3 Steps to Accelerate Scope 3 Carbon Emissions
Reduction in the Value Chain
Gartner® Research demonstrates how to speed up the reduction of Scope 3 CO2 emission
“Lack of influence and insufficient data make it hard for enterprises to meet their ambitious value chain greenhouse gas emission reduction targets. CSCOs can accelerate emissions reduction by establishing a baseline, identifying high-impact reduction levers and crafting a decarbonization roadmap.“
As part of an in-depth collection of research on how to reduce greenhouse gas emissions, Gartner identifies the challenges that companies face with regard to Scope 3 emissions caused within their supply chains.
According to Gartner, Chief Supply Chain Officers (CSCOs) often struggle to collect, manage and compare data on the impact of their supply chains, due to poor data availability, quality, and insufficient standards.
Therefore Gartner recommends the following to CSCOs:
– Determine a baseline inventory of Scope 3 greenhouse gas (GHG) emissions by conducting a screening to identify material contributors to GHG emissions, selecting a methodology and focusing on collecting primary data where it counts.
– As work progresses, incorporate more high-quality primary data. This granularity may not be needed for a full Scope 3 footprint. Conduct an 80/20 Pareto analysis and incorporate specific data where it matters most.
This is exactly where SupplyOn comes in to help you gather all the relevant data. Our Product Footprint solution enables you to get reliable, up-to-date, transparent and high-quality information on the actual carbon footprint of your products across your entire value chain. And if your initial focus is on the supplier level, our Company Carbon Footprint survey provides you with the CCF and climate targets of your suppliers.
For more recommendations from Gartner and to build your action plan:
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Gartner Report, 3 Steps to Accelerate Scope 3 Carbon Emissions Reduction Goals in the Value Chain, Laura Rainier, Lindsay Azim, 5 July 2022
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