As climate milestones approach, there is still much work to be done in measuring and reducing footprints. Procurement and supply chain teams will play a key role.
The term “Scope 3” doesn’t make its way into many cocktail party conversations, or even political debates, but the jargony phrase carries enormous importance.
Greenhouse gas emissions in the supply chain make up an outsized chunk of the corporate world’s carbon footprint. It’s one thing to outfit a company office building with solar panels. Getting thousands of global firms that might supply a company’s product and service needs to transition to clean energy — that is a considerably more difficult task.
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