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Companies have traditionally focused on maximizing throughput, minimizing cost, and satisfying customers, but a growing number of companies, and their owners, are realising that sustainability is no longer a mere component of CSR but a business imperative.
Reducing a company’s carbon footprint is challenging and companies need accurate measurement of their greenhouse gas emissions to do so; estimates or averages are not enough.
Companies have traditionally focused on maximizing throughput, minimizing cost, and satisfying customers, but a growing number of companies, and their owners, are realising that sustainability is no longer a mere component of CSR but a business imperative.
Reducing a company’s carbon footprint is challenging and companies need accurate measurement of their greenhouse gas emissions to do so; estimates or averages are not enough.
Most companies focus on improving emissions from assets and activities they control because they’re easiest to measure—also known as Scope 1 & 2 emissions. But those only account for 10% of a company’s total emissions.Meanwhile, for most companies, up to 90% of emissions come from activities and assets they do not own or control (Scope 3 emissions).
Up to 70% of those Scope 3 emissions, or approx. 60% of the emissions generated by an entire company, are supply chain related. But because the involved assets (ships, trucks, etc) are owned and controlled by third parties, companies cannot easily track emissions from their supply chains.
This whitepaper provides some insights into the actions companies need to take to accurately measure the CO2-emissions from their supply chains and start to take actions to reduce their carbon footprint.
Most companies focus on improving emissions from assets and activities they control because they’re easiest to measure—also known as Scope 1 & 2 emissions. But those only account for 10% of a company’s total emissions.Meanwhile, for most companies, up to 90% of emissions come from activities and assets they do not own or control (Scope 3 emissions).
Up to 70% of those Scope 3 emissions, or approx. 60% of the emissions generated by an entire company, are supply chain related. But because the involved assets (ships, trucks, etc) are owned and controlled by third parties, companies cannot easily track emissions from their supply chains.
This whitepaper provides some insights into the actions companies need to take to accurately measure the CO2-emissions from their supply chains and start to take actions to reduce their carbon footprint.
