The pressure is mounting for companies to drive sustainability across their whole supply base, with a new proposed, climate-related Securities and Exchange Commission (SEC) rule among the latest pushes. The rule would require companies to disclose climate risks in detail; this could include reporting Scope 3 greenhouse gas (GHG) emissions, which are generated within their supply chains, but beyond their control. At the same time, investors, shareholders and consumers are demanding that companies set ambitious reduction targets and disclose progress toward them.
The evolving policies and clamor have many companies thinking about how they can engage their suppliers to help address a daunting task.
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