We reconvened the Perseus User Needs & Impact Advisory Group, co-chaired by Icebreaker One and Barclays.

Date: 11 May 2026 11:00-11:45 BST

Location: online

Secretariat: IB1

Meeting Aims:

  1. Orientate for 2026
  2. Agree workshops
  3. Review market based carbon accounting concept

Summary:

It was agreed that:

  • The Perseus team will circulate endorsable statements reflecting the positive intent and direction discussed, for communication to members and escalation to the steering group.

It was noted that:

  • The commercial workshop produced positive outcomes, with EDPs willing to work on commercial terms, CAPs ready to scale and integrate, and FSPs continuing to see an active market.
  • There are specific areas where regulatory and government engagement could help reduce friction in the current landscape that Perseus can assist with.
  • Progress has been made on identifying lighthouse SME customer case studies, with both FSPs and CAPs

It was discussed that:

  • Narrow, targeted case studies are needed first to generate proof points before broader scaling across the community.
  • Typical delivery timelines are around two to three months for relatively straightforward use cases and around six months for more advanced ones.
  • Water could be a possible next area of focus, with the view that it may be more accessible than agriculture in the near term, while agriculture remains important but highly complex.
  • Exploration of extending a version of Perseus to the domestic market should be taken forward to a briefing note stage.
  • Future opportunities included broader application into reporting, Scope 3, credit ratings, insurance, asset management, pensions, and risk modelling, though these were framed as longer-term possibilities rather than immediate priorities and that a roadmap should be developed for them.

Next meeting: Monday 29 June 2026 10:00-11:30 BST

Formal records, including attendees, are maintained by the secretariat. 

These are confidential to the Advisory Group Members.