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Сlimate informed sourcing strategy
Separate procurement emissions from financed emissions with supplier-specific data that stands up to audit and supports CSRD and ESRS E1 reporting.
Explore this
use case
Supplier emissions procurement for banks and insurers, separate from financed emissions
Financed emissions gets the attention at a bank or insurer. The institution's own supply chain, the software, facilities, professional services and outsourced operations it buys, is a separate inventory with its own Category 1 problem, and it tends to get less scrutiny even though it sits on the same disclosure.
Why this needs its own page, not a financed-emissions add-on
A portfolio company's emissions and a supplier's emissions are calculated differently, reported differently and owned by different teams internally. Treating a bank's own procurement spend as an afterthought inside a PCAF programme is where the miscategorisation usually starts. This is a procurement inventory, measured the same way any organisation's Category 1 is measured, against the GHG Protocol Scope 3 Standard.
The data quality problem procurement actually has
Financial institutions run large, varied supplier books, often assembled from spend files with inconsistent supplier names and no consistent identifiers. DitchCarbon provides verified emissions data for over 2 million organisations, matched through entity resolution against DUNS, LEI and ISIN identifiers, so a spend file is matched to real organisations rather than sector averages.
What regulated procurement teams need from the number
A number a bank or insurer's own auditor can follow matters more here than almost anywhere else. Every figure carries its source and change history, and DitchCarbon's calculation methodology is verified to ISO 14064-3 by UL Solutions, renewed annually. DitchCarbon was the first company to earn UL Solutions' Sustainability Information Calculator Verification, in June 2025, and is the only specialist Scope 3 tool with third-party assurance of its calculation methodology.
Where it fits alongside CSRD and ESRS E1 reporting
Procurement's Category 1 figure feeds the same CSRD and ESRS E1 disclosure the institution is already preparing, so getting it onto a defensible footing, numbers you can defend within 2 weeks, closes a gap before it becomes an audit finding rather than after.
See what a sample of your own supplier spend looks like against organisation-specific data before making this a wider project.
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