How to Engage with Suppliers in Your Decarbonization Journey
A company's scope 3 emissions, i.e. the emissions stemming from the upstream and downstream supply chain, typically take up the largest share of its overall carbon footprint. At the same time, it is the hardest scope to reduce because of the lack of control over the emission sources. As part of an climate action strategy, how you engage with you suppliers is thus a critical component.
This report from the UN Global Compact Denmark and BSR summarizes the supplier engagement strategies of 8 Danish companies in their efforts to decarbonize their supply chain. There is no one way to go about it but this sample from a variety of different sectors, provides some key insights and ideas on how it can be done effectively.
Picture and report by Global Compact Network, Denmark (April, 2023)