So how can procurement optimize its unique position to drive Scope 3 reduction initiatives ?
Collecting reliable Scope 3 emission data and establish a baseline Data and net-zero ambitions go hand in hand , so reducing Scope 3 emissions starts transparently with capturing emissions data . This collection and validation effort requires data from suppliers ( if they have it ) and from third-party sources . This data modelling exercise will take into account categories , spend and emission factors to estimate and ultimately validate emissions data . This will be a big role for procurement and potentially category managers .
This will help to establish a baseline of emissions , which is necessary for reporting purposes to demonstrate how you are reducing emissions . When this data is collected at scale , it can help establish environmental risk scores , communicate policies , improve accuracy of progress towards published sustainability targets .
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