Tackling Scope 3 emissions through supplier collaboration
For many businesses, Scope 3 emissions represent approximately 90% of their total emissions. These emissions primarily stem from the purchase of inputs for production processes. Since Scope 3 emission drivers vary by subsector, companies need to collaborate with their suppliers to develop and implement effective decarbonization strategies. Successful collaborations generally emphasize value chain transparency, offer decarbonization incentives, and involve efforts to build capabilities and establish solid program governance.
