Post by account_disabled on Feb 17, 2024 23:22:38 GMT -7
According to Sustainable Brands , we are moving towards the 2030 Paris Agreement goal of reducing global emissions by 45%, with one percent progress every five weeks. This means that the time to take decisive action to address climate change is now.
However, companies face significant Middle East Mobile Number List challenges when trying to address emissions. One of the biggest barriers is a lack of understanding of how to begin the process. Often this is not due to a lack of will to adopt more sustainable practices, but rather due to the complexity of the task. To achieve meaningful change, it is essential that companies collaborate with their supply chain and work together to take effective action.
Why companies do not reduce emissions
To address the challenge of why companies do not reduce emissions, we must begin by pointing out that carbon emissions, responsible for increasing the planet's temperature, are categorized into three scopes. However, for companies, identifying these categorized emissions is incredibly complex when trying to understand the emissions resulting from hundreds of suppliers.
That is why companies and sustainability specialists focus mainly on Scope 1 and 2 emissions, that is, those that are under their direct control. But Scope 3 emissions (indirect emissions along the supply chain) are by far the most prevalent and problematic category. While addressing them is a challenge, they also represent an opportunity for companies to innovate and drive change.
The challenges of companies in addressing their emissions
For companies to address the challenge of reducing Scope 3 emissions, it is essential that they find suitable tools so that each of their suppliers can measure their emissions. This becomes even more important as the impacts of climate change reduce the availability of raw materials. Measuring emissions is not only crucial to calculate the environmental cost, but also the economic cost of the processes.
However, many parts of the supply chain do not measure their data or impacts, meaning they have little or no idea where their product's emissions come from, what the source of impact is, and what their true carbon footprint is.
Despite this, companies have control in this situation due to their position at the top of the supply chain, allowing them to leverage their downstream impact and influence to make a difference. If, as is the case in many cases, suppliers do not have the data or carbon literacy necessary to understand what it means for their business, it is important to assess the level of maturity of suppliers in certain initiatives and their capabilities to capture the required data . This way, companies will be able to adapt their approach and start the right conversations.
companies do not reduce emissions
Taking everyone on the sustainability journey
Once you have detailed knowledge of the processes and activities that make up a company's supply chain, including how materials are acquired and produced, how they are transported, how they are stored, and how products are delivered. This will be essential to identify and measure the emissions associated with each stage of the supply chain and take action to address them.
Changes to reduce Scope 1 and 2 emissions are typically large-scale, enterprise-wide policies and adaptations, but the magnitude of Scope 3 lends itself to a marginal gains approach, meaning that even seemingly small changes introduced in throughout the supply chain will naturally accumulate over time and have a large impact on overall emissions.
However, companies face significant Middle East Mobile Number List challenges when trying to address emissions. One of the biggest barriers is a lack of understanding of how to begin the process. Often this is not due to a lack of will to adopt more sustainable practices, but rather due to the complexity of the task. To achieve meaningful change, it is essential that companies collaborate with their supply chain and work together to take effective action.
Why companies do not reduce emissions
To address the challenge of why companies do not reduce emissions, we must begin by pointing out that carbon emissions, responsible for increasing the planet's temperature, are categorized into three scopes. However, for companies, identifying these categorized emissions is incredibly complex when trying to understand the emissions resulting from hundreds of suppliers.
That is why companies and sustainability specialists focus mainly on Scope 1 and 2 emissions, that is, those that are under their direct control. But Scope 3 emissions (indirect emissions along the supply chain) are by far the most prevalent and problematic category. While addressing them is a challenge, they also represent an opportunity for companies to innovate and drive change.
The challenges of companies in addressing their emissions
For companies to address the challenge of reducing Scope 3 emissions, it is essential that they find suitable tools so that each of their suppliers can measure their emissions. This becomes even more important as the impacts of climate change reduce the availability of raw materials. Measuring emissions is not only crucial to calculate the environmental cost, but also the economic cost of the processes.
However, many parts of the supply chain do not measure their data or impacts, meaning they have little or no idea where their product's emissions come from, what the source of impact is, and what their true carbon footprint is.
Despite this, companies have control in this situation due to their position at the top of the supply chain, allowing them to leverage their downstream impact and influence to make a difference. If, as is the case in many cases, suppliers do not have the data or carbon literacy necessary to understand what it means for their business, it is important to assess the level of maturity of suppliers in certain initiatives and their capabilities to capture the required data . This way, companies will be able to adapt their approach and start the right conversations.
companies do not reduce emissions
Taking everyone on the sustainability journey
Once you have detailed knowledge of the processes and activities that make up a company's supply chain, including how materials are acquired and produced, how they are transported, how they are stored, and how products are delivered. This will be essential to identify and measure the emissions associated with each stage of the supply chain and take action to address them.
Changes to reduce Scope 1 and 2 emissions are typically large-scale, enterprise-wide policies and adaptations, but the magnitude of Scope 3 lends itself to a marginal gains approach, meaning that even seemingly small changes introduced in throughout the supply chain will naturally accumulate over time and have a large impact on overall emissions.