3 priorities, commodity exposure, and procurement strategy.
Transfer and retire
Certificates are transferred through controlled market rails and retired when a buyer is ready to use them for a defined purpose.
Document the claim
S3 provides documentation packages that support internal governance, reporting, assurance, and stakeholder review.
For buyers: find the markets that matter to your Scope 3 inventory.
S3 Markets helps buyers move from broad Scope 3 goals to specific commodity-backed action.
Corporate buyers often know they need to act on Scope 3, but the path from target-setting to procurement can be unclear. S3 helps buyers identify relevant commodity markets, available certificate opportunities, and documentation pathways.
Map Scope 3 exposure to commodity markets
Understand which industrial inputs are likely driving material emissions across your supply chain.
Access verified low-carbon supply
Explore certificate opportunities linked to producers with eligible lower-carbon production.
Support decarbonization beyond direct suppliers
Participate in upstream industrial decarbonization even when direct physical procurement is difficult.
Receive documentation
Use S3 retirement records and supporting documentation for internal governance, reporting, and assurance review.
For producers: bring low-carbon attributes to market.
S3 Markets helps producers issue, manage, and monetize environmental attributes from eligible production.
Low-carbon producers need more than a buyer introduction. They need trusted infrastructure for certificate issuance, chain of custody, transfer, retirement, and documentation. S3 Markets provides the system of record for bringing commodity attributes to market.
Evaluate certificate eligibility
Assess whether production data, emissions data, and documentation can support certificate issuance.
Issue serialized certificates
Create traceable EACs linked to eligible production records.
Reach corporate demand
Connect low-carbon production with buyers looking for credible Scope 3 implementation tools.
Protect attribute integrity
Use controlled issuance, transfer, and retirement infrastructure to reduce double counting risk.
Producing lower-carbon materials?
S3 Markets can help evaluate whether your production is eligible for certificate issuance and connect your attributes with corporate demand.
Market development stages
S3 Markets develops commodity markets in stages, moving from early exploration to active issuance as producer supply, buyer demand, documentation, and standards alignment mature.
Exploration
S3 evaluates whether a commodity market has meaningful Scope 3 relevance, credible low-carbon production, and a workable certificate model.
Producer onboarding
S3 works with producers to review production data, emissions documentation, and certificate issuance requirements.
Buyer development
S3 identifies buyers with relevant Scope 3 exposure and tests demand for commodity-specific certificates.
Pilot transactions
S3 supports initial issuance, transfer, retirement, and documentation workflows for qualified buyers and producers.
Scaled market
S3 supports repeatable issuance and transaction workflows across multiple buyers, producers, and certificate vintages.
Why commodity EAC markets matter
Traditional approaches are necessary, but they are not enough on their own.
Can finance climate action, but often sit outside the buyer's value chain and may not address the industrial commodities embedded in Scope 3 emissions.
Important for direct supplier relationships, but often limited by fragmented supply chains, long procurement cycles, and lack of influence across upstream tiers.
Create a mechanism for buyers to support verified low-carbon production in the commodity systems connected to their Scope 3 inventory.
S3 Markets gives buyers and producers the infrastructure needed to turn industrial decarbonization into a functioning market.
Designed for careful, standards-aligned market participation.
Commodity EACs require clear rules, careful documentation, and appropriate claims controls. S3 Markets is designed to support high-integrity implementation through verified production linkage, serialized issuance, controlled transfer, retirement records, and audit-ready documentation.
Production-linked
Certificates should be connected to eligible low-carbon production or services.
Serialized
Each certificate should be uniquely identifiable and tracked across its lifecycle.
Controlled
Issuance, transfer, and retirement should occur through defined processes that reduce double counting risk.
Documented
Buyers and producers should have clear records of what was issued, transferred, retired, and claimed.
Claims-aware
Certificate use should be matched with careful reporting and claim language appropriate to the buyer's context.
S3 Markets provides infrastructure and documentation to support market participation. Final accounting, reporting, and claims decisions remain the responsibility of the buyer and its advisors.
Example market pathways
Commodity EACs can support different buyer and producer objectives depending on the market.
Food and agriculture
A food or beverage company supports verified low-carbon fertilizer production connected to agricultural supply chains.
Data centers and construction
A technology company supports lower-carbon cement or concrete production associated with the built environment.
Electrification and infrastructure
A buyer with exposure to electrification supply chains supports lower-carbon copper production.
Manufacturing and capital goods
A manufacturer supports lower-carbon metals production embedded in products, equipment, or infrastructure.
Packaging and consumer goods
A packaging buyer supports verified lower-carbon or circular material production.
Logistics and distribution
A company supports verified lower-carbon freight activity connected to goods movement.
Market questions
Which markets does S3 Markets currently support?
S3 Markets is focused on hard-to-abate industrial commodity markets, including ammonia and fertilizer, cement and concrete, steel and iron, copper, plastics, and freight. Market availability depends on producer supply, buyer demand, documentation readiness, and the specific certificate structure.
Why does S3 focus on industrial commodities?
Industrial commodities are deeply embedded in corporate Scope 3 emissions. They are also difficult to decarbonize through direct supplier engagement alone, making them strong candidates for certificate-based market infrastructure.
Are commodity EACs the same across every market?
No. Each commodity market has different production processes, emissions data, verification needs, and claims considerations. S3 Markets provides a common infrastructure layer, but the certificate design is tailored to the market.
Do buyers need to physically purchase the underlying commodity?
Not always. Some pathways may involve physical procurement, while others may use certificate-based or book-and-claim approaches. The appropriate structure depends on the commodity, buyer objective, standards context, and claim being made.
How does S3 decide whether a market is ready?
S3 looks for credible low-carbon production, clear attribute definitions, buyer demand, documentation quality, and a plausible standards-aligned pathway for issuance, transfer, retirement, and claims support.
Can a producer bring a new market to S3?
Yes. Producers with eligible low-carbon production can work with S3 to evaluate whether their commodity, data, and documentation can support certificate issuance.
Can a buyer ask S3 to source certificates in a specific market?
Yes. Buyers can work with S3 to identify relevant commodity categories and explore available or developing certificate opportunities.
Does S3 provide accounting advice?
No. S3 provides infrastructure and documentation to support market participation. Buyers should work with their internal teams, auditors, and advisors on final accounting, reporting, and claims decisions.
Build the market for industrial decarbonization.
S3 Markets connects verified low-carbon commodity supply with corporate Scope 3 demand through trusted certificate infrastructure.