Carbon Action Report 2024

Time is running out for global businesses and their supply partners to accelerate climate action and build the low-carbon value chains needed to thrive in tomorrow's economy. This report explores how more than 300 leading multinationals are collaborating with their suppliers to drive progress toward net-zero targets. It looks at supplier adoption of key carbon best practices – from Scope 1, 2 and 3 targeting setting to GHG data collection.

Drawing on data from more than 44,000 carbon scorecards over the past year, this edition features: 

• Key highlights three years on from the EcoVadis Carbon Action Manager's launch:

• A look at carbon management maturity across regions and how multiple ratings impact maturity:  

• A focus on the progress 22,000 suppliers in the network have made on key carbon indicators between their first and latest carbon performance rating: 

• An overview of how the Carbon Action Manager helps buyers and suppliers collaborate to drive decarbonization. 

About the Author

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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