Scope 3 emissions, on average, account for 75% of a company’s emissions. Within scope 3, category 1, Purchased Goods and Services, can account for up to 80% of scope 3 emissions and this category includes all products and services that a business may purchase from suppliers. So, with an increasing number of companies setting scope 3 reduction targets, strategies to reduce emissions associated with suppliers are clearly critical.
Corporate Citizenship recently developed a five-step supplier engagement strategy with a leading med-tech company, whose ambitious scope 3 reduction target relied on a significant level of decrease from its suppliers, due to these emissions dominating its scope 3 footprint. The supplier engagement strategy thus acted as a roadmap both to help cut supply chain emissions and to ensure the company could achieve Science Based Targets Initiative (SBTi)-aligned scope 3 targets.
Following these five steps, you can also design and implement an effective strategy to encourage, engage and measure reductions in your emissions associated with your supply chain.
Step 1: Define your goals
In the first step, you need to consider what you want to achieve.
Outline your goals and success measures to ensure the overarching goal is clear, measurable and achievable.
Develop clear KPIs that your success can be measured against.
Step 2: Understand
The next step is to understand your supply chain.
You should identify which suppliers are the top emitters, which suppliers are critical to your operations. You should also consider which suppliers you have a limited influence on due to low or infrequent spending. You may choose to include additional criteria when categorising, including the procurement of rare or high-risk materials.
Using these identifiers, suppliers can be categorised into three levels of engagement for a more staggered approach. These categories will define when steps 3 to 5 are implemented for each supplier.
Step 3: Improve data quality
Spend-based estimations are often the default for scope 3 , but moving beyond this is vital to measuring the success of your strategy. Aim to move towards collecting supplier-specific emissions and/or product-specific emissions data from your suppliers, for a more accurate footprint that will reflect emissions reduction achievements.
Step 4: Encourage changes from existing suppliers
Encouraging or requiring existing suppliers to calculate emissions, set reduction targets and outline how to meet those targets, will help to ensure your supply chain aligns with your own environmental strategy. To ease this process, there are several supplier platforms that can facilitate this data collection and management for you.
Step 5: Procurement
Requiring data collection and emissions reduction targets/initiatives as a part of your procurement process, will ensure any new suppliers are on the same journey as your existing suppliers.
Outcome
The outcome should be a comprehensive strategy covering improvements in data from suppliers, encouraged/required emissions strategies, and procurement changes across three levels of suppliers, which will, in turn, support a reduction in supply chain emissions.
According to the 2022 stocktake of global corporate net zero objectives from the Net Zero Tracker initiative, most publicly traded companies have a net zero target in place, yet the majority are not meeting the reporting protocols. When it comes to scope 3 emissions specifically, the gap between ambition and activity is concerning, with only 38% of companies claiming to cover all value-chain emissions.
Managing scope 3 emissions presents a huge challenge, with so much falling outside direct control, but the approach outlined here can provide tangible actions that can translate into quantifiable reductions for your footprint.
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Your writing has a way of resonating with me on a deep level. I appreciate the honesty and authenticity you bring to every post. Thank you for sharing your journey with us.
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I do believe all the ideas youve presented for your post They are really convincing and will certainly work Nonetheless the posts are too short for novices May just you please lengthen them a little from subsequent time Thanks for the post
you are in reality a just right webmaster The site loading velocity is incredible It seems that you are doing any unique trick In addition The contents are masterwork you have performed a wonderful task on this topic
Usually I do not read article on blogs however I would like to say that this writeup very compelled me to take a look at and do it Your writing style has been amazed me Thank you very nice article
Your blog is a treasure trove of valuable insights and thought-provoking commentary. Your dedication to your craft is evident in every word you write. Keep up the fantastic work!
Your articles never fail to captivate me. Each one is a testament to your expertise and dedication to your craft. Thank you for sharing your wisdom with the world.
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Your writing is like a breath of fresh air in the often stale world of online content. Your unique perspective and engaging style set you apart from the crowd. Thank you for sharing your talents with us.
Nice blog here Also your site loads up fast What host are you using Can I get your affiliate link to your host I wish my web site loaded up as quickly as yours lol
Your passion for your subject matter shines through in every post. It’s clear that you genuinely care about sharing knowledge and making a positive impact on your readers. Kudos to you!
