Harnessing 'No Regrets' choices for a greener supply chain

Procurement teams are asked to cut Scope 3 emissions in their supply chains, and some decisions are worth making now, before every figure is in.

Oliver Hurrey coined the phrase 'no regrets' decisions for moves that pay off whatever the future holds. Here are six that procurement teams can make now to reduce supply chain emissions.

‍1. Commitment to Renewable Energy:

Encourage your suppliers to transition to renewable energy suppliers by a feasible deadline. It's a leap towards clean energy that minimises carbon footprints, setting you at the forefront of climate leadership.

2. Embrace the EV fleet

During vehicle contract negotiations, give preference to electric vehicles (EVs). Secure profitable discounts and expedite your journey towards low carbon transportation. EVs cut running costs and improve air quality.

‍3. Consolidate Deliveries:

Rationalise your deliveries, amalgamating multiple orders into one journey. This simple yet impactful action helps curb transport emissions, boosting efficiency and saving costs in the process.

‍4. Favour Local Suppliers:

Think globally, act locally. Prioritising local suppliers curtails transport distances, which in turn reduces carbon emissions whilst bolstering local economies. It's a win-win for your business and the planet.

‍5. Track Emissions:

Encourage suppliers to measure and report their emissions. This promotes transparency and supplies invaluable data to inform decisions, transforming emissions management from a complex challenge into a strategic advantage.

‍6. Reward Low Emission Suppliers:

Lastly, make sustainability rewarding. Prioritise low-emission suppliers, emphasising that sustainable operations pave the way for business opportunities. All six are 'no regrets' decisions: each pays off today, cuts cost and makes the supply chain more resilient, whatever the emissions data later shows.