This overview video (above) presents EcoVadis’ vision for a new solution to help procurement and sustainability teams to collaborate to drive scope 3 GHG/Carbon emissions reduction in the supply chain. Here's the announcement:

Corporate leaders set to tackle greenhouse gas emissions at the heart of the problem: the supply chain

PARIS and NEW YORK, Sept. 22, 2020 – EcoVadis, the world’s most trusted provider of business sustainability ratings, is launching a first-of-its-kind Carbon Action Module that’s designed to reduce emissions across the supply chain and enable organizations to step up their fight against climate change. The solution will be revealed during Climate Week NYC 2020.

A recent EcoVadis analysis of 40,000 global organizations revealed a massive shortfall in supplier carbon reporting and action. The research found that the majority of corporations today only address their direct and indirect emissions, while neglecting those that occur in the value chain. This represents an alarming and severe gap as value chain emissions, upstream and downstream, account for more than 70% of total emissions for manufacturers (IOP Science) and up to 80% for consumer-goods organizations (McKinsey).

“The climate crisis demands that we take urgent action to combat the impact of carbon emissions,” said Pierre-Francois Thaler, co-CEO of EcoVadis. “The greatest opportunity for creating real change is through supply chain action. Our vision is to provide organizations, particularly small and medium-sized enterprises, with the tools and know-how needed to address their own carbon footprint reductions, and, in turn, to engage their suppliers to do the same.”

EcoVadis’ comprehensive solution will enable its customers to drive real change and measure the impact of their actions. The initial product roadmap includes: 

The Carbon Action Module roadmap includes several advanced features with similar capabilities found in the EcoVadis Sustainability Intelligence Suite. These functionalities may include ‘hotspot’ mapping to identify the top opportunities for emissions reductions, and carbon reporting tools that allow filtering, segmentation and analysis of data across a portfolio of Rated suppliers. 

EcoVadis’ Carbon Action Module is designed to complement existing solutions on the market today. The module addresses the current reporting gap for small and medium-sized businesses by adapting to carbon maturity levels, capacity requirements and engagement modes.