Why implement Supply Chain Scope 3 management? What does it cover?
Why implement Supply Chain Scope 3 management? What does it cover?
Supply chain management
About 70-90% of a company's carbon emissions come from Scope 3!
According to CDP Supply Chain's 2024 annual report, supply chain (Scope 3) emissions account for 26 times the company's direct emissions. According to Carbon Trust's public statements, up to 90% of an organization's environmental impact lies within the supply chain, covering numerous emission reduction opportunities.
Emission reduction opportunities in supply chain management: circular economy, green product development, etc
Through systematic quality stream assessment tools, inventory and logistics are optimized, goods hoarding is avoided, operating costs are reduced, and environmental risks are diversified. Enterprises should take the lead in launching supply chain carbon management, thereby generating more emission reduction opportunities.
The supply chain covers business, procurement, plant operations, and warehousing
Supply chain Scope 3 data quality management involves quality flow from purchased raw materials into factories, manufacturing, logistics, and transportation, ultimately completing orders and delivering goods. Departments cover business, procurement, plant operations, warehousing, accounting, customer service, and more.
Establish a managerial decision-making think tank
Collecting and analyzing data can assist with decisions such as procurement, R&D, material issue assessment, internal carbon pricing, and the implementation of sustainability policies, representing the greatest value of Supply Chain Scope 3 management.
The value of supply chain management
Our achievements cover industries such as semiconductors, telecommunications, electronic components, construction, healthcare, and chemical industries.
Unlock Opportunities
1. Reduce operating loss costs
Reducing Scope 3 carbon emissions not only brings emission reduction benefits but also helps companies build a green supply chain.
2. Enhance product competitiveness and customer loyalty
B2B: Facing brand customers' low-carbon requirements, implementing supply chain management to reduce carbon emissions may lead to increased purchase orders for corporate clients, enhancing product competitiveness. B2C: Consumers are increasingly attentive to corporate actions regarding environmental impact, increasing their willingness to consume low-carbon products.
3. Strengthen stakeholder relationships
By proactively disclosing carbon information, we build trust among investors, customers, suppliers, and regulators.
Reduce Risks
1. Compliance
Responding to domestic and international carbon reduction trends, customer sustainability audits, and supply chain regulatory requirements, we proactively establish management systems that meet standards.
2. Supply chain costs and manageability
Supplier grading and screening are carried out to initiate supply chain emission reduction and minimize customer demand risks.
Tangible Scope 3 data
Accurately grasp Scope 3 data through quality stream analysis to help identify high-risk suppliers.
Supplier empowerment: Setting emission reduction targets
Improving supplier energy efficiency and reducing Scope 3 carbon emissions for enterprises, thereby optimizing inventory and logistics management to enhance competitive advantage.
Meets the verification and confirmation qualifications
Comply with international frameworks (Pathfinder framework), enhance transparency, achieve high-quality data disclosure, build sustainable supply chain resilience, and assist in obtaining third-party verification.