What you really need to know about Scope 3 emissions and your business 

January 4, 2023 EcoVadis ‏‏‎

Why you need a Scope 3 strategy now
Developing a Scope 3 strategy starts with understanding the implications for your specific business. You’ll then move on to measuring and managing those emissions, working closely with suppliers and customers. Many companies have begun to set specific targets on Scope 3, with the more advanced companies setting science-based ones. When you approach Scope 3 systematically and strategically, you not only can progress on commitments but can also reap significant benefits such as growing your market share. 

As with most environmental, social, and governance (ESG) areas, Scope 3 requires the attention of the full leadership team. Given its far-reaching impact, every area of the business could be affected, from supply chain and product development to reporting and tax, to marketing and, of course, sustainability. In many businesses, this cross-company understanding and collaboration is only just beginning. 

Read the full article at: www.greenbiz.com


About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 175+ countries.

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