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A growing number of reputable companies have seen their Science-Based Targets initiative (SBTi) goals withdrawn.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 […]
How to engage low maturity suppliers in measuring, reporting, and setting reduction targets
For procurement professionals aiming to engage low-maturity suppliers in emissions measurement, reporting, and target setting, here are specific, actionable steps: 1. Supplier Assessment and Segmentation – Conduct a Supplier Maturity Assessment: Use a simple survey or questionnaire to assess the current maturity level of your suppliers in terms of sustainability practices. Focus on their understanding […]
Navigating Global Climate Legislation: A Comprehensive Overview
Current Global Climate Legislation, by Region Our world is beginning to be dominated by the threats of the climate crisis. Governments globally are acting to mitigate greenhouse gas emissions and transition towards a future free from fossil fuel reliance. To maintain an understanding of the plethora of global climate legislation that is constantly being enacted […]
From Policy to Practice: Understanding Asia’s Climate Legislation
Climate Legislation in Asia Everything you need to know about Climate Legislation in Asia. China China has committed to achieving carbon neutrality by 2060. Intending to generate 1,200 gigawatts of renewable energy by 2025, China is by far the global leader in solar and wind power production (1). By 2030, China intends to supply â…“ […]
The European Green Deal: A Deep Dive into EU Climate Legislation
European Union Climate Legislation The European Union has committed to becoming the first climate-neutral continent through their establishment of a European Green Deal. By 2030, the EU plans to reach at least 55% less net greenhouse gas emissions than in 1990. To achieve this feat, they’ve enacted legislation and regulations spanning various sectors. Here’s everything […]
U.S. Climate Legislation Explained: What You Need to Know
Deciphering U.K. Climate Legislation: A Comprehensive Guide
United Kingdom Climate Legislation The United Kingdom, especially since exiting the European Union, has implemented extensive legislation to maintain their commitment to being net-zero by 2050. Legislation has been enacted to promote the transition to a clean energy future, invest extensively in climate change mitigation programs, and provide economic incentives and regulations for corporations to […]