Usually I do not read article on blogs however I would like to say that this writeup very compelled me to take a look at and do it Your writing style has been amazed me Thank you very nice article
Hello Neat post Theres an issue together with your site in internet explorer would check this IE still is the marketplace chief and a large element of other folks will leave out your magnificent writing due to this problem
Your blog is a treasure trove of valuable insights and thought-provoking commentary. Your dedication to your craft is evident in every word you write. Keep up the fantastic work!
Your writing has a way of resonating with me on a deep level. I appreciate the honesty and authenticity you bring to every post. Thank you for sharing your journey with us.
Hi Neat post There is a problem along with your website in internet explorer would test this IE still is the market chief and a good section of other folks will pass over your magnificent writing due to this problem
Excellent blog here Also your website loads up very fast What web host are you using Can I get your affiliate link to your host I wish my web site loaded up as quickly as yours lol
Your blog is a true hidden gem on the internet. Your thoughtful analysis and in-depth commentary set you apart from the crowd. Keep up the excellent work!
Thank you I have just been searching for information approximately this topic for a while and yours is the best I have found out so far However what in regards to the bottom line Are you certain concerning the supply
Wow amazing blog layout How long have you been blogging for you made blogging look easy The overall look of your web site is magnificent as well as the content
Its like you read my mind You appear to know so much about this like you wrote the book in it or something I think that you can do with a few pics to drive the message home a little bit but instead of that this is excellent blog A fantastic read Ill certainly be back
Its like you read my mind You appear to know so much about this like you wrote the book in it or something I think that you can do with a few pics to drive the message home a little bit but instead of that this is excellent blog A fantastic read Ill certainly be back
certainly like your website but you need to take a look at the spelling on quite a few of your posts Many of them are rife with spelling problems and I find it very troublesome to inform the reality nevertheless I will definitely come back again
you are in reality a just right webmaster The site loading velocity is incredible It seems that you are doing any unique trick In addition The contents are masterwork you have performed a wonderful task on this topic
Your passion for your subject matter shines through in every post. It’s clear that you genuinely care about sharing knowledge and making a positive impact on your readers. Kudos to you!
Just wish to say your article is as surprising The clearness in your post is just cool and i could assume youre an expert on this subject Fine with your permission allow me to grab your RSS feed to keep updated with forthcoming post Thanks a million and please keep up the enjoyable work
I have been browsing online more than three hours today yet I never found any interesting article like yours It is pretty worth enough for me In my view if all website owners and bloggers made good content as you did the internet will be a lot more useful than ever before
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Hi Neat post Theres an issue together with your web site in internet explorer may test this IE still is the marketplace chief and a good component of people will pass over your fantastic writing due to this problem
Just wish to say your article is as surprising The clearness in your post is just cool and i could assume youre an expert on this subject Fine with your permission allow me to grab your RSS feed to keep updated with forthcoming post Thanks a million and please keep up the enjoyable work
Its like you read my mind You appear to know so much about this like you wrote the book in it or something I think that you can do with a few pics to drive the message home a little bit but instead of that this is excellent blog A fantastic read Ill certainly be back
Your blog is a constant source of inspiration for me. Your passion for your subject matter shines through in every post, and it’s clear that you genuinely care about making a positive impact on your readers.
Your writing has a way of resonating with me on a deep level. I appreciate the honesty and authenticity you bring to every post. Thank you for sharing your journey with us.
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of your site is great as well as the content
you are in reality a good webmaster The website loading velocity is amazing It sort of feels that youre doing any distinctive trick Also The contents are masterwork you have done a fantastic job in this topic
Wow amazing blog layout How long have you been blogging for you made blogging look easy The overall look of your web site is magnificent as well as the content
Your blog is a testament to your dedication to your craft. Your commitment to excellence is evident in every aspect of your writing. Thank you for being such a positive influence in the online community.
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I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my difficulty You are wonderful Thanks
Hi i think that i saw you visited my web site thus i came to Return the favore I am attempting to find things to improve my web siteI suppose its ok to use some of your ideas
I simply could not go away your web site prior to suggesting that I really enjoyed the standard info a person supply on your guests Is going to be back incessantly to investigate crosscheck new posts
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