Guide to the Corporate Sustainability Reporting Directive (CSRD)
Uncovering Corporate Sustainability Reporting Directive (CSRD) The European Union (EU) regulations mandate a new ESG reporting and large companies to report on social and environmental risks and impacts. In this guide, we’ll explore the intricacies of Corporate Sustainability Reporting Directive, its disclosures, disclosure requirements, and benefits of implementing it. From understanding its reporting landscape and requirements […]
2024 sustainable procurement trends shaping the future
2024 has already begun with supply chain disruptions, with Houthi attacks in the Red Sea forcing global supply chains to reroute around Africa, bypassing the Suez Canal. Plus, elections in over 60 countries stands as a pivotal political year – the turbulence from 2020s is unlikely to wind down soon. Amid rising supply chain costs, pressure to reduce environmental impact, rapid digitization, and complex energy transitions, […]
8 sustainability reporting standards in 2024: Navigating your ESG reportingÂ
Making your operations more sustainable is a challenging but important task. One of the first steps is choosing the right reporting framework for your organization. Selecting the right sustainability reporting standards and frameworks is the determining factor for achieving your sustainability goals. Sustainability reporting frameworks and standards help turn complex ideas into actionable steps. Sustainability reporting […]
Obtaining Granularity in Scope 3 Data Collection and Tools for Ingesting Scope 3 Footprint
We use the internet for everything from entertainment, communication, research, and it has completely transformed the way we work. Most people don’t realize that emissions from internet and cloud usage are quickly exceeding the amount of carbon from other industries. In 2023, cloud computing accounts for around 3% of all global emissions, which is more […]
New Carbon Reduction Schedule Directs Procurement Teams on How to Reduce Technology Emissions 
Published on March 18th, 2024, the Carbon Reduction Schedule outlines specific ways that agencies and departments should be cutting their carbon emissions. Having one of the most ambitious carbon goals globally, the UK government is committed to achieving net zero by 2050. Alongside the schedule, the government released a Procurement Policy Note which encourages corporations […]
Overcoming Technology Barriers and Achieving Supplier Alignment
In order for companies to successfully reduce carbon emissions, they must get all their suppliers aligned to the same goals. However, technological barriers often stand in the way, creating hurdles in communication, data collection, and implementation strategies. Importance of Alignment Company’s complex supply chains make it important that they are all aligned to the same […]
Scope 3 Emission Barriers Cause Hundreds of Corporations to Abandon Net-Zero Goals
A growing number of reputable companies have seen their Science-Based Targets initiative (SBTi) goals withdrawn. The reason? An inability to meet the stringent requirements set forth for reducing emissions. This trend highlights a troubling gap between initial sustainability commitments and the practical challenges of achieving them. In a recent report published by the SBTi, 54% […]
How to Integrate Supplier and Product Specific Carbon Emission Data Into Decision Making in a Global Organization
Companies are increasingly focusing on the emissions associated with their supply chains to reduce overall emissions. Integrating both the supplier’s organizational and product specific emission factors is key to understanding the company’s environmental situation as well as how to drive change. The Best of Both Worlds: Product and Organizational Data By integrating product-specific carbon data […]
Reduce Your Carbon Footprint: Unread Emails Are Hurting the Environment
We use the internet for everything from entertainment, communication, research, and it has completely transformed the way we work. Most people don’t realize that emissions from internet and cloud usage are quickly exceeding the amount of carbon from other industries. In 2023, cloud computing accounts for around 3% of all global emissions, which is more […]
Closing the Gap: Practical Steps for Meaningful Climate Action in Procurement
Grappling with Scope 3 Category 1 emissions—those emissions originating from purchased goods and services—is not just a matter of regulatory compliance but a central component of responsible business practice. This category casts a long shadow, accounting for an overwhelming majority of emissions for companies like Airbnb (96%) and even those with extensive logistics & retail […]