Decarbonization is impossible without a reduction in carbon emissions within supply chains
Worldwide, organizations bear the responsibility for generating more than two-thirds of Earth's emissions.
Across the globe, investors and consumers are exerting significant pressure on companies to commit to ambitious emissions reduction goals. However, the data reveals that most of these companies lack a clear roadmap for achieving these targets.
The primary challenge stems from the fact that, on average, over 80% of a company's emissions originate within its supply chain, which lies beyond its direct control. The majority of businesses are uncertain about how to initiate the measurement and management of these emissions.
Currently, organizations rely on a multitude of manual processes, workflows, and external consultants to pinpoint and quantify their contribution to climate change. This arduous process can take weeks, if not months, just to establish a baseline of a company's supply chain emissions.
Each day spent laboriously analyzing data on spreadsheets and awaiting emissions reports from suppliers represents a missed opportunity to implement a credible carbon reduction strategy.
Across the globe, investors and consumers are exerting significant pressure on companies to commit to ambitious emissions reduction goals. However, the data reveals that most of these companies lack a clear roadmap for achieving these targets.
The primary challenge stems from the fact that, on average, over 80% of a company's emissions originate within its supply chain, which lies beyond its direct control. The majority of businesses are uncertain about how to initiate the measurement and management of these emissions.
Currently, organizations rely on a multitude of manual processes, workflows, and external consultants to pinpoint and quantify their contribution to climate change. This arduous process can take weeks, if not months, just to establish a baseline of a company's supply chain emissions.
Each day spent laboriously analyzing data on spreadsheets and awaiting emissions reports from suppliers represents a missed opportunity to implement a credible carbon reduction strategy.
