Reducing your scope 3
SUPPLY CHAIN ENGAGEMENT
SUPPLY CHAIN ENGAGEMENT
Supply chain resilience and sustainability mandates require companies to set emissions reduction targets throughout their value chain.
Legislation such as the EU’s CSDDD (Corporate Supply Chain Due-Diligence Directive) and the German Supplier Act target responsible business practices in supply chains.
Scope 3 can emission account on average between 70% to 90% of GHG emissions from organizations.
- Yet, due to challenges in collecting and analyzing data, reduction actions in scope 3 are complex to implement.
- Many companies struggle to engage their suppliers without the much-needed insight into their value chains.
- Supplier engagement programs are an opportunity to gather data and simultaneously implement reduction actions in scope 3!
How does GO2-Markets support:
- Mapping to identify strategic suppliers to engage with and share expectations
- Gathering information on suppliers’ contexts to design the engagement program
- Monitoring supplier performance metrics on the agreed-upon targets and goals
- Recognition mechanisms to encourage suppliers’ climate performance
GO2 SUPPLIER ENGAGEMENT PLATFORM
- GO2 Markets uses a dedicated platform to help our clients suppliers decarbonize their scope 2 and scope 3 emissions while enabling the purchase of environmental commodities. Leveraging over 11 years of experience in the commodity market and advanced tech solutions, we accelerate decarbonization efforts for your scope 3 emissions.